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Investment Property Melville, WA

Region Snapshot

Melville is a region in Western Australia, Australia. Melville has a population of 98,078 people and 20.56% of its occupants live in rental accommodation. The median listing price for houses is $1,295,000 and this has changed 31.47% over the past year and changed 43.88% over 2 years.

The median rent in for houses is $780 per week and the median rental yield is 3.13%. Stock on the market for houses/townhouses has changed 13.82% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $850,000 and this has changed 42.85% over the past year. The average unit takes NA days to sell and the median rent for a unit in Melville is $650 per week, producing a rental yield of 3.97%.

Supply & Demand in Melville

0.57%

Current vacancy rate


269

Rental stock available


98,078

Population


20.56%

Rental population


0.63%

Current vacancy rate


7,731

Rental stock available


2,474,414

Population


23.98%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Melville

  House Townhouses Units
Median listing price $1,295,000 $749,500 $850,000
Median price change - last quarter 7.50% 5.57% 1.96%
Median price change - 1 year 31.47% 25.12% 42.85%
Median price change - 2 years 43.88% 36.27% 42.37%
  House Townhouses Units
Median weekly rent $780 $650 $650
Median yield % 3.13% 4.50% 3.97%
Median rent change - 1 year 11.42% 13.04% 18.18%
  House Units
Previous month sales 109 11
Stock on market previous month 593 119
Stock variance vs. last year 13.82% -21.19%
Average days on market NA NA

Melville investment property listings

Showing 5 of 827 investment properties found in Melville on realestateinvestar.com.au

18/1 North Lake Rd, Alfred Cove

$1,300,000

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Penthouse Living with Space, Style & River Proximity

From the moment you step inside, there's an immediate sense of space, light, and luxury this is a home that truly delivers a "wow" first impression. The expansive open-plan living and dining area flows directly onto a generous north-facing balcony, creating a seamless extension of the living space ...

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WA 6154


5/426 Canning Hwy, Attadale

$689,000

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EXTREME MAKEOVER!

Set well back from the street in a quiet and private position at the rear of a small group of only 10, this spacious and stylish ground-floor unit has had an extreme makeover. Situated on the ground floor for easy access and completely renovated to a high standard, the home boasts a light-filled ...

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WA 6156


8/60 Cleopatra St, Palmyra

$775,000

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Lovely Villa located in the heart of Palmyra

This beautifully presented two bedroom one bathroom villa offers comfort, style and low maintenance living in a prime Palmyra location. Bathed in natural light and finished with quality touches throughout, this home is perfect for first home buyers, savvy investors, or those looking to downsize. ...

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WA 6157


N/A, Leeming

$1,440,000

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Great Family home in Cul-de-sac!

Large family home with raked ceilings and four living areas! Amazing opportunity to secure your next home for generations or your best investment! Positioned in a sought-after location in Leeming with quiet surroundings, in a nice cul-de-sac, this lovely home is only 2km to Leeming Senior ...

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WA 6149


2/61 Connelly Way, Booragoon

$925,000

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Location, Location

Well presented home offering space, practicality, and convenience. Featuring two bedrooms, both complete with built-in robes and one bathroom. A kitchen with a breakfast bar, flows into a casual living space and adjoining dining area. A laundry with built-in storage. Step outside to the timber ...

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WA 6154


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