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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 850 investment properties found in Melville on realestateinvestar.com.au

13 Alsop Pl, Kardinya

$1,549,000

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A versatile entertainer's paradise

Tucked in a quiet cul-de-sac within Kardinya's prestigious Somerville Estate, this extensively renovated family residence pairs flexible living with private, resort-style outdoor spaces. Extensively renovated and beautifully maintained, the main 4-bedroom, 2-bathroom residence blends generous ...

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House

WA 6163


30 Gunbower Rd, Mount Pleasant

$1,650,000

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The perfect package on Gunbower

Downsizing or upsizing, you wont find better value than this with a lifestyle to envy. Street-front, sunlit and effortlessly liveable, this well-kept single-level home pairs an easy, practical layout with a position that puts daily amenities at your door. Moments from Mount Pleasant Primary ...

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House

WA 6153


1/126 Gilbertson Rd, Kardinya

$729,000

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Cosy Comfortable Villa

Villa in a complex of 4. No strata fees, not sharing a wall and roof. This double brick and tile 3 bedroom, 1 bathroom house, is packed with many features and must be seen. Relax in comfort, under the reverse-cycle air conditioning in the open plan Living and Dining room. Kitchen plus meal area, ...

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Townhouse

WA 6163


49 Swan Rd, Attadale

$0

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Elevated family living

This outstanding Attadale residence brings together generous proportions, thoughtful design and a resort-quality outdoor setting. Every part of the home feels purposeful, inviting and ideal for a family seeking both space and lifestyle. The moment you enter through the secure front gates, the home ...

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House

WA 6156


6 Shearer St, Myaree

$0

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COTTAGE DREAMS

Prime Myaree Opportunity includes 718sqm of land with endless potential on arguably Myaree's best family friendly location. One of the last original homes in the area on a full block. Welcome to 6 Shearer Street, Myaree offering a rare chance to secure a generous 718sqm parcel of land in one of ...

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House

WA 6154


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