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

210A Burke Dr, Attadale

$1,499,000

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Opportunity awaits in this premium riverside setting

Perfectly positioned on a 538sqm rear survey-strata block, this premium riverside setting offers a wealth of opportunity for the astute buyer, with an immediate rental return of $780p/week and a tenancy agreement in place until June 2026. The potential also exists to renovate the home to a modern ...

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Townhouse

WA 6156


13 Barrisdale Rd, Ardross

$2,300,000

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A private sanctuary with poolside entertaining

Beautifully renovated and tastefully updated with a relaxed modern feel, this four-bedroom home delivers an exceptional balance of character, comfort and lifestyle in one of Ardross' most tightly held pockets. Set behind a beautifully renovated facade, the home opens to a private and tranquil rear ...

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House

WA 6153


N/A, Alfred Cove

$0

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STYLISH SINGLE-LEVEL RESIDENCE

* EXPRESSIONS OF INTEREST * Ace Realty is excited to present this beautifully presented residence For Sale by Expressions of Interest. All offers must be submitted by Thursday, 5 March at 4.00 pm (AWST) - unless sold prior. Effortless Living in the Heart of Alfred Cove Welcome to this beautifully ...

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House

WA 6154


3/18A Tweeddale Rd, Applecross

$0

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Essence Of The Applecross Lifestyle

*CONSTRUCTION IS UNDERWAY The Last Remaining Whole-Floor Apartment at 18a Tweeddale A boutique collection of exclusive luxury residences just moments from the river, with select apartments enjoying sweeping river and city views. Now selling is the final opportunity to secure one of only five ...

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Unit

WA 6153


N/A, Booragoon

$0

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FAMILY FAVOURITE

* EXPRESSIONS OF INTEREST * Ace Realty presents this superbly renovated family residence For Sale by Expressions of Interest. All offers must be submitted by Thursday, 5 March at 4.00 pm (AWST) - unless sold prior. Welcome to your fabulous home, a residence that delivers space, style, and serenity ...

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House

WA 6154


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