Download your FREE reports now!

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

157 Riseley St, Booragoon

$1,625,000

property pic

PRIME BOORAGOON DEVELOPMENT OPPORTUNITY R40 ZONING

This immaculate 3 bedroom, 2 bathroom home offers the ideal opportunity to move in, lease out for passive income, or progress your development plans on a generous 735sqm R40 block - subdividable into two or three dwellings (Subject to WAPC approval). The site provides exciting flexibility for ...

Get more info on this property
rei

3

rei

2

rei

4

House

WA 6154


1/60 Point Walter Rd, Bicton

$679,000

property pic

Why: Ideal for the lock up and leave lifestyle, this low mainten

What: A 2 bedroom, 1 bathroom villa with garaged parking for the vehicle, and positioned to the front of a peaceful strata complex Who: Seekers of relaxed lifestyle living, with all the essential amenities easily within reach and nearby stunning parkland to enjoy Where: Walking distance to the ...

Get more info on this property
rei

2

rei

1

rei

1

House

WA 6157


10/72-74 Waddell Rd, Bicton

$695,000

property pic

Lock and leave lifestyle

Tucked within a private group of just ten, this beautifully presented, first-floor apartment delivers effortless living in one of Bicton's most convenient locations. Moments from Melville Plaza, local eateries, Bicton Primary School and public transport, it offers the perfect blend of comfort and ...

Get more info on this property
rei

2

rei

1

rei

1

Unit

WA 6157


18 Wethered St, Leeming

$1,650,000

property pic

YOUR DREAM HOME AWAITS!!!

Are you looking for a home that has everything? Well you need look no further than this magnificent 4 bed 2 bath home in the heart of Leeming. This beautifully renovated home provides so much additional space, making this perfect for family living. It has a great feel from the moment you step ...

Get more info on this property
rei

4

rei

2

rei

2

House

WA 6149


3 Morriett St, Attadale

$0

property pic

A Tranquil, Modern Sanctuary

Masterfully crafted for those who love to gather, celebrate, and live beautifully, this exceptional 2022 single-storey residence is far more than a home. Offering a retreat-like lifestyle defined by tranquillity, functionality and effortless modern living, thoughtfully designed with solar-passive ...

Get more info on this property
rei

4

rei

2

rei

2

House

WA 6156


Navigate to more Suburbs, Regions or States