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

606/910 Canning Hwy, Applecross

$1,600,000

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Exclusive Opportunity!

• Internal area 107m² • Balcony area 25m² • Secure car bay • 2.7m high ceilings • Premium grade hybrid flooring to living & kitchen • 100% wool loop pile carpet to bedroom • Slimline porcelain benchtops & splashback • Integrated ...

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WA 6153


707/910 Canning Hwy, Applecross

$1,205,000

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Exclusive Opportunity!

• Internal area 82m² • Balcony area 22m² • Secure car bay • 2.7m high ceilings • Premium grade hybrid flooring to living & kitchen • 100% wool loop pile carpet to bedroom • Slimline porcelain benchtops & splashback • Integrated fridge/freezer ...

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WA 6153


2504/910 Canning Hwy, Applecross

$1,365,000

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Exclusive Opportunity!

• Internal area 82m² • Balcony area 17m² • 2 Secure car bay • 2.7m high ceilings • Premium grade hybrid flooring to living & kitchen • 100% wool loop pile carpet to bedroom • Slimline porcelain benchtops & splashback • Integrated ...

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WA 6153


198 Riseley St, Booragoon

$1,500,000

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Dual High School Zone Family Living

Positioned in a highly sought-after Booragoon pocket, this well-appointed 4-bedroom, 2-bathroom home on a 410sqm block offers the ideal combination of space, comfort, and convenience. Perfectly suited to families and downsizers alike, the property sits within the coveted dual Applecross Senior ...

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House

WA 6154


9 Linton Rd, Attadale

$0

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You're Invited to... Flexible Living Meets Character Home

Welcome to a home with personality, space and plenty of heart. This unique and charming residence unfolds across a wonderfully flexible floor plan designed to adapt to the way your family lives, relaxes and entertains. Multiple generous zones create the perfect balance between connection and ...

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House

WA 6156


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