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Investment Property Melville, WA, 6156

Suburb Snapshot

Melville is a suburb in the Melville Region of Western Australia. Melville has a population of 5,696 people and 16.36% of its occupants live in rental accommodation. The median listing price for houses is $1,200,000 and this has changed 12.14% over the past year and changed 41.17% over 2 years.

The median rent in Melville for houses is $750 per week and the median rental yield is 3.25%. Stock on the market for houses/townhouses has changed 16.13% compared to last year and the average time to sell a house/townhouse is 63 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Melville is NA per week, producing a rental yield of NA.

Supply & Demand in Melville, Melville

0.58%

Current vacancy rate


16

Rental stock available


5,696

Population


16.36%

Rental population


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, Melville

  House Townhouses Units
Median listing price $1,200,000 NA NA
Median price change - last quarter 1.69% NA NA
Median price change - 1 year 12.14% NA NA
Median price change - 2 years 41.17% NA NA
  House Townhouses Units
Median weekly rent $750 $640 NA
Median yield % 3.25% NA NA
Median rent change - 1 year 3.44% 17.43% NA
  House Units
Previous month sales 9 0
Stock on market previous month 36 0
Stock variance vs. last year 16.13% -100.00%
Average days on market 63 NA

Melville investment property listings

Showing 5 of 71 investment properties found in Melville on realestateinvestar.com.au

2 Birdwood Rd, Melville

$1,789,000

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PRIME LOCATION - CORNER OF BIRDWOOD & MONEY ROAD

Vintage Soul Meets Modern Living on 601sqm Original 1937 brick and tile cottage with a funky renovation - this definitely isn't a cookie-cutter home. It's a must see! If you're looking for a home with yesteryear's charm, sprawling entertaining areas and plenty of room to move, this could be the ...

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WA 6156


9 McKnight Pl, Melville

$2,000,000

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Renovate or Develop

Discover the incredible potential of this rare 911sqm R40 zoned property positioned in a quiet cul-de-sac overlooking the ever popular Kadidjiny Park. Whether you're seeking your next renovation project, investment opportunity or future development site, this versatile property delivers endless ...

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WA 6156


44 Redwood Cres, Melville

$2,000,000

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Will Be Gone Before You Know It

It has been a while since I have seen a property like this come to market in Melville. Not just because of the land size but what this offers you. A well cared for and well-established home with the original home being built in the 1950's and additions added on over time. This has created one ...

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WA 6156


27A Shelshaw St, Melville

$950,000

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Contemporary Comfort, Easy-Care Living & Investment Appeal!

Welcome to 27A Shelshaw Street, Melville a beautifully presented 3-bedroom, 2-bathroom home that perfectly blends contemporary style with effortless modern living. Built in 2024, this near-new residence showcases high ceilings, quality finishes and a thoughtfully designed layout, making it an ...

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WA 6156


TBC Rome Rd, Melville

$1,252,000

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Bold. Architectural. Flawless. Secure Melville's Finest Parkside

Capitalise on Growth: Benefit from Melville's exceptional capital growth and flexible R40 zoning, protecting your long-term equity in a high-performing pocket. This high-yielding green title lot represents an extraordinary investment in your family's future, placing you in a high-demand suburb ...

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WA 6156


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