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Melville

POSTAL CODE: WA, 6156
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MELVILLE, 6156 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in WA have risen as a whole, pulling MELVILLE, 6156 values up and netting property investors a capital gain of 26.25% for the past year.

Investors saw the median home price rise to $1,515,000.

Profits due to an upward trend in home prices in the suburb averaged 21.56% per annum over a 3-year period.

MELVILLE now ranks at the 107th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in MELVILLE are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $820 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In MELVILLE, homes and units usually stay on listing for an average of 19 days.

In 2016, 92 properties were sold in MELVILLE during the past year, making it the 19th most active market in WA based on total real estate transactions.

Surburb overview

Melville is a suburb within the City of Melville, approximately 11 kilometres south of Perth's central business district. The area spans 2.4 square kilometres and is bordered by Attadale, Alfred Cove, Myaree, and Willagee.

According to the 2021 Census, Melville had a population of 5,695 residents. The community comprises a mix of families, professionals, and retirees, reflecting a diverse demographic profile.

Public transportation in Melville is serviced by several Transperth bus routes, including the 111, 114, 502, 910, and 915. These routes connect Perth CBD, Fremantle, and surrounding suburbs, with services operating along major roads such as Canning Highway, Marmion Street, and Leach Highway. Bull Creek and Fremantle are the nearest train stations, accessible via connecting bus services.

Essential establishments within the suburb include Melville Primary School and Melville Senior High School, catering to the educational needs of local children. Healthcare services are available at various medical centres throughout the area. Residents can access Melville Plaza, which features supermarkets, specialty stores, and eateries for shopping and dining.

Several parks and facilities support recreational activities in Melville. Kadidjiny Park offers modern playground equipment, barbecue facilities, and shaded areas suitable for family gatherings. Melville Reserve provides open spaces for picnics and sports and is adjacent to LeisureFit Melville, the city's central recreation facility. Additionally, the A.H. Bracks Library, located at the corner of Canning Highway and Stock Road, serves as a community hub for educational and cultural activities.

Melville's combination of accessible public transport, essential amenities, and recreational spaces contributes to its residential appeal. The suburb's infrastructure supports a balanced lifestyle with a blend of residential and commercial developments.

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