WA/
Mount melville

Suburb Profile

Mount Melville - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6330

house

Property investments in MOUNT MELVILLE did not fare well against the rest of the country last year, registering a median home price decrease of -1.37%.

Real estate investors could earn a rental income of $330 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 91.8 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $360,000.

MOUNT MELVILLE ranks 98th on the list of best yielding suburbs for rental properties in WA, posting a 4.77% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $360,000 N/A
GROWTH REPORT
Median Quarterly N/A N/A
Median 12 month -1.37% N/A
Median 3 years 0.84% N/A
Median 5 years 9.92% N/A
10 years average annual -0.71% N/A
Weekly media advert. rent $330 N/A
Time on Market 91.8 days N/A
Gross Rental Yield Percent 4.77% N/A
demographics (median values)
Total Population
1465
Weekly Household Income
891.5
Household Size
2.30
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