Melville, WA 6156

Melville, WA 6156

Compare Part of Melville

2751.68 km
Distance from CBD
14 k
Population

Auction Times

Sat 29 Feb
Auction Time Agency
29 Lamond Street
3 2 8 House
1:00 PM
Sat 29th Feb
Ray White Applecross
Median Sale Price
House
$801K
Updated on Jan 2020
2 BR
$745K
3 BR
$738K
4 BR
$915K
Unit
$402K
Updated on Jan 2020
1 BR
$332K
2 BR
$400K
3 BR
$475K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$659,000
0.0% $415,000 $1,250,000 50
2010
$787,000
+16.3% $312,000 $1,420,000 64
2011
$710,000
-10.8% $300,000 $1,080,000 65
2012
$769,000
+7.7% $367,500 $1,360,000 68
2013
$815,000
+5.6% $380,000 $1,825,000 159
2014
$810,000
-0.6% $325,000 $6,000,000 121
2015
$847,000
+4.4% $438,000 $1,650,000 86
2016
$812,500
-4.2% $435,000 $1,680,000 79
2017
$760,000
-6.9% $480,000 $1,600,000 95
2018
$775,000
+1.9% $308,000 $1,400,000 48
2019
$750,000
-3.3% $590,000 $965,000 11
2020
-
- - - -
Median Sale Price
$750K
Based on 11 recorded sales within the last 12 months
Updated on 20 Feb 2020
Suburb Growth
0.0%
Current Median Price: $750,000
Previous Median Price: $750,000
Based on 50 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$470
Updated on Jan 2020
2 BR
$350
3 BR
$445
4 BR
$643
Unit
$350
Updated on Jan 2020
1 BR
$290
2 BR
$350
3 BR
$373
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$485
0.0% $320 $1,250 52
2012
$600
+19.2% $400 $1,200 42
2013
$550
-9.1% $300 $1,100 77
2014
$585
+6.0% $330 $850 53
2015
$495
-18.2% $260 $1,300 88
2016
$480
-3.1% $250 $1,200 84
2017
$430
-11.6% $235 $950 72
2018
$450
+4.4% $275 $795 71
2019
$495
+9.1% $310 $1,099 69
2020
$580
+14.7% $480 $675 6
Median Rent Price
$495
per week
Based on 63 recorded rent within the last 12 months
Updated on 20 Feb 2020
Rent Price Growth
+3.0%
Current Median Rent: $495
Previous Median Rent: $480
Based on 134 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.4%
Current Median Price: $750,000
Current Median rent: $495
Based on 74 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)

Auction Results For Melville

Houses sold in Last 12 months ends 15 Feb 2020

$750K

Median Sale Price

100%

Clearance Rate

19/19

Sold/Reported

$965K

Highest Sale Price

Sold Price Range No. of Sold Properties
$800 K - $1 M 5
$600 K - $800 K
(Median Price Range)
4
$400 K - $600 K 2