Melville is in the TOP 30% in WA when comparing median price capital growth over the last year. Melville gave property investors a good capital gain figure when compared to the rest of the state, with -1.26%.
Melville,6156 has offered an average of -1.26% return per annum in house price rises to property investors over the last three years.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.21% offered to property buyers. Sellers in Melville itself are offering an average vendor discount of -6.26% to real estate investors.
Situated 11.16km from the CBD, Melville is one of Melville localities in the postcode 6156.
If you compare the increase in value of investment property in Melville, 6156 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -22.97%.
A 5.63% growth in median value for property investors in Melville,6156 puts this suburb at number 99th in terms of best performing suburbs in WA
Melville, 6156 is offering WA ‘s 38th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this WA.
Residents and property investors in Melville have been waiting around 156.61 days to sell a property.
Property investors should expect to get $355 weekly from the median priced house in this suburb.