Suburb Profile Report for Mount Melville WA (6330)

Mount Melville House: Median price $365,000, Annual capital growth -0.32%, Number of sales 20, Weekly median advertised rent $330

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Property value increases in Mount Melville have tracked just higher than the WA average of -2.82% over the last 12 months.

If we look at median property appreciation over just the last three months, Mount Melville has given property investors a paper return of 1.39%. This puts Suburb as 86 on a list of fastest fasting appreciating suburbs in WA

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.15% offered to property buyers. Sellers in Mount Melville itself are offering an average vendor discount of -6.92% to real estate investors.

Often selling an investment property can take time, and in Mount Melville the average time real estate has been on the market is 99.06 days.

Mount Melville is 105th on a list of best yielding suburbs for rents in WA with a 4.70% return

Metrics i HOUSE UNIT
$365,000 N/A
1.39% N/A
0.00% N/A
-0.32% N/A
$330 N/A
20 N/A
4.70% N/A
99.06 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Mount Melville WA
Demographics
Total population 1079
Median household income ($/weekly) 1065
Median age of persons 41
Median housing loan repayment ($/monthly) 1560
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 87 8.1
    25-34 years 138 12.8
    35-44 years 154 14.3
    45-54 years 166 15.4
    55-64 years 157 14.6
    Others 377 34.9
    Age Group
    Census Count Percent(%)
    Not Married 372 44.2
    Registered Married 356 42.3
    Defacto Relationship 113 13.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 762 73.9
    Papua New Guinea 32 3.1
    Philippines 35 3.4
    United Kingdom 108 10.5
    Other 25 2.4
    Others 69 6.7
    Country of Birth
    Census Count Percent(%)
    Christianity 576 60.8
    No Religion 333 35.1
    Buddhism 16 1.7
    Other Religious Groups 12 1.3
    Hinduism 11 1.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 57 13.1
    $600-$799 41 9.4
    $1,000-$1,249 40 9.2
    $1,250-$1,499 46 10.6
    $1,500-$1,999 56 12.8
    Others 196 45.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 337 38.3
    Not in the labour force 281 31.9
    Employed, worked part-time 198 22.5
    Unemployed, looking for work 36 4.1
    Employed, away from work 29 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 118 20.8
    Technicians & trades workers 90 15.8
    Community & personal service workers 72 12.7
    Clerical & administrative workers 66 11.6
    Labourers 79 13.9
    Others 143 25.2
    Occupation
    Census Count Percent(%)
    Pre-school 12 7.1
    Infants/Primary 56 32.9
    Secondary 38 22.4
    Technical or Further Educational Institution 37 21.8
    University or other Tertiary Institutions 18 10.6
    Others 9 5.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 933 90.3
    Semi-detached, row or terrace house, townhouse 73 7.1
    Flat, unit or apartment 20 1.9
    House or flat attached to a shop, office 4 0.4
    Caravan, cabin, houseboat 3 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 198 43.8
    Fully owned 129 28.5
    Being purchased 125 27.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals