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