Suburb Profile Report for Mount Melville WA (6330)

Mount Melville House: Median price $395,000, Annual capital growth -0.24%, Number of sales 21, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report

Property value increases in Mount Melville have tracked higher than the WA average of -2.07% over the last 12 months.

Across a shorter period, Mount Melville, 6330 has seen a median price increase of 12.86% over the last quarter.

The most recent median price for Mount Melville is $395000, with sellers offering an average of -6.06% off the asking price.

On average over the past year, suburb has had 1.75 sales per month, which equates to 21 per year.

A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.61%, without taking into account capital value appreciation, which has been averaging out at -0.24%.

Metrics i HOUSE UNIT
$395,000 N/A
12.86% N/A
9.72% N/A
-0.24% N/A
$350 N/A
21 N/A
4.61% N/A
135.94 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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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