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  4. Melville

Melville 6156

Market analysis for investment properties in Melville

Median Price

$1,550,000

Trend:Accelerating
+24.0%
Median Rent

$837.5/pw

Trend:Accelerating
+11.7%
Rental Yield

2.81%

Trend:Decelerating
-9.9%
Median DoM

29 Days

Trend:Decelerating
-62.1%
Market Analysis

Why investors are watching Melville right now.

Garden City Shopping Centre is a major retail hub located in Melville, offering a wide range of stores including fashion, homewares, and dining options. Additionally, various local shops and boutiques can be found throughout the suburb, providing convenience and variety for residents.

Melville Primary School and Melville Senior High School are situated within the suburb, offering quality education from primary through to secondary levels. The schools have a strong reputation for academic excellence and extracurricular opportunities, contributing to the overall appeal of the area for families.

Melville is well-connected to the CBD of Perth, with several transport options available. The nearest train station is Bull Creek Station, providing easy access to the city center. Multiple bus routes also service the area, offering convenient and reliable public transportation for commuters.

Melville boasts an abundance of green spaces, including parks, reserves, and recreational areas. Wireless Hill Park is a notable spot, offering panoramic views of the city skyline and Swan River. Residents can enjoy trails for walking and cycling, as well as picnic facilities in a serene natural setting.

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Capital Growth

Historical Performance

Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.

Market Vitals

Market Dynamics

Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.

Unlock Market Vitals

See live suburb and LGA market signals.

The Ripple Effect

Explore Nearby Opportunities

Investors analyzing Melville often compare these adjacent markets for better entry points or higher yields.

View LGA Dashboard

Myaree

14km from center

Median Price

$1.50m

+29.6%

Rental Yield

2.7%

Gross annual

Bicton

16km from center

Median Price

$1.73m

+26.4%

Rental Yield

2.7%

Gross annual

O'Connor

21km from center

Median Price

$1.06m

+23.1%

Rental Yield

N/A

Gross annual

Strategy by LighthousePA

Where will Melville be in 2026?

Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Melville, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.

  • Wealth Planning
  • Ownership Structuring
  • Buyers Advocacy
  • Property Negotiation
Consult LighthousePA
LighthousePA (Property Advisors) - Expert buyers advocates and investment strategists in Melville
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Expert Advice

LighthousePA

Investment Insights & FAQ

Frequently asked questions about the Melville property market in 2026.

As of March 2026, the Melville property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 24% and units have grown by 26.04%. These figures reflect the evolving demand within Melville, offering potential for capital appreciation.

Based on the latest market snapshot, median property prices in Melville range from $1,550,000 for houses to $876,000 for units. These values are calculated based on recent transaction data and current buyer activity across the Melville region.

For investors targeting cash flow, houses rent for $837.5 /pw with a 2.81% yield, while units rent for $740 /pw with a 4.39% yield. This rental performance is a key indicator of strong tenant demand within the Melville area.

Market Insights Last Updated: March 2026