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Melville suburb profile

Melville is a riverside suburb in Perth's southern suburbs, set along the Swan River in the City of Melville and valued for its leafy, settled character. Streets are lined with a mix of mid-century brick and weatherboard homes alongside newer riverside dwellings, creating a neighbourhood that feels established rather than new. Residents tend to be families and professionals who appreciate quiet residential streets, nearby foreshore reserves and shared walking and cycling paths. Local shops and cafés meet everyday needs and regular bus services and arterial roads connect the suburb to nearby centres and the city.

Melville property market performance

Current median dwelling price$1,028,750Past 3 months

Property growth+19.0%Past 12 months

There have been relatively few recent unit sales, so there isn't enough data to publish a reliable median unit price. On the house side the median house price is $1.6 million; house values have risen sharply, up 17.3% over the last 12 months.

Over the last 3 months 17 houses and 5 units changed hands. Median days on market over the last 12 months were 12 days for houses and 10 days for units, so they sold in a similar time.

The rental market in Melville saw average house rents of $850 a week, up a solid 6.2% over the last 12 months, while unit rents averaged $720 a week, up a modest 2.9%. House rents grew more strongly than unit rents.

HousesUnits
Median price
Past 3 months
$1.60MN/A
Change in value
Past 12 months
17.3%20.7%
Sold
Past 3 months
175
Median days on market
Past 12 months
1210
Average rent
Past 12 months
$850$720
Change in rent
Past 12 months
6.3%2.9%

5 year median price trend for houses and units

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Melville demographics

Melville is home to 6,204 people, with a median age of 42. The median total household income is $2,183 a week, roughly $113,500 a year.

Family life is prominent: couple families with children are the largest group at 51.2%, while couple families without children account for 33.7%. One-parent families make up 13.7% and other families 1.4%. Together, couple families with and without children comprise 84.9% of families, with about five in ten being couple families with children.

Homes in Melville are mostly owner-occupied: 84.3% are owned outright (39.2%) or with a mortgage (45.1%), and 15.7% are rented.

Suburbs near Melville

Some popular suburbs near Melville include:

  • Willagee: Established residential suburb with local parks and a relaxed atmosphere.
  • Attadale: Leafy riverside suburb with foreshore reserves and a quiet, residential feel.
  • Myaree: Mixed residential and commercial suburb with convenient access to local shopping and services.
  • Alfred Cove: Quiet riverside suburb known for its reserves and abundant birdlife.
  • Bicton: Tree-lined riverside suburb with a village atmosphere and established homes.

How does Melville compare to nearby suburbs?

  • Median house prices: Melville’s median house price is 39.9% higher than Willagee’s.
  • Median unit prices: Melville’s median unit price is 23.6% higher than Attadale’s.
  • House price growth: Over the past 12 months, house prices in Melville have grown 4.6% higher than in Willagee.
  • Unit price growth: Over the past 12 months, unit prices in Melville have grown 4.7% higher than in Bicton.
  • Selling speed for houses: Properties in Melville are selling 14.3% faster than in Attadale.
  • Selling speed for units: Properties in Melville are selling 28.6% faster than in Attadale.
  • Investment considerations: In Melville, the rental yield for house is 10.4% higher than the Perth average, while the rental yield for units is 8.1% higher.
  • House price growth: Over the past 12 months, house prices in Melville have grown 46.9% higher than the average rate of growth across Perth.
  • Unit price growth:Over the past 12 months, unit prices in Melville have grown 19.7% higher than the average rate of growth for units across Perth.

Choose the right real estate agents in Melville

In Melville ,51 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 44.9% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 2.15% and 3.25%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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