Question 1

Is Mount Melville a nice place to live?

Accepted Answer

Mount Melville is built around a wooded hill with walking tracks winding to a summit lookout that frames the harbour and nearby coastline.

The community is older, with couples without children making up 52.2% of families. Everyday life is shaped by the Mount Melville reserve and outdoor recreation, with walkers and birdwatchers common on weekends, and the suburb sits close to Albany's town centre and harbour precinct for shops, cafes and essential services; the Mount Melville Cycle Link, a Grey Street shared-path extension, has been completed and provides a continuous shared path connection between Albany's CBD and the Torndirrup Peninsula.

Question 2

Is it expensive to live in Mount Melville?

Accepted Answer

House rents in Mount Melville run to about $600 a week. A typical local household earned about $1,468 a week at the most recent Census, so $600 a week would take roughly 41% of that income, a large share of a household's weekly earnings. For renters, that rent share is the figure that matters when deciding how expensive Mount Melville feels.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Mount Melville a good place to invest?

Accepted Answer

Mount Melville's house market shows a strong 25.6% rise in median house values over the past 12 months, while house rents increased a solid 9.1%. For houses, capital growth outpaced rental income.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	25.6%	N/A
Sold Past 3 months	3	N/A
Median days on market Past 12 months	21	N/A
Average rent Past 12 months	$600	N/A
Change in rent Past 12 months	9.1%	N/A

	Suburb	WA
Median age years	48	38
Median household income weekly	$1,468	$1,815
Couples with children share of families	30.5%	44.6%
Couples without children share of families	52.2%	38.8%
One-parent families share of families	15.8%	15.1%
Homes owned outright share of homes	35.3%	30.2%
Homes with a mortgage share of homes	32.8%	41.4%
Homes rented share of homes	31.9%	28.3%

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