Mount Melville WA 6330

Here you can find what you need to know about Mount Melville, WA, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$355k Median Sale Price (National Average $485k) 525th In WA
-6.58% Median Price Change (1 yr) (National Average 4.30%) 1059th In WA
$343pw Median Rent (National Average $395) 431st In WA
5.0% Median Gross Yield (National Average 4.24%) 206th In WA
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Properties sold 29
Average discounting -6.36%
Average Days on Market 58
Stock on Market 17 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Mount Melville, WA National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Mount Melville, WA National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Mount Melville, WA National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Mount Melville


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State Auction Clearance Rates - January 2019

Auctions Clearance rate
%
NSW 7 0%
QLD 13 17%
SA 2 50%
TAS 1 0%
VIC 4 0%

Local Schools


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Suburb Information

Mount Melville, WA 6330

Part of: Albany Council No data available

The size of Mount Melville is approximately 2.9 square kilometres. It has 2 parks covering nearly 19.1% of total area. The population of Mount Melville in 2011 was 1,079 people. By 2016 the population was 1,084 showing a population growth of 0.5% in the area during that time. The predominant age group in Mount Melville is 60-69 years. Households in Mount Melville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Melville work in a professional occupation. In 2011, 53.6% of the homes in Mount Melville were owner-occupied compared with 58% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Mount Melville

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Mount Melville   for Houses in last 12 months


There have been 28 Houses sold in Mount Melville in the past 12 months with a median sale price of $353K, up -7.24% annually. It takes on average 59 days to sell with vendor discounting of -6.78%.

Streets in Mount Melville


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