Melville
Market analysis for investment properties in Melville
Median Price
$1,470,000
Trend:Accelerating
+11.4%
Median Rent
$850/pw
Trend:Accelerating
+6.3%
Rental Yield
3.01%
Trend:Decelerating
-4.4%
Median DoM
37 Days
Trend:Decelerating
-36.2%
Market Analysis
Why investors are watching Melville right now.
Garden City Shopping Centre, located in Booragoon within the Melville area, is a prominent shopping destination offering a wide range of retail stores, dining options, and entertainment facilities.
Melville Senior High School is a well-regarded public secondary school, known for its strong academic programs and extracurricular activities. Additionally, Brentwood Primary School is a highly-rated public primary school in the area.
The Canning Bridge Train Station serves as a significant transport hub within Melville, connecting residents to other key areas in Perth via the Mandurah Line. The well-connected road network in the area also provides easy access to major highways, such as the Kwinana Freeway.
Point Walter Reserve is a popular spot for outdoor enthusiasts, offering stunning views of the Swan River, walking trails, picnic areas, and water sports activities. Wireless Hill Park is another notable natural attraction, known for its rich indigenous history, bushland settings, and panoramic views of Perth.
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Capital Growth
Historical Performance
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Market Leaders
Top Performers in Melville
Best performing suburbs in Melville ranked by capital growth and rental yield. Data as of March 2026.
Top Suburbs by Growth
Top Suburbs by Yield
| Name | Type | Median Price | Rental Yield |
|---|---|---|---|
| Myaree | Unit | $560k↓13.8% | 6.4% |
| Bull Creek | Unit | $659k↓15.0% | 5.4% |
| Kardinya | Unit | $640k↑10.3% | 5.2% |
| Hidden Market Alpha | House | $1.18m+14.2% | 4.6% |
| Hidden Market Beta | Unit | $735k+11.8% | 5.2% |
| Hidden Market Gamma | House | $962k+10.4% | 4.9% |
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Market Vitals
Market Dynamics
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
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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
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 11.36% and units have grown by 21.35%. These figures reflect the evolving demand within WA, offering potential for capital appreciation.
Based on the latest market snapshot, median property prices in Melville range from $1,470,000 for houses to $830,000 for units. These values are calculated based on recent transaction data and current buyer activity across the WA region.
For investors targeting cash flow, houses rent for $850 /pw with a 3.01% yield, while units rent for $700 /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