Located in the dynamic state of WA (postcode 6156), MELVILLE is a vibrant real estate market. This suburb holds a median house price of $990,000 and has demonstrated an average buying growth of Up 11.2%. Last month, 28 houses were available, with 90 transactions completed in the past year. Properties spend around 65 days on the market, reflecting the area's demand with 1594 interested buyers. The average rental yield stands at 3.9%, with a weekly median rent of $500 per week and an average rent growth of Up 16.4%. Rental properties usually stay on the market for 20 days. The population in 2016 was 5688, which changed by +9.40% in the past five years. The median weekly household income is $1,866, reflecting an income change of +16.99% over the past five years. Residents have a median age of 41 years, and the suburb has an average annual growth for houses of +5.62%. To fully take advantage of MELVILLE's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in MELVILLE, Handle provides end-to-end property investment services, backed by data and experts.