What is the current median house price in MELVILLE, NSW?
The median house price in MELVILLE, NSW 2320 is $680,000 as of 2026. Prices have declined by 4.9% over the past 12 months.
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Core Market Intelligence — May 2026
The median house price in MELVILLE, NSW 2320 is $680,000 as of 2026. Prices have declined by 4.9% over the past 12 months.
MELVILLE presents a mixed investment picture that requires careful analysis. Key indicators include a rental yield of 4.7%. Investors should consider their strategy (capital growth vs yield) and conduct due diligence on local market conditions before making decisions.
The gross rental yield in MELVILLE, NSW 2320 is approximately 4.7%, with a median weekly rent of $610. This is a moderate yield typical for established suburban areas.
MELVILLE, NSW 2320 has a population of 3,155 with a median age of 42. The median household income is $3,316. 65% of residents are owner-occupiers.