Mount Melville is a small locality in Western Australia within the Albany local government area (postcode 6330). The area has roughly 1,007 residents and a mature demographic, with a median age of 48. Households earn a median income of $76K per year, with an average household size of 2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.4% year-on-year at the LGA level. WA employment has moved +1.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
Mount Melville has a median house price of $750,000, which has jumped by 23% year-on-year. The current median weekly rent is $550. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,356.
Public transport access includes 6 bus stops.
From an investment perspective, Mount Melville shows a gross rental yield of approximately 3.8%, rated as moderate yield. Property prices are near the state median ($750K/$1.0M). The price-to-income ratio of 9.8x is considered moderate. House prices have moved +23.0% year-on-year. Population growth of +1.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.