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This property has been sold for $2,895,000 on 7 July 2026
92 days on market
Market context at sale
Listing journey
EssentialsThis property went through a full listing campaign over 92 days on market. See what it first asked, every reduction along the way, and what it finally sold for.
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Property overview
This 5-bedroom house at 5 Freeman Street in Melville, WA 6156 sold for $2.9M in July 2026, with 3 bathrooms and parking for 4. It offers a 1,012 m2 block and 607 m2 of internal living space. The house was built in 1963. Melville sits about 11 km from the CBD, where the median house price is $1.6M. 47 schools sit within about 5km, and the area scores 60 for walkability and 10 for transit out of 100.
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $3,000,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
Listed
Updated
Days on market
92
Investment Score
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Melville at a glance
House market signals | WA 6156
Median
$1.6M
Market signals
To CBD
11 km
Est. Valuation
$2,602,696
Potential Sell Price
Est. Rent/wk
$1,256
Potential Gross Yield
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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
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Key Highlights
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
Total Cost to Purchase
- Purchase Price
- $3,000,000
- Stamp Duty (Western Australia)
- $145,615
- Transfer/Registration Fee
- $400
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $3,148,715
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Listed
- Last Updated
- Postcode
- 6156
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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