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Asking Price
$1,550,000
On 5,093 properties that later sold, blending providers in narrowed typical error from 6.68% to 5.66%, and lifted the share landing within 10% of the sale price from 66.9% to 73.3%.
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Property overview
This 4-bedroom apartment at 17A Woodley Crescent in Melville, WA 6156 is listed at $1.6M, with 2 bathrooms and parking for 4. It offers 187 m2 of internal living space. The apartment was built in 2006. Melville sits about 11 km from the CBD, where the median unit price is $835K. Council data shows no flood or bushfire overlay on the site. There are 47 schools within roughly 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 $1,550,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
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Melville at a glance
Unit market signals | WA 6156
Median
$835K
Market signals
To CBD
11 km
Est. Valuation
$1,551,490
Potential Sell Price
Est. Rent/wk
$980
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
Planning Overlays
No Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
Total Cost to Purchase
- Purchase Price
- $1,550,000
- Stamp Duty (Western Australia)
- $70,940
- Transfer/Registration Fee
- $400
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $1,624,040
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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