22/01/2026
Coming Soon | A Rare Landholding in the Heart of Melville
I’m excited to share a coming soon opportunity at 42 Redwood Crescent, Melville, a tightly held pocket where families don’t just buy, they settle in for decades.
Set on a generous landholding of 973sqm, this property is zoned R20, opening up a range of future possibilities while remaining incredibly liveable today. Blocks of this scale are becoming increasingly scarce in Melville, particularly in established streets surrounded by long-term owner-occupiers.
What makes this even more compelling is the suburb itself. According to REIWA’s Top Performing Suburbs of 2025 report, Melville ranked among Perth’s top-performing suburbs for house price growth, recording 26.0% annual growth and a median house price of $1,525,000, with homes selling in a median of just 11 days.
That combination of growth and demand reflects what locals already know, Melville continues to be one of Perth’s most resilient and sought-after riverside communities.
Lifestyle plays a big role here too. Redwood Crescent sits close to the Swan River foreshore, local parks, schools, cafés and community clubs, including the popular Melville Water Polo Club and riverside walking trails, reinforcing why demand consistently outpaces supply in this suburb.
If you’ve been waiting for a substantial block in a proven location, this is one worth paying attention to. More details will be shared shortly.
If Melville is on your radar, feel free to reach out, I’d love to talk you through what makes this opportunity stand out.
—
Kyle Spyrides
Sales Consultant | Bourkes Real Estate
Perth’s property market saw significant growth again in 2025, with median sale prices for houses and units at record highs at the end of the year.
