Back 10 Melvin Avenue
Off Market

10 Melvin Avenue

Thornlie WA 6108

4
2
857 m²
House
Rashi TewaniRashi Tewani, last sold this property on 06 March 2026 after 35 days on market.

Overview

Positioned in a highly convenient and well established pocket of Thornlie, 10 Melvin Avenue presents a rare and compelling opportunity for savvy investors and developers alike. Set on a generous 857sqm block with R40 zoning, this property offers the perfect blend of immediate strong rental returns and exciting future development potential (STCA). Location further elevates the appeal: Close to Thornlie Square Shopping Centre and few minutes walk to Thornlie Train Station, offering excellent connectivity and access to local amenities, schools, public transport, and major arterial roads. With ongoing infrastructure improvements and sustained demand in the area, this is a strategic investment in a suburb on the move. The true value lies in the R40 zoning, opening the door to redevelopment into potential three well-sized dwellings (STCA). This makes it an ideal land-banking opportunity for investors looking to capitalise on future growth while enjoying strong holding income in the meantime. The existing setup

Features

4 bedrooms
2 bathrooms
857 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Thornlie over the last 12 months, the estimated median property value of 10 Melvin Avenue is $892.25k.

Median value
$892.25k
Estimated value range
$530k - $1.39m
Median days on market
22
Estimated value trend
19%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Thornlie. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 10 Melvin Avenue

2026
Sold
Undisclosed
06 Mar 2026 by Rashi Tewani, of Harcourts Prestige
2023
Sold
$440,000
Private Sale/Treaty on 13 Apr 2023 by John Rechichi, of LJ Hooker Thornlie | Canning Vale

Happy sellers in Thornlie

90%
90% of sellers in Thornlie reported that their sale price either exceeded or met their price expectations.

Thornlie stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 132 reviews in Thornlie over the last 12 months.

Local market activity for 4 bedroom houses in Thornlie

In the last 12 months, 141 four-bedroom houses similar to 10 Melvin Avenue, have been sold.

This represents a 19% increase in four-bedroom houses sales when compared to the previous 12 months.

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