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Back 5/23 Money Road
Off Market

5/23 Money Road

Melville WA 6156

2
1
1
78 m²
78 m²
Unit
Last sold for $765,000
Kim TurnerKim Turner, last sold this property on 20 October 2025 after 20 days on market.

Overview

Live or Invest In The City Of Melville

This neat and well-presented 2-bedroom, 1-bathroom unit is perfect for first-home buyers, downsizers, or investors looking for a solid rental opportunity. Located in the heart of Melville, the property offers a functional living space of 78m² with an easy-to-maintain layout. Both bedrooms feature built-in robes, the kitchen is practical and well-equipped, and the open-plan living area flows comfortably for everyday living. Conveniently positioned close to local shops, cafes, and public transport, the unit provides easy access to Melville's amenities while remaining in a quiet and secure complex. With one car space included, this property combines comfort, convenience, and low-maintenance living. Investors will appreciate the strong rental potential in this sought-after area, while first-home buyers or small households will enjoy a move-in-ready home in a central location. 5/23 Money Road is a smart choice for anyone looking to secure a compact, practical property in Melville. Key Features: • 2 bedrooms with built-in robes • 1 bathroom • Open-plan living and dining area • Functional kitchen with ample storage • Private outdoor courtyard/sitting space • 1 allocated car space • Low-maintenance, secure complex • Low strata fees approx $863 per quarter Location Highlights: • Within walking distance to local shops, cafes, and restaurants • Close to reputable schools including Melville Primary School • Easy access to public transport, including bus routes and nearby train stations • Short drive to Stockland Bull Creek Shopping Centre and other Melville amenities • Convenient access to major roads, connecting to Fremantle, Perth CBD, and surrounding areas Whether you're an investor looking for strong rental potential or a small household seeking a move-in-ready home in a central location, this unit offers comfort, convenience, and a low-maintenance lifestyle in the heart of Melville.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
78 m² floor area
78 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Melville over the last 12 months, the estimated median property value of 5/23 Money Road is $765k.

Median value
$765k
Estimated value range
$610k - $860k
Median days on market
12
Estimated value trend
50%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Melville. 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 5/23 Money Road

2025
Sold
$765,000
20 Oct 2025 by Kim Turner, of Turner Estate Agents

Happy sellers in Melville

92%
92% of sellers in Melville reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 25 reviews in Melville over the last 12 months.

Local market activity for 2 bedroom units in Melville

In the last 12 months, 3 two-bedroom units similar to 5/23 Money Road, have been sold.

This represents a 300% decrease in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Melville

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Michael Jennings

Sellers who recommend Michael Jennings have praised them for being local expert, clear communication, honest, supportive, friendly, responsive and stress-free process

  •   4.9   (316 reviews)
  •  10 Reviews in Melville
  •  16 Sales in Melville
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Michael Forzatti

Sellers who recommend Michael Forzatti have praised them for being local expert, clear communication, responsive, friendly, reliable, supportive and well-prepared

  •   4.9   (501 reviews)
  •  6 Reviews in Melville
  •  5 Sales in Melville
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James Priestly

Sellers who recommend James Priestly have praised them for being local expert, clear communication, strategic, great negotiation, supportive, honest and hard-working

  •   5   (98 reviews)
  •  2 Reviews in Melville
  •  2 Sales in Melville
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Kyle Spyrides

Kyle Spyrides is a recommended agent for Melville.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   5   (8 reviews)
  •  2 Reviews in Melville
  •  1 Sale in Melville
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