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Investment Property Melrose, Wellington

Suburb Snapshot

Melrose is a suburb in the Wellington Region of Wellington. Melrose has a population of 1,398 people and 32.43% of its occupants live in rental accommodation. The median listing price for houses is $925,000 and this has changed -2.12% over the past year and changed -13.70% over 2 years.

The median rent in Melrose for houses is $750 per week and the median rental yield is 4.22%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 67 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Melrose is $490 per week, producing a rental yield of NA.

Supply & Demand in Melrose, Wellington

188,175

Population


38.03%

Rental population


467,926

Population


32.69%

Rental population


This is information is brought to you by realestateinvestar.co.nz - The online home for property investors

Statistical data for Melrose, Wellington

  House Townhouses Units
Median listing price $925,000 NA NA
Median price change - last quarter -1.06% NA NA
Median price change - 1 year -2.12% NA NA
Median price change - 2 years -13.70% NA NA
  House Townhouses Units
Median weekly rent $750 NA $490
Median yield % 4.22% NA NA
Median rent change - 1 year 0.00% NA 8.89%
  House Units
Average days on market 67 NA

Melrose investment property listings

Showing 4 of 4 investment properties found in Melrose on realestateinvestar.co.nz

17 Hornsey Rd, Melrose

$1,295,000

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MESMERISING VIEWS HOME AND INCOME

If you want to feel on holiday when coming back home, this place is for you. The sea views are as amazing as the versatility that makes this three-bedroom home with the bonus of a one-bedroom flat below so adaptable for any lifestyle. You could rent the flat out to help pay the mortgage, use it as ...

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Wellington 6023


120 Sutherland Rd, Melrose

$925,000

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Warm, Sunny, City Oasis

Now BEO $925,000 - Don't miss this one of a kind warm and dry four bedroom, two bathroom home on the cusp of Lyall Bay and Melrose. With amazing space and 1920's character, plus sun, views and lovely garden oasis - this home was built with love to last. The vendors are motivated to sell due to ...

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House

Wellington 6023


9 Melrose Cres, Melrose

$0

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SUPER STARTER | BEO $745,000

This is a standout opportunity for buyers looking to enter the market in a desirable location. Offering easy-care features and situated on the city fringe, this home is sure to be at the top of your list. What you will find: - Three comfortable double bedrooms. - Main ...

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House

Wellington 6023


10 Sutherland Cres, Melrose

$0

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Hear The Lions Roar

If you're looking for a haven in the city then look no further. Elevated and basking in sun is this pocket of paradise. Boasting a magnificent 667sqm of land, complete with deck areas, rolling lawns and fruit trees - the quiet broken only by the lions' roar from the Zoo nearby. Situated in this ...

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Wellington 6023


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