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Investment Property Melville, Waikato

Suburb Snapshot

Melville is a suburb in the Hamilton Region of Waikato. Melville has a population of 5,441 people and 51.23% of its occupants live in rental accommodation. The median listing price for houses is $649,000 and this has changed -5.81% over the past year and changed -8.01% over 2 years.

The median rent in Melville for houses is $550 per week and the median rental yield is 4.41%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 99 days.The median listing price for units is $589,000 and this has changed -1.67% over the past year. The average unit takes 103 days to sell and the median rent for a unit in Melville is $390 per week, producing a rental yield of 3.44%.

Supply & Demand in Melville, Hamilton

142,236

Population


39.64%

Rental population


382,735

Population


34.37%

Rental population


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

Statistical data for Melville, Hamilton

  House Townhouses Units
Median listing price $649,000 $645,000 $589,000
Median price change - last quarter -4.42% NA 25.86%
Median price change - 1 year -5.81% -1.67% -1.67%
Median price change - 2 years -8.01% NA 3.45%
  House Townhouses Units
Median weekly rent $550 $570 $390
Median yield % 4.41% 4.60% 3.44%
Median rent change - 1 year 5.77% 7.55% 11.43%
  House Units
Average days on market 99 103

Melville investment property listings

Showing 5 of 33 investment properties found in Melville on realestateinvestar.co.nz

10/18 Mahoe St, Melville

$789,000

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MAGIC ON MAHOE

We are delighted to bring this contemporary two-level townhouse, meticulously designed, and built in 2021, and on its own freehold title, to the market. Our current owners are on the move however they have loved all it has on offer and know the next owners will be proud to call it Home. Step into ...

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Waikato 3206


3/19 Dowding St, Melville

$619,000

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Easy Living

Brilliantly located close to Waikato Hospital, this freehold townhouse offers outstanding convenience and a fabulous lock-up-and leave lifestyle. There is no need to grapple with traffic or parking as the Dowding Street cul-de-sac is on the fringe of the hospital grounds and walking to work ...

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House

Waikato 3206


38 Corrin St, Melville

$619,000

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Hospital Location, Great Buying

Step into this cozy two bedroom home that's full of character and charm. With sunny vibes and a welcoming feel, you'll love it from the moment you walk in. Adorned with ornate cornices & ceiling finishes and original timber floors, this residence boasts a distinctive character that invites ...

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House

Waikato 3206


87A Ohaupo Rd, Melville

$379,000

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HOSPITAL LOCATION

Don't miss out on this fantastic opportunity to own a charming two bedroom, one bathroom unit located at 87A Ohaupo Road in the sought-after suburb of Melville. This property features a carport space for convenient parking and is perfect for first home buyers, downsizers, or investors. ...

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Unit

Waikato 3206


65 Deanwell Ave, Melville

$759,000

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Big Family? No Problem!

Proudly positioned on a corner section there is plenty to see within this large family home. Consisting of 5 bedrooms over multiple levels, there's so much space for all. The Master bedroom is tucked away from the kids, which is perfect for privacy, and the living quarters boasts easy flow into ...

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House

Waikato 3206


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