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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 $659,000 and this has changed 1.54% over the past year and changed -5.81% over 2 years.

The median rent in Melville for houses is $575 per week and the median rental yield is 4.54%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 89 days.The median listing price for units is $649,000 and this has changed 10.19% over the past year. The average unit takes 130 days to sell and the median rent for a unit in Melville is $420 per week, producing a rental yield of 3.37%.

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 $659,000 NA $649,000
Median price change - last quarter -0.08% NA 0.00%
Median price change - 1 year 1.54% 10.19% 10.19%
Median price change - 2 years -5.81% NA -1.67%
  House Townhouses Units
Median weekly rent $575 $590 $420
Median yield % 4.54% NA 3.37%
Median rent change - 1 year 4.55% 3.51% 7.69%
  House Units
Average days on market 89 130

Melville investment property listings

Showing 5 of 68 investment properties found in Melville on realestateinvestar.co.nz

53 Collins Rd, Melville

$699,000

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Brick, Freehold & Close To The Hospital

Positioned on a generous 629sqm freehold section, this solid 1970s brick home offers a fantastic opportunity for first-home buyers, families, investors, or those looking to add value in a sought-after Melville location. The 90sqm home features three bedrooms, one bathroom, and a single ...

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House

Waikato 3206


1/34 Beatty St, Melville

$225,000

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Price Reduced as Owner Commits to New Venture

Enjoy the convenience of city living with a designated car park or secure a smart investment where absolutely everything stays, right down to the teabags. Equally suited to owner-occupiers and investors alike, the property offers the flexibility to move in and enjoy yourself or secure a ...

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Unit

Waikato 3206


97B Pine Ave, Melville

$569,000

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Love Where You Live!

First home buyers be quick - as this one is a delight to inspect with its seamless flow over an approximate 90m2 of floor plan. Originally constructed in 1975 the brick exterior and tiled roof has stood the test of time. Our vendors are super motivated to move and have this two bedroom ...

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House

Waikato 3206


103 Pine Ave, Melville

$579,000

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Freehold & Hospital Location + Bonus Cabin!

Positioned in a sought-after hospital location, 103 Pine Avenue offers the perfect blend of comfort, practicality, and future potential. Set on a freehold section, with three bedrooms, a family bathroom, and a double garage, this home strikes the perfect balance between comfort and ...

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House

Waikato 3206


6 Corsair Pl, Melville

$759,000

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Big on Living Space and Garaging

Step inside and the scale of the open-plan living, dining, and kitchen area is immediately apparent. Whether you're dreaming of an oversized lounge suite, a dining table that seats 10, or simply room for the whole family to spread out, this space offers the flexibility to make it happen. ...

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House

Waikato 3206


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