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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 71 investment properties found in Melville on realestateinvestar.co.nz

11 Amber La, Melville

$549,000

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HOSPITAL, HOSPITAL

Looking to get onto the property ladder or add another rental to your portfolio? 11 Amber Lane is well worth a look! With its brick construction, well-maintained interior and practical layout, this is a property that offers plenty to work with. The location is another big ...

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House

Waikato 3206


10 Harvard Ct, Melville

$729,000

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Your next move starts here

Welcome to 10 Harvard Court, Melville, freshly painted, freehold, and brick, with Waikato Hospital close by. * 433m² freehold section * Freshly painted * Three double bedrooms and a family bathroom * Open-plan living and dining with a practical kitchen * Heat pump ...

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House

Waikato 3206


6 Prisk St, Melville

$779,000

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Large Family Home | Huge 973sqm Section

Welcome to 6 Prisk Street, Melville – a substantial family home offering approximately 190sqm of living on an impressive 973sqm (more or less) section. Positioned down a private driveway and designed to make the most of the sun, this property delivers an exceptional amount of space both inside and ...

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House

Waikato 3206


38 Corrin St, Melville

$719,000

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Warm Inside, Room Outside

On an approximately 675sqm section in Melville, this three-bedroom, two-bathroom home pairs a long, fully fenced backyard with an interior that's been updated to be warm and easy to live in. The kitchen and dining area sits at the centre of the home, with an open shelving divider that ...

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House

Waikato 3206


2/11 Beatty St, Melville

$629,000

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Space, Style & Convenience In A Superb Location

Enjoy the best of easy living in a location that puts everything within easy reach. Hamilton CBD, Waikato Hospital, local cafés, restaurants and scenic lake walks are all just a five-minute drive away, making this an appealing choice for those who value both lifestyle and convenience. ...

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Townhouse

Waikato 3206


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