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

6/5 Jones Cres, Melville

$499,000

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Great value townhouse. Walk to work.

Positioned within a tidy, well-maintained complex, Jones Crescent offers an appealing blend of comfort, convenience and low-maintenance living. Whether you're stepping onto the property ladder, downsizing, or adding to your investment portfolio, this well-presented two-bedroom home is a smart ...

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Waikato 3206


16B Dowding St, Melville

$469,000

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Your First Home or Smart Investment?

Welcome to your future first home or savvy investment opportunity, perfectly positioned just a short walk from Waikato Hospital. Offering easy, low-maintenance living, this two-bedroom home is an ideal choice for first-home buyers, downsizers, and is also great for an investor, with the ...

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Waikato 3206


90A Ohaupo Rd, Melville

$649,000

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Brick, Freehold & Hospital Handy

Tucked privately away from the road, 90A Ohaupo Road is one of those homes that proves you don't have to compromise on privacy, comfort or convenience to enjoy easy-care city living. Positioned at the end of the driveway and wrapped in the timeless appeal of brick, this modern ...

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House

Waikato 3206


3/30 Beatty St, Melville

$799,000

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Freehold Hospital Zone - 7.4% yield

Passive freehold managed investment If you're seeking a strong-performing, low-maintenance investment, this opportunity is one not to be missed. Available now at 3/30 Beatty Street, Hamilton, is a modern four-bedroom, four-bathroom townhouse, ideally positioned within walking distance ...

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Waikato 3206


61 Ohaupo Rd, Melville

$735,000

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Renovated | Double Glazed | Near Waikato Hospital

Welcome to 61 Ohaupo Road, Melville – a beautifully renovated character home where timeless charm meets modern convenience. Thoughtfully updated inside and out while retaining its original appeal, this home is ready for you to simply move in and enjoy. Perfect for first-home buyers, ...

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House

Waikato 3206


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