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

13 Filmer Pl, Melville

$629,000

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Space & Opportunity

A great opportunity in Melville, this single-level 1970s home is positioned on a generous 691sqm freehold section, offering plenty of potential for prospective buyers. The home features three bedrooms, a family bathroom and separate toilet, with a practical layout designed for everyday ...

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House

Waikato 3206


29b Collins Rd, Melville

$825,000

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Beautifully Presented & Ready to Enjoy

Built in 2019, this beautifully presented home offers modern, easy-care living on a freehold 483m² section, with 163m² of single-level living. The spacious open-plan kitchen, dining and living area features quality stone benchtops, a raked ceiling and sliding doors opening to a enclosed ...

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House

Waikato 3206


1/20 Dowding St, Melville

$749,000

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Four Studios, One Smart Investment

Welcome to 1/20 Dowding Street; a purpose-built investment offering four fully self-contained studio units in a location where convenience and rental demand go hand in hand. Designed with easy living in mind, each furnished studio has its own private bathroom and kitchenette, giving ...

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Townhouse

Waikato 3206


8/18 Mahoe St, Melville

$749,000

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Smart & Stylish - Close to Hospital

Built in 2021, this freehold townhouse offers modern, low-maintenance living with plenty of space for professionals, families or investors. Tucked away at the end of the lane, it's well positioned for easy access to Hamilton's CBD, the Airport and Waikato Hospital, with everyday amenities all ...

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Townhouse

Waikato 3206


1/19 Dowding St, Melville

$589,000

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Close to Hospital

1/19 Dowding Street, Melville which is a well maintained townhouse offering comfortable, low-maintenance living in a highly convenient location, just moments from Waikato Hospital. As the first unit in the block, this home enjoys an appealing position with easy street access. Inside, ...

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Townhouse

Waikato 3206


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