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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

2/5 Jones Cres, Melville

$530,000

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A Tidy Unit in a Well-Connected Pocket

Behind timber gates, this neatly presented 69sqm unit delivers a practical option in Melville. With two bedrooms, a functional single-level layout and a sense of separation from the street, it suits first-home buyers, downsizers or investors seeking a low-fuss property in a reliable location. ...

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Unit

Waikato 3206


4 Mount View Rd, Melville

$649,000

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Convenience on Your Doorstep!

This beautifully presented home at 4 Mount View Road combines thoughtful modern updates with classic, functional design - a residence that lives as well as it looks. Nestled in Melville, this property is just a short stroll from Waikato Hospital, the central city and key transport links - putting ...

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House

Waikato 3206


7 Anthony Cres, Melville

$669,000

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4 Car Garaging With Home

Welcome to 7 Anthony Crescent - just minutes to Waikato Hospital Featuring a 3-bedroom brick, super tidy, super cute home, with the biggest of garages you could hope for - yes 4 cars. Set on a 961m2 section with gully backdrop. There's loads of sky, so you don't feel closed ...

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House

Waikato 3206


16 Thornton Pl, Melville

$799,000

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Vendor Wants To See An Offer, Renovated Big Living

Located in a spacious private cul-de-sac, this beautifully renovated family home stands proudly on a generous 682 sqm freehold section. The residence features four bedrooms and a large lounge, complete with a brand-new kitchen and a heat pump, ensuring year-round comfort in a warm and functional ...

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Waikato 3206


80 Mahoe St, Melville

$799,000

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Unexpected Charmer In Hospital Location

Tucked away at the top of a long driveway, you'll discover a home with soul, space & privacy. Built in the 1920s, offering a rare blend of charm & practicality - all within close proximity to the Waikato hospital. There are flexible living options with four bedrooms, two separate living areas, an ...

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Waikato 3206


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