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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

4 Windleborn La, Melville

$509,000

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Refurbished And Ready To Go

*Photos are virtually staged Welcome to 4 Windleborn Lane-a beautifully presented three-bedroom home offering convenience, comfort, and exceptional outdoor connections. From the moment you arrive, you'll notice the freshly painted exterior, giving the home a crisp, modern ...

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House

Waikato 3206


14E Dowding St, Melville

$425,000

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Prime Location Living

Welcome to this tidy and well-presented two-bedroom unit, offering low-maintenance living in an incredibly convenient location. The open kitchen and dining area flows easily into the comfortable living space, creating a warm and practical layout ideal for everyday living. Both bedrooms are well ...

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Unit

Waikato 3206


1/81 Normandy Ave, Melville

$609,000

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8.7% Gross Return

If you're looking for a high-yielding investment or a house to live in with flatmates to give you additional passive cash flow then you must consider this unique property. The property consists of a communal living and dining area, and four studio apartments, each with their own ...

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House

Waikato 3206


1 Heather Pl, Melville

$1,099,000

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DEVELOPER CASHING OUT!

Our vendor is needing to move on to the next project ASAP Discover your ideal family sanctuary at 1 Heather Place, Melville. Set on a generous 494sqm site - this beautifully maintained residence offers the perfect blend of modern convenience and comfortable living. Featuring four well ...

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House

Waikato 3206


5 Amber La, Melville

$559,000

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Must Sell - Be In For Christmas

Set down a quiet private lane, this standalone brick two-bedroom home is the perfect choice for anyone seeking an easy, low-maintenance lock-and-leave lifestyle. Beautifully presented, the home has been freshly painted throughout and features a newly renovated kitchen & bathroom, with ...

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House

Waikato 3206


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