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

35 Purcell Pl, Melville

$649,000

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Nest or Invest In Purcell

Purchase 35 Purcell Place and add your own personal touches to make it a dream first home or investment. This 3 bedroom, 1 bathroom property is ready for you to do up, invest or simply move in as-is. Equipped with a heat pump & insulated all around the home makes it healthy homes compliant. The ...

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House

Waikato 3206


5 Silkwood La, Melville

$480,000

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Your First Home Guarantee

Ideally located near Waikato and Braemar Hospitals, this three bedroom home offers exceptional convenience for healthcare professionals, first-home buyers, and savvy investors looking to step into the property market. With plenty of scope to enhance and add value, it's a fantastic opportunity to ...

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House

Waikato 3206


79 Pine Ave, Melville

$419,000

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Affordable AND 6% + Rental Return

Calling all investors, retirees, or first home buyers alike! This 2 bedroom, 1 bathroom property offers an affordable step onto the property ladder, as well as 6% + rental returns for those looking to build a savvy investment portfolio. Equipped with a recently upgraded bathroom, a heat ...

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House

Waikato 3206


1 Thornton Pl, Melville

$799,000

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Investment opportunity

This is great opportunity for first home buyers or investors to seize this property in a convenient location. Single elevated home with an open plan living area, dining and modern kitchen. Offering three bedrooms, bathroom, separate toilet and separate laundry. The home sits on 411 sqm of land ...

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House

Waikato 3206


27A Collins Rd, Melville

$549,000

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First Home Envy - Now selling!

In this sought after location, comfort is assured all year round in this double glazed, fully insulated home. With a heat pump for climate control, and a ventilation system that ensures fresh, healthy air throughout the home, your family can breathe easy. Two well-appointed bedrooms provide ...

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House

Waikato 3206


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