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

38 Corrin St, Melville

$719,000

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Warm Inside, Room Outside

On an approximately 675sqm section in Melville, this three-bedroom, two-bathroom home pairs a long, fully fenced backyard with an interior that's been updated to be warm and easy to live in. The kitchen and dining area sits at the centre of the home, with an open shelving divider that ...

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House

Waikato 3206


2/11 Beatty St, Melville

$629,000

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Space, Style & Convenience In A Superb Location

Enjoy the best of easy living in a location that puts everything within easy reach. Hamilton CBD, Waikato Hospital, local cafés, restaurants and scenic lake walks are all just a five-minute drive away, making this an appealing choice for those who value both lifestyle and convenience. ...

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Townhouse

Waikato 3206


83A Ohaupo Rd, Melville

$519,000

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Classic Brick, Clever Buying!

Built in the 1980s, this brick home offers a fantastic blend of comfort, practicality and potential. Bright, welcoming and easy to enjoy, it's a wonderful opportunity for buyers looking for a home that combines everyday convenience with easy-care living. Inside, you'll find two ...

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House

Waikato 3206


2/30 Beatty St, Melville

$759,000

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Freehold Investment

! The property is a modern, low-maintenance four-bedroom, four-bathroom townhouse constructed by Assured Property. It is built with Brick and Linea weatherboard cladding, features double glazing, and is fully Healthy Homes compliant. •The Layout: It operates as a multi-room ...

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Townhouse

Waikato 3206


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


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