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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 1.38% over the past year and changed -4.27% 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 90 days.The median listing price for units is $649,000 and this has changed 13.96% over the past year. The average unit takes 194 days to sell and the median rent for a unit in Melville is $415 per week, producing a rental yield of 3.33%.

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 1.38% 13.96% 13.96%
Median price change - 2 years -4.27% NA -4.92%
  House Townhouses Units
Median weekly rent $575 $590 $415
Median yield % 4.54% NA 3.33%
Median rent change - 1 year 4.55% 3.51% 9.21%
  House Units
Average days on market 90 194

Melville investment property listings

Showing 5 of 57 investment properties found in Melville on realestateinvestar.co.nz

5/120 Mahoe St, Melville

$699,000

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Delightful Townhouse Living

Discover the perfect blend of modern living, comfort, and convenience in this beautifully presented 3-bedroom townhouse. Set on a low-maintenance section, this home offers an effortless lifestyle. This free-flowing setup blends the kitchen, dining, and living areas, making it perfect ...

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Townhouse

Waikato 3206


74A Kahikatea Dr, Melville

$529,000

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Start Your Future Here

Welcome to an excellent opportunity as an entry-level or investment property. The layout presents two genuine-size bedrooms downstairs, serviced by a family bathroom, a master upstairs giving you a space of separateness. The neutral interior, crowned by high-beam ceilings, gives ...

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House

Waikato 3206


3C Beatty St, Melville

$555,000

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Beaut Beatty!

Discover your new home in this fantastic two-bedroom unit, perfectly suited for first home buyers or investors. This low-maintenance, 92m2, brick property offers a wonderful opportunity for comfortable living. The two spacious bedrooms are inviting and provide ample room for relaxation ...

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House

Waikato 3206


77 Normandy Ave, Melville

$890,000

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How Is This For Development?

If you are currently on the lookout for a future development opportunity, then this may be worth your consideration. With close proximity to the Waikato Hospital, it will, in future, be popular with tenants or owner-occupiers who work at the Hospital Campus. With a size of ...

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House

Waikato 3206


5 Amber La, Melville

$559,000

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Opportunity Near The Hospital

Set down a private lane, this stand alone brick two-beddie home, is an excellent option for those looking for an easy lock and leave with low maintenance. It comes to market well-presented and freshly painted throughout with a newly renovated bathroom plus new curtains are being ...

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House

Waikato 3206


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