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

3/28 Beatty St, Melville

$799,000

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Yield Yield Yield!

INVESTORS - if you're looking for your next investment, and are searching for a strong yield, this will be for you. Built by Assured property, this is configured for an investor and cashflow. The property offers four bedrooms, each with its own ensuite and kitchenette, enabling a ...

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Townhouse

Waikato 3206


76A Kahikatea Dr, Melville

$525,000

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Location, Location, Motivation

Positioned for convenience, this property is just moments from Waikato Hospital, a short stroll to Innes Common, and enjoys an outlook over Gower Park - a fantastic setting for those who value green space and accessibility. Welcome to 76A Kahikatea Drive - a well-presented and inviting ...

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House

Waikato 3206


9 Harvard Ct, Melville

$659,000

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Freehold. Affordable. Unmissable

Freehold, and boasting large bedrooms this is one that the savvy buyer must see. Inside offers an open plan living with modern finishes throughout and recently upgraded bathroom. Here is the perfect entry level home within the highly sought-after hospital location. From the sunny deck you will ...

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House

Waikato 3206


123 Mahoe St, Melville

$769,000

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Two lounges| Big Garden| Lifestyle Near Hospital

Step into this sun-drenched and spacious family home, freshly refreshed with new flooring, carpets, and painting on both levels. Gas central heating keeps every room warm in winter, while exceptional all-day sun fills the home with natural light year-round. Designed for growing families or shared ...

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House

Waikato 3206


97B Pine Ave, Melville

$569,000

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Walking distance to Waikaito Hospital

Thoughtfully renovated, this solid brick 2-bedroom home with an attached single-car garage blending classic charm with modern upgrades. Step inside to a spacious lounge featuring fresh carpet and stylish new flooring - a warm and inviting space to relax and unwind. The modern ...

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House

Waikato 3206


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