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

3/30 Beatty St, Melville

$849,000

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Passive freehold managed investment

If you're seeking a strong-performing, low-maintenance investment, this opportunity is one not to be missed. Available now at 3/30 Beatty Street, Hamilton, is a modern four-bedroom, four-bathroom townhouse, ideally positioned within walking distance to Waikato Hospital and Hamilton Lake, with easy ...

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Waikato 3206


80 Kahikatea Dr, Melville

$529,000

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Exceptional Value!

Welcome to your new family haven! This beautifully maintained 3-bedroom home combines warmth, functionality, and modern comfort. Property Highlights Spacious Living: Enjoy the open-plan lounge and dining area - perfect for family gatherings and entertaining. A cozy closed fire ...

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House

Waikato 3206


76B Ohaupo Rd, Melville

$585,000

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Vendor On The Move!

Situated just minutes away from the Waikato Hospital, Hamilton Lake and the CBD, is this largely original 1980's 3-bedroom, 1-bathroom family home. Lovingly cared for and maintained by the same owner since 2009, 76b Ohaupo Road is your step onto the property ladder. Tucked down a ...

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House

Waikato 3206


31 Mahoe St, Melville

$599,000

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Ideal Opportunity - Excellent Potential

Privately positioned down a quiet driveway, this home features three bedrooms, a family bathroom, separate living, and an open-plan kitchen and dining area flowing effortlessly to a large deck - perfect for entertaining or relaxing. Modern comforts include a heat pump, HRV system, and ...

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House

Waikato 3206


1-3/76 Tawa St, Melville

$1,150,000

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Hospital Multi Unit Investment

Whether you're after cashflow, add value, or a strategic landbank near one of Hamilton's biggest employers, this is a unique opportunity that ticks the boxes. The long time investor owner is divesting to pursue a project in another region. Each dwelling offers scope to ...

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House

Waikato 3206


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