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

1/19 Dowding St, Melville

$593,000

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Close to Hospital

1/19 Dowding Street, Melville which is a well maintained townhouse offering comfortable, low-maintenance living in a highly convenient location, just moments from Waikato Hospital. As the first unit in the block, this home enjoys an appealing position with easy street access. Inside, ...

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Townhouse

Waikato 3206


30 Catalina Dr, Melville

$789,000

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Sweet Home Catalina

While the garage makes the first impression from the road, step inside and you'll find a lovely family home offering privacy, comfort and easy living, with private spaces for entertaining conveniently positioned alongside the living and sleeping zones. Solidly constructed in brick and ...

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House

Waikato 3206


30 Minifie Ave, Melville

$769,000

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Renovated Brick Home | Huge 995sqm Section

Welcome to 30 Minifie Avenue, Melville – an extensively renovated brick home offering modern comfort, a huge backyard, and an impressive 995sqm (more or less) section. Fully fenced and ready to enjoy, this property brings together updated interiors, excellent outdoor space, and detached double ...

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House

Waikato 3206


6 Stewart Pl, Melville

$775,000

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A Great Start, Ready for Your Touch

Step back in time with this charming 1960s brick home - a solid opportunity to add your own style and make it truly yours. Set on a freehold 663sqm more or less section, the home offers 3 good-sized bedrooms, a family bathroom, a sunny and spacious living room opening to the front ...

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House

Waikato 3206


6/5 Jones Cres, Melville

$499,000

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Great value townhouse. Walk to work.

Positioned within a tidy, well-maintained complex, Jones Crescent offers an appealing blend of comfort, convenience and low-maintenance living. Whether you're stepping onto the property ladder, downsizing, or adding to your investment portfolio, this well-presented two-bedroom home is a smart ...

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Unit

Waikato 3206


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