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

29A Tawa St, Melville

$849,000

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Hospital Gem

It's not often you find a gem like this. Elevated with northerly aspect and easy walking distance to Waikato Hospital. Built in 2014, so double glazed, fully insulated and ready for its new owner to enjoy without issues. It offers a large well appointed open plan kitchen with island, which adjoins ...

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House

Waikato 3206


50 Catalina Dr, Melville

$785,000

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Sweet Home Catalina

Positioned in a quiet cul-de-sac within a good neighbourhood, this spacious three-bedroom brick home presents an outstanding lock-up-and-leave opportunity. Tidy and well maintained throughout, the home offers generous, north-facing living areas that are filled with natural light and ...

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House

Waikato 3206


3/120 Mahoe St, Melville

$679,000

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Easy Urban Lifestyle

Welcome to 3/120 Mahoe Street, a contemporary and thoughtfully designed townhouse tucked away down a private right of way in the popular Melville suburb. From the moment you step inside, the light filled open plan living space draws you in, seamlessly connecting to a private courtyard that invites ...

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Townhouse

Waikato 3206


13 Minifie Ave, Melville

$789,000

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Renovated | Family Home – Near Hospital...

Elevated, Renovated & Ready to Impress, 13 Minifie is proudly elevated on a quiet cul-de-sac, this beautifully renovated home blends original character with modern comfort and style. Offering privacy, sun-soaked living, and a highly functional layout, this is a property not to be missed. Set ...

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House

Waikato 3206


2/19 Dowding St, Melville

$599,000

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High-Demand! Walk To Hospital

This modern townhouse is seriously for sale and packed with value for first-home buyers and investors alike. Tucked away off the main road, in a well-maintained complex, this 2018-built residence offers an easy-care lifestyle with two generous bedrooms upstairs each with their own ...

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House

Waikato 3206


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