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Investment Property West Melton, Canterbury

Suburb Snapshot

West Melton is a suburb in the Selwyn Region of Canterbury. West Melton has a population of 2,985 people and 10.29% of its occupants live in rental accommodation. The median listing price for houses is $1,099,000 and this has changed -4.43% over the past year and changed -1.71% over 2 years.

The median rent in West Melton for houses is $825 per week and the median rental yield is 3.90%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 87 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in West Melton is NA per week, producing a rental yield of NA.

Supply & Demand in West Melton, Selwyn

43,909

Population


19.87%

Rental population


536,953

Population


29.66%

Rental population


This is information is brought to you by realestateinvestar.co.nz - The online home for property investors

Statistical data for West Melton, Selwyn

  House Townhouses Units
Median listing price $1,099,000 NA NA
Median price change - last quarter -0.43% NA NA
Median price change - 1 year -4.43% NA NA
Median price change - 2 years -1.71% NA NA
  House Townhouses Units
Median weekly rent $825 NA NA
Median yield % 3.90% NA NA
Median rent change - 1 year 17.86% NA NA
  House Units
Average days on market 87 NA

West Melton investment property listings

Showing 5 of 42 investment properties found in West Melton on realestateinvestar.co.nz

5 Letelle Way, West Melton

$1,219,000

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Built To Follow The Sun

Designed to follow the sun from morning to evening, this 264sqm home is purpose built on an 836sqm section to capture light throughout the day. Morning sun pours into the kitchen, then moves through the open living spaces and out to the alfresco deck - a layout that brings warmth and ease to ...

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House

Canterbury 7618


78 Kingsdowne Dr, West Melton

$1,275,000

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Sun, space and scope

On offer here is a magical home that caters to every aspect of family living in a semi-rural location. This stunning, spacious four-bedroom home, built in 2020, sits thoughtfully on its spectacular 2358 sqm section within the idyllic enclave of Wilfield Estate. A light-filled entrance ...

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4

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House

Canterbury 7618


3 Letelle Way, West Melton

$1,195,000

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Comfort meet convenience

If you're after a quality new build with all the extras already done, 3 Letelle Way delivers. Freshly completed and ready for its first owner, this thoughtfully designed 250m² home sits on a generous section in the sought after Wilfield subdivision. Step inside and you'll find four spacious ...

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4

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House

Canterbury 7618


5 Simms La, West Melton

$1,200,000

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Modernised Home In The Heart Of West Melton

Having poured countless hours and significant investment into transforming this home, the current owners are now reluctantly saying goodbye due to a job transfer. Their hard work is your gain—this beautifully renovated property is ready for its next chapter, offering a perfect blend of comfort, ...

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4

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2

House

Canterbury 7618


DP609617 Wilfield Rise, West Melton

$888,000

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THE BACH 155M2 / SECTION 686M2

Welcome to Hedgley, an unparalleled home-building experience, where transparency meets excellence. • No surprises! Our set-priced contract covers all build consents with no hidden costs • Work with our draftsperson to customize any aspect of the design • Rest easy with a ...

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3

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2

House

Canterbury 7618


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