West Melton Property Market And House Prices

Suburb of Selwyn District

Ed McKnight

Author: Ed McKnight

Our Resident Economist, with a GradDipEcon and over five years at Opes Partners, is a trusted contributor to NZ Property Investor, Informed Investor, Stuff, Business Desk, and OneRoof.

Last Updated:

Key house price data for West Melton, Selwyn District

Average House Value

0.0%
$1,197,800

Average Rent

$650

Estimated Yield

2.8%

Long Term Capital Growth

Not enough data available

Ed's Insights

West Melton is a suburb in Selwyn District.

4,719 people currently live in West Melton. 5.2% of these people rent.

The average house value in West Melton is $1,197,800.

That’s down 7.8% from from 2 years ago.

The median rent in West Melton is $650.

Market Insight - Median House Price Trend

Sales Data

Average House Value

0.0%
$1,197,800

Median Days to Sell

39

Properties listed for sale in the last month

12

Properties sold in the last 12 months

94

Insights

The average house value in West Melton is $1,197,800.

On average it takes 39 days to sell a house.

All up 94 properties were sold in West Melton over the last year, and 12 properties were listed for sale in the last month.

Rental Data

Median Rent

$650

Rental properties listed last year

Not enough data available

Rental properties listed last month

Not enough data available

Median days to rent

Not enough data available

Insights

There is no rental data available for West Melton at this time. We are working hard to get this data. We hopefully will have some shortly.

Demographic Info

What do tenants in West Melton want?

The most popular number of bedrooms a tenant rents in West Melton is 4 bedrooms.

32.4% of tenants in the suburb rent properties with 4 bedrooms.

The most popular number of cars in West Melton is 2 cars.

46.4% of residents in the suburb own 2 cars.

How many Bedrooms do renters have in West Melton?

How many Cars do renters have in West Melton?