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Investment Property Newlands, Wellington

Suburb Snapshot

Newlands is a suburb in the Wellington Region of Wellington. Newlands has a population of 7,191 people and 30.91% of its occupants live in rental accommodation. The median listing price for houses is $795,000 and this has changed -11.57% over the past year and changed -5.32% over 2 years.

The median rent in Newlands for houses is $700 per week and the median rental yield is 4.58%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 43 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 Newlands is $530 per week, producing a rental yield of NA.

Supply & Demand in Newlands, Wellington

188,175

Population


38.03%

Rental population


467,926

Population


32.69%

Rental population


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

Statistical data for Newlands, Wellington

  House Townhouses Units
Median listing price $795,000 NA NA
Median price change - last quarter -2.20% NA NA
Median price change - 1 year -11.57% NA NA
Median price change - 2 years -5.32% NA NA
  House Townhouses Units
Median weekly rent $700 $675 $530
Median yield % 4.58% NA NA
Median rent change - 1 year 2.94% 0.00% 1.92%
  House Units
Average days on market 43 NA

Newlands investment property listings

Showing 5 of 28 investment properties found in Newlands on realestateinvestar.co.nz

64 Glanmire Rd, Newlands

$775,000

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ENJOYED SINCE 1996 - NOW IT'S YOUR TURN

Owned for nearly 30 years by the current vendor, 64 Glanmire Road is ready for a new owner! With a massive 1066sqm section which can be developed to suit your needs, I know you will love it! Set on Newlands lower slopes close to local shops and Motorway access, this elevated property offers plenty ...

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Wellington 6037


24 Grumman La, Newlands

$1,495,000

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Brand new, views, sun on a 28,789sqm site!

24 Grumman Lane offers a rare opportunity for a brand new home. With drive on access, this single living home is on a huge 28,789 square metre section overlooking the stunning Wellington Harbour and Western hills. This home is designed with both elegance and functionality in mind, boasting four ...

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Wellington 6037


27A Kingsbridge Pl, Newlands

$595,000

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Super Sunny Starter

Discover the epitome of convenient living in this enviable home, strategically situated near schools and an array of amenities. This spacious residence offers an exceptional opportunity to establish yourself in a prime location near the city. Features: * Open plan living, ...

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House

Wellington 6037


139 Newlands Rd, Newlands

$880,000

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Welcome to Your Dream Home and Income!

Introducing a beautifully renovated property nestled in the vibrant heart of Newlands. This isn't just a home; it's an income-generating haven strategically designed to support you through life's financial demands. Imagine owning a property where your mortgage payments are eased by the rental ...

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Wellington 6037


20 Lyndfield La, Newlands

$875,000

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Sun, Space and Solid? YIP!

This sunny, spacious and solid inviting family home sounds like a dream come true! With its three bedrooms plus rumpus or four bedrooms and two bathrooms, it offers plenty of room for everyone to live comfortably. The renovated kitchen, seamlessly integrated with the open-plan dining ...

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Wellington 6037


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