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Investment Property Newtown, Wellington

Suburb Snapshot

Newtown is a suburb in the Wellington Region of Wellington. Newtown has a population of 8,168 people and 61.97% of its occupants live in rental accommodation. The median listing price for houses is $897,500 and this has changed -12.01% over the past year and changed -15.70% over 2 years.

The median rent in Newtown for houses is $840 per week and the median rental yield is 4.87%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 39 days.The median listing price for units is $599,000 and this has changed -7.85% over the past year. The average unit takes NA days to sell and the median rent for a unit in Newtown is $580 per week, producing a rental yield of 5.04%.

Supply & Demand in Newtown, 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 Newtown, Wellington

  House Townhouses Units
Median listing price $897,500 NA $599,000
Median price change - last quarter 4.30% NA 0.00%
Median price change - 1 year -12.01% -7.85% -7.85%
Median price change - 2 years -15.70% -5.43% 0.78%
  House Townhouses Units
Median weekly rent $840 $795 $580
Median yield % 4.87% NA 5.04%
Median rent change - 1 year 10.53% 3.92% 3.57%
  House Units
Average days on market 39 NA

Newtown investment property listings

Showing 5 of 23 investment properties found in Newtown on realestateinvestar.co.nz

36/120 Rintoul St, Newtown

$845,000

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EASY-CARE CLOSE TO TOWN

Young or busy families and professionals who want extra space for guests or to work from home will love this sunny, easy-care three-bedroom townhouse. It's safely set back from the street in a delightfully landscaped complex that's on the bus route and within walking or biking distance of ...

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Townhouse

Wellington 6021


152a Coromandel St, Newtown

$1,050,000

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Secluded Newtown Villa Nestled in Nature

Nestled on the very edge of the town belt overlooking Newtown is a special house where old-world charm has been gradually updated over the years with modern touches to make the most of its unique qualities and provide an exceptional sense of privacy, space and a connection with nature. ...

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House

Wellington 6021


2/4 Kenwyn Tce, Newtown

$295,000

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CITY FRINGE OPPORTUNITY

A pleasant home in a desirable city fringe location. Offering light, bright open plan living with a Newtown Village outlook. Easy access to the front door from the street with allocated car parking below. Some of the home features include: Open plan living, dining and kitchen opening onto the ...

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Unit

Wellington 6021


28 Rhodes St, Newtown

$900,000

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Investment or Development Opportunity

Renovation, land banking, subdivision or a multi-unit development - the potential here seems endless. Building sites are at a premium in Newtown and this block has two street frontages, making it a prime site for subdivision or a more intensive unit-titled development. Think about the ...

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House

Wellington 6021


8/245 Adelaide Rd, Newtown

$595,000

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SPACIOUS & SUNNY TOWNHOUSE

A super spacious townhouse, situated down a private driveway, offering excellent privacy and quiet, they don't make them like this any more! Unlike more recent townhouses, there is so much room throughout, including the enormous open plan living, both bedrooms, and the very generous deck enjoying ...

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Townhouse

Wellington 6021


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