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Investment Property Petone, Wellington

Suburb Snapshot

Petone is a suburb in the Lower Hutt Region of Wellington. Petone has a population of 6,690 people and 41.28% of its occupants live in rental accommodation. The median listing price for houses is $867,000 and this has changed -5.25% over the past year and changed -18.85% over 2 years.

The median rent in Petone for houses is $730 per week and the median rental yield is 4.38%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 67 days.The median listing price for units is $600,000 and this has changed 0.84% over the past year. The average unit takes 129 days to sell and the median rent for a unit in Petone is $520 per week, producing a rental yield of 4.51%.

Supply & Demand in Petone, Lower Hutt

97,845

Population


31.27%

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 Petone, Lower Hutt

  House Townhouses Units
Median listing price $867,000 $797,000 $600,000
Median price change - last quarter -0.23% 0.23% 6.36%
Median price change - 1 year -5.25% 0.84% 0.84%
Median price change - 2 years -18.85% -12.10% -21.66%
  House Townhouses Units
Median weekly rent $730 $700 $520
Median yield % 4.38% 4.57% 4.51%
Median rent change - 1 year 3.55% 2.94% 0.00%
  House Units
Average days on market 67 129

Petone investment property listings

Showing 5 of 41 investment properties found in Petone on realestateinvestar.co.nz

12A Nelson St, Petone

$599,000

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BEACHSIDE LIVING IN PETONE

Step into a life where golden sunsets and the soft sound of waves set the pace. Located just a minute's walk from Petone Beach, this well presented 2-bedroom brick and tile unit offers the perfect blend of affordability and convenience. Imagine starting your day with a refreshing morning stroll ...

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House

Wellington 5012


6/208 Jackson St, Petone

$800,000

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In The Heart Of Jackson

A maintenance free lifestyle in the lap of luxury, right in the heart of Jackson Street. Access to cafes, bars and recreation within walking distance and 2 car parks- one incase you wanted to whip along the motorway to Wellington city and one for the casual visitor perhaps! With entry via a light ...

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House

Wellington 5012


12 Plunket Ave, Petone

$845,000

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Petone First Home

Petone is such a well-loved suburb and at $845k, 12 Plunket Ave is a great opportunity for someone to get on the ladder here. A single level super sunny home offering 3 bedrooms plus 2 bathrooms, an office, garage and gardens - with heaps of potential to personalise. An easy commute to ...

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Wellington 5012


6/41 Cuba St, Petone

$499,000

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April Sun in Cuba

Superb location in the heart of Petone right on the main bus route. Sea, sun and within walking distance to the popular Petone eateries and entertainment! Discover your new abode off a driveway to shared common grounds with a car park right out front of this 2 level, 2 bedroom unit. Slider entry ...

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Wellington 5012


4/6 Richmond St, Petone

$619,000

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Petone Paradise Awaits

Introducing 4/6 Richmond Street, Petone - a beautifully renovated two-bedroom, one-bathroom townhouse that offers a modern, spacious living experience. The open-plan living area is perfect for entertaining, while the heat pump ensures year-round comfort with heating and cooling. The property ...

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Wellington 5012


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