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Investment Property Te Aro, Wellington

Suburb Snapshot

Te Aro is a suburb in the Wellington Region of Wellington. Te Aro has a population of 9,135 people and 70.37% of its occupants live in rental accommodation. The median listing price for houses is $1,097,500 and this has changed NA over the past year and changed NA over 2 years.

The median rent in Te Aro for houses is $800 per week and the median rental yield is 3.79%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $685,000 and this has changed -1.44% over the past year. The average unit takes 124 days to sell and the median rent for a unit in Te Aro is $595 per week, producing a rental yield of 4.52%.

Supply & Demand in Te Aro, 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 Te Aro, Wellington

  House Townhouses Units
Median listing price $1,097,500 $795,000 $685,000
Median price change - last quarter NA 3.61% 1.48%
Median price change - 1 year NA -1.44% -1.44%
Median price change - 2 years NA -15.52% 2.96%
  House Townhouses Units
Median weekly rent $800 $795 $595
Median yield % 3.79% 5.20% 4.52%
Median rent change - 1 year 0.00% 8.90% 6.25%
  House Units
Average days on market NA 124

Te Aro investment property listings

Showing 5 of 117 investment properties found in Te Aro on realestateinvestar.co.nz

9B/245 Wakefield St, Te Aro

$795,000

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Sunny City Living with Superior Storage

This lovely apartment sits on the top floor of the modern Monument apartment building. Over two levels you'll find light-filled open plan living and dining on the first level with two double bedrooms upstairs. Both rooms are excellent sizes and one even has harbour views. Some of ...

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Wellington 6011


6/7 Feltex La, Te Aro

$349,000

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Inner City Lifestyle - Ideal Location

Buyer Enquiries Over $349,000 This light and bright one double bedroom apartment is nestled in the vibrant heart of the city, ideally located with easy access to the CBD, parliamentary precinct, university campuses, restaurants, and popular cafes. Generously sized for a one bedroom apartment, with ...

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Wellington 6011


86/156 Willis St, Te Aro

$795,000

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TOP FLOOR, TOP SPOT, TOP CHOICE

This sunny and spacious three-bedroom is one of only two on the top floor of the Astelia Apartment Hotel. The north-facing orientation offers exceptional sun and stunning city vistas from Kelburn to the town belt, complemented by its supreme location in the heart of the city, ideal for both work ...

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Wellington 6011


65/72 Tory St, Te Aro

$495,000

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2 Bedroom Inner-City Haven

Looking for the perfect blend of comfort, convenience, and contemporary living in the heart of Wellington? Nestled on the peaceful level 7, away from bustling street noise, this spacious 2 bedroom apartment has a sunny north facing balcony with views and open plan living. Situated in ...

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Wellington 6011


810-812/11 Courtenay Pl, Te Aro

$1,395,000

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Embrace the Sun

Seize the opportunity to bask in the sun and invest in this stunning new build triple key property, perfectly positioned to capture the beauty of every sunset. Designed with meticulous attention to detail and boasting a coveted west-facing orientation, this property offers three individual units, ...

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Wellington 6011


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