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Investment Property Cannons Creek, Wellington

Suburb Snapshot

Cannons Creek is a suburb in the Porirua Region of Wellington. Cannons Creek has a population of 8,155 people and 62.73% of its occupants live in rental accommodation. The median listing price for houses is $587,500 and this has changed -1.92% over the past year and changed -4.16% over 2 years.

The median rent in Cannons Creek for houses is $600 per week and the median rental yield is 5.31%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 83 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 Cannons Creek is $550 per week, producing a rental yield of NA.

Supply & Demand in Cannons Creek, Porirua

51,597

Population


33.75%

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 Cannons Creek, Porirua

  House Townhouses Units
Median listing price $587,500 NA NA
Median price change - last quarter -5.16% NA NA
Median price change - 1 year -1.92% NA NA
Median price change - 2 years -4.16% NA NA
  House Townhouses Units
Median weekly rent $600 $570 $550
Median yield % 5.31% NA NA
Median rent change - 1 year 1.69% NA 2.80%
  House Units
Average days on market 83 NA

Cannons Creek investment property listings

Showing 5 of 25 investment properties found in Cannons Creek on realestateinvestar.co.nz

33 Castor Cres, Cannons Creek

$375,000

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Damaged Fixer-Upper with Potential

Here's your chance to secure a substantial 1960s home with genuine upside. Ideal for builders, renovators, investors, or experienced DIY buyers looking for their next project. A damaged water pipe has impacted parts of the property, and the home is being sold strictly on an "as is, ...

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Wellington 5024


64 Astrolabe St, Cannons Creek

$545,000

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Vendors Motivated, Must Be Sold

Circumstances mean this much loved family home has to go, creating a genuine opportunity for first home buyers, families, and anyone looking to get into a good sized property in Cannons Creek. This is an honest, original 1960s home that has been well cared for. The kind of place where ...

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House

Wellington 5024


10 Miranda St, Cannons Creek

$499,000

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OPPORTUNITY, COMFORT & FUTURE POTENTIAL

Positioned in a convenient central location, this solid 1960s timber home offers comfortable living today with exciting possibilities for the future. Set on a sunny fully fenced section, this well-presented single level property has been tastefully updated throughout and recently fully ...

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House

Wellington 5024


48 Cardiff Cres, Cannons Creek

$590,000

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FIRST HOME FEVER STARTS HERE

Freshly updated and ready for its next chapter, this inviting 3-bedroom home is the perfect opportunity for families, first-home buyers, or investors alike. Inside, you'll find a light and refreshed interior with brand-new carpets, vinyl and fresh paint throughout, giving the home a ...

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House

Wellington 5024


18 Northumberland St, Cannons Creek

$500,000

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Overseas bound - MUST SELL!

Looking to step onto the property ladder or secure a smart addition to your investment portfolio? This partially double glazed, 3-double bedroom, 1 bathroom home is sitting on a 613m2 section. A home that delivers comfort, potential, and value in one compelling package. Offering an ...

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Wellington 5024


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