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Investment Property Island Bay, Wellington

Suburb Snapshot

Island Bay is a suburb in the Wellington Region of Wellington. Island Bay has a population of 7,433 people and 29.72% of its occupants live in rental accommodation. The median listing price for houses is $995,000 and this has changed -9.13% over the past year and changed 0.00% over 2 years.

The median rent in Island Bay for houses is $795 per week and the median rental yield is 4.15%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 52 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 Island Bay is $560 per week, producing a rental yield of NA.

Supply & Demand in Island Bay, 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 Island Bay, Wellington

  House Townhouses Units
Median listing price $995,000 $957,500 NA
Median price change - last quarter 1.96% NA NA
Median price change - 1 year -9.13% NA NA
Median price change - 2 years 0.00% NA NA
  House Townhouses Units
Median weekly rent $795 $750 $560
Median yield % 4.15% 4.07% NA
Median rent change - 1 year -0.63% -6.25% 0.00%
  House Units
Average days on market 52 NA

Island Bay investment property listings

Showing 5 of 54 investment properties found in Island Bay on realestateinvestar.co.nz

25 Medway St, Island Bay

$1,495,000

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MODERNISED CHARACTER, SPACIOUS FAMILY HOME

Generously proportioned, well laid out, the perfect blend of charming character with modern convenience. A spacious 220sqm family home, just a stone's throw from the hustle and bustle of Island Bay Village. Spread across two levels with expansive, versatile family living downstairs, offering ...

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House

Wellington 6023


7/410 The Esp, Island Bay

$725,000

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Dream Sea Side living

If views, lifestyle and location are high on your list, 7/410 The Esplanade is going to be hard to beat. * Two-bedroom townhouse with an incredible outlook * Your own parking, making everyday living seriously easy * Big on living, with wide open-plan living and dining * ...

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Townhouse

Wellington 6023


51 Jackson St, Island Bay

$795,000

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CHARACTER HOME WITH OPTIONS!

Well positioned and offering many options. An ideal first home, extended family home or home with uncome potential. Currently configured as a spacious two bedroom home upstairs with potential third bedroom or ideal work from home space with a self-contained studio space below (previously let on ...

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House

Wellington 6023


65 Volga St, Island Bay

$835,000

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Sunny Island Bay with Workshop

Built in the 1970s and held by the same family ever since, 65 Volga Street is ready for someone new to take up the story. It sits on the sunny side of Island Bay, with great proportions and a genuine bonus underneath: a large workshop, hobby, or media space. There's some work still to do, but the ...

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House

Wellington 6023


62 Severn St, Island Bay

$765,000

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HOME SWEET HOME & INCOME

Well located with plenty of charming character. An ideal first home with an income stream below. Currently configured with a sizable two bedrooms and study space upstairs and a well presented self-contained one bedroom home below. Perfect for first home buyers looking to subsidise the mortgage or ...

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House

Wellington 6023


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