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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 48 investment properties found in Island Bay on realestateinvestar.co.nz

22/36 Dee St, Island Bay

$1,095,000

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HOME WITH LIFESTYLE

Generously proportioned and immaculately presented a sunny, spacious, convenient home designed, built and renovated with today's lifestyle in mind. Offering 136sqm over two levels with bedrooms and bathrooms on each. Internal access garaging, spacious open plan family living and a sunny garden and ...

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Townhouse

Wellington 6023


28 Medway St, Island Bay

$975,000

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PRETTY AS THE PICTURE

Cute and charming, a beautifully presented, extensively renovated character home in the heart of Island Bay Village. Set slightly elevated above the street giving the home views from the bay window, across Island Bay settlement with a glimpse of the sea in the background. Restored and modernised ...

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House

Wellington 6023


192 Melbourne Rd, Island Bay

$1,045,000

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SPACIOUS, SUNNY FAMILY HOME & OPPORTUNITY

Generously sized, this family home offers a versatile layout catering for larger families, extended families or a potential income stream. With 168sqm floor area this home offers large living areas, generous bedrooms and double garaging with workshop space plus off-street parking. Further features ...

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House

Wellington 6023


9 Erica Pabst Way, Island Bay

$745,000

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SLEEK, SPACIOUS & EXCEPTIONALLY LOCATED

Modern, spacious, and set within the historic Erskine College grounds, this sleek two-bedroom townhouse is the perfect blend of style and functionality. Designed for easy living, the ground floor features a generous open-plan layout that connects the kitchen, dining, and living spaces --- ideal ...

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House

Wellington 6023


10 Brighton St, Island Bay

$995,000

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CHARMING SOUTH COAST LIVING

Sitting pretty behind the white fence, a charming coastal home beautifully presented and modernised for today's living. The sunny North facing position compliments established gardens and flat lawn space - perfect for families, pets or entertaining friends and family. Modernised throughout with ...

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House

Wellington 6023


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