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

8/74 Derwent St, Island Bay

$825,000

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EFFORTLESS LIVING IN THE HEART OF DERWENT STREET

Visit this Sunday's open home for your chance to win a Heli Lunch for 2 at Wharekauhau Lodge. For more information, head to supersunday.nz Nestled on ever-popular Derwent Street, this home offers a lifestyle of ease and comfort. Whether you're stepping onto the property ladder, looking ...

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Unit

Wellington 6023


354 The Esp, Island Bay

$1,595,000

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Architectural 4-Bedroom Coastal Home with Study

Buyer Enquiry Over $1,595,000 Stage One - Complete and Available Now Stage one of this exclusive four-home coastal development is now complete, offering an exceptional opportunity to secure a high-quality, architecturally designed home in one of Wellington's most tightly held seaside ...

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House

Wellington 6023


41 Erica Pabst Way, Island Bay

$895,000

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Exceptional Quality - Stunning Home

Built by well renowned The Wellington Company this modern contemporary townhouse offers a fabulous lifestyle opportunity to those seeking low maintenance high quality living in the heart of popular Island Bay. This stylish two bedroom townhouse is spacious, elevated and faces North for ...

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Townhouse

Wellington 6023


9/3 Severn St, Island Bay

$925,000

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Contemporary Living in the Bay

Set in a quiet, sun-soaked cul-de-sac, this beautifully maintained 166sqm townhouse delivers effortless living with a versatile layout tailored to today's lifestyle needs. From hosting friends to working remotely or simply unwinding in comfort, this home offers impressive flexibility and ...

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Townhouse

Wellington 6023


392 The Esp, Island Bay

$895,000

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SPACIOUS SOUTH COAST RETREAT

Well proportioned and well laid out, a generous 166sqm single level home taking in sweeping views across the beautiful south coast. Designed and built to maximise the sun with spacious open plan living running from front to back with views from the living room and patio/garden behind the kitchen. ...

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House

Wellington 6023


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