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

158 The Esp, Island Bay

$795,000

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Coastal Living with Breathtaking Views

Wake up to sweeping sea views from Pencarrow to the Kaikouras and enjoy a coastal lifestyle that's hard to replicate. Offered for the first time in 21 years, this distinctive mid-century retreat combines character, comfort and a spectacular seaside setting. Whether you're looking for a ...

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House

Wellington 6023


4/222 The Esp, Island Bay

$795,000

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EASY COASTAL LIVING & LIFESTYLE

Sensational coastal views, fantastic sun and modern comforts make this freshly presented, modernised home an inviting option for first-home buyers, young families or those seeking easy-care downsizing. Downstairs, the sunny open-plan kitchen, dining and living area is complemented by a second WC ...

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Townhouse

Wellington 6023


7 The Pde, Island Bay

$995,000

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CHARMING CHARACTER HOME & GARDEN

Captivatingly charming, a fun, light, bright, bold 120sqm single level home with fantastic indoor/outdoor flow to a choice of sunny deck and sheltered established lawn and garden. A private oasis all to your own. Plenty of tender, love and care has gone into this home with insulation added, ...

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House

Wellington 6023


66 Frobisher St, Island Bay

$695,000

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FRESH START IN ISLAND BAY

If you've been waiting for the right opportunity to get into Island Bay, this could be it. Freshly presented with new internal paint and carpet, 66 Frobisher Street offers an easy, comfortable home in one of Wellington's most consistently popular suburbs. The flow from the ...

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House

Wellington 6023


17 Avon St, Island Bay

$925,000

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SUNNY, SPACIOUS, CLOSE TO SHOPS

Could there be a hotter summer destination than Island Bay, with its beach, cinema, bars and eateries? Here's your chance to make the most of the golden weather, with a low-maintenance four-bedroom home that's ideal for busy families who want plenty of free time to relax and enjoy the ...

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Wellington 6023


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