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

354 The Pde, Island Bay

$745,000

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CHARMING CHARACTER - HANDY LOCATION

Bathed in sun and full of character, a charming 100sqm bungalow awaits its next lucky owner to love and enjoy it. After many cherished years in the same family an opportuunity exists to secure a long term family home or ideal first home. Well laid out and well proportioned, put in some work and ...

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House

Wellington 6023


51 Jackson St, Island Bay

$1,495,000

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TWO HOMES - THREE INCOMES

A lot of house, a lot of options! Like new, well presented and perfect for extended families or subsidizing the mortgage. Configured as an almost brand new stylish and spacious 74sqm free standing home in the front PLUS a well-presented 150sqm home with potential income stream below at the back. A ...

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Wellington 6023


10A Mersey St, Island Bay

$725,000

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IMMACULATE HOME - EASY, SUNNY LIVING

Beautifully presented, well positioned, well proportioned and easy care. A light, bright, ideal first home, young family home or perfect downsizing option. Spacious and sunny open plan living, dining and kitchen space opens to the decked area. Large bedrooms, a modern bathroom and good storage ...

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Wellington 6023


142 Severn St, Island Bay

$895,000

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SOUTH COAST STUNNER WITH VIEWS

Proudly elevated to capture stunning south coast views, this solid 1960's weatherboard home blends timeless character with thoughtful modern upgrades, offering generous and flexible living in the much sought-after suburb of Island Bay. Designed for easy living, the layout centres around ...

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House

Wellington 6023


27 Rhine St, Island Bay

$795,000

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ONE, TWO, THREE! - INVESTMENT OPPORTUNITY!

THIS PROPERTY HAS SCHEDULED VIEWINGS TIMES ONLY. PLEASE CONTACT FOR ACCESS. Three individual flats on one title all overlooking the Island Bay landscape and just minutes from the vibrant Village that Island Bay offers. Features for each property are: Flat 3 - Three generous ...

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House

Wellington 6023


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