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

57 Rhine St, Island Bay

$1,095,000

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ARCHITECTURAL & BOLD - MADE FOR LIVING

Renovated from top to bottom. Move in ready. A spacious, sunny versatile floor plan allows for many living arrangements. A generous choice of living spaces, bedrooms, and work from home spaces. Ideal for families wanting space for all, perfect for teenage hideaways, hobby rooms (music/crafts) or ...

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House

Wellington 6023


3 Mary Dobson Way, Island Bay

$1,295,000

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BIG MODERN 4 BED 3 BATH TOWNHOUSE!

This near-new luxurious townhouse showcases the ultimate in immaculate, spacious easy-care living for busy families or professionals who need the extra room to entertain, host guests or work from home. It's one of only seven homes in a premium elevated enclave in the Erskine Village community with ...

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House

Wellington 6023


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


192 Melbourne Rd, Island Bay

$1,045,000

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LOCATION - SUN - INCOME

Just a short walk to the Island Bay beach and family playground this fully fenced spacious four bedroom (or three bedrooms plus a huge lounge), two bathroom, double garage two story home offers multiple choice opportunities for those wanting to live in one of Wellington's sought after suburbs. ...

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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


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