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

32 The Pde, Island Bay

$695,000

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OPTIONS & OPPORTUNITY!

A real honey for the money. Rich in character and location, offering options and opportunity to the next lucky owner. Positioned on a flat, sunny 468sqm section is a loved family home offering 124sqm floor area ripe for renovation or reinvention. The home is currently configured with three ...

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Wellington 6023


59B Volga St, Island Bay

$545,000

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SIMPLY A GEM!

If you are looking for the perfect first home or a very snug and serene sanctuary tucked away from the crowd, this is it! Configured with two bedrooms and a very generous and comfortable living area that opens to a large deck with panoramic views with sunshine until the end of the day. ...

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Wellington 6023


61A Severn St, Island Bay

$585,000

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LIGHT, BRIGHT, EASY ISLAND BAY LIVING

Fresh, spacious, light and bright. A well appointed two-bedroom semi-detached home on one level with car parking at the front door. With a decent 70sqm floor area, offering large bedrooms, generous open plan kitchen, dining and living room with flow to the private patio and established garden ...

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Wellington 6023


9 Rhine St, Island Bay

$499,000

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As-Is-Where-Is Opportunity in Island Bay

Situated in a private enclave near the Home of Compassion and accessed via Murray Street, this 150m² Fee Simple (Freehold) home is positioned adjacent to the golf course and Wakefield Park, offering a quiet setting with good sun and established surroundings. The property comprises four ...

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Wellington 6023


F1/165 Severn St, Island Bay

$685,000

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Captivating Island Bay Home with Sun and outlook!

Buyer Interest from $685,000. Welcome to 1/165 Severn Street, a delightful home nestled in the southern hills of Island Bay. An attractive property combining the tranquility of coastal living with the convenience of nearby amenities, making it an ideal choice for families, professionals, or anyone ...

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Wellington 6023


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