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

192 Melbourne Rd, Island Bay

$945,000

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SUN, SPACE AND DOUBLE GARAGING

Generously sized, this sun filled home offers a versatile layout catering for larger families, extended families or families looking for work from home options or a potential income stream. Spread across two levels offering 168sqm including multiple living areas, generous bedrooms and large double ...

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Wellington 6023


77A Frobisher St, Island Bay

$1,095,000

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ALL THE SUN & SPACE YOU COULD WANT!

Sunny, spacious and incredibly versatile. A modernised, immaculate family home, spread across 200sqm of floor area, offering room and something for everyone. Perfect for large families, extended families, blended families, those looking for possible income options or perfect for work from home ...

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House

Wellington 6023


54 Severn St, Island Bay

$1,095,000

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CHARACTER & CHARM - SUNNY FAMILY LIVING

Beautifully renovated for today's easy family living. An elevated position gives the home a lovely outlook, while creating a real sense of privacy, security and separation from the road. A charming character, family home, bathed in sun on an established section. Spread across one level offering ...

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House

Wellington 6023


9 Milne Tce, Island Bay

$1,395,000

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SUNNY, SPACIOUS LIVING WITH BEAUTIFUL VIEWS

At last: a sunny, spacious, well-maintained and enhanced family home offering fantastic south coast views. Set on popular Milne Terrace, slightly elevated to maximise the view. Drive in to internal access garaging, versatile family living spaces, modernised kitchen and bathrooms and indoor/outdoor ...

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House

Wellington 6023


5 Linwood Way, Island Bay

$645,000

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Charming Seaside Cottage

Opportunities to secure a standalone home in such a special seaside location are few and far between. This charming Island Bay cottage has had all the hard work taken care of, offering a refreshed, comfortable home that is ready for its next chapter. With lovely views across Island Bay towards the ...

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House

Wellington 6023


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