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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 $1,097,500 and this has changed 0.23% over the past year and changed -8.37% over 2 years.

The median rent in Island Bay for houses is $790 per week and the median rental yield is 3.74%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 54 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 $1,097,500 NA NA
Median price change - last quarter -0.23% NA NA
Median price change - 1 year 0.23% NA NA
Median price change - 2 years -8.37% -16.36% NA
  House Townhouses Units
Median weekly rent $790 $800 $560
Median yield % 3.74% NA NA
Median rent change - 1 year 3.95% 2.56% 1.82%
  House Units
Average days on market 54 NA

Island Bay investment property listings

Showing 5 of 26 investment properties found in Island Bay on realestateinvestar.co.nz

15/52 High St, Island Bay

$945,000

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STYLISH, NEAR NEW AND A VIEW

Positioned high above the south coast and commanding stunning views over the Cook Strait and beyond, this lovely townhouse offers excellent privacy and a beautiful ocean outlook. Designed by award-winning architects Novak and Middleton, this premium townhouse offers the best in modern, stylish, ...

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Townhouse

Wellington 6023


20 Bay Lair Grove, Island Bay

$1,450,000

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OPPORTUNITY KNOCKS - HOME & INCOME

A rare opportunity presents itself! Offering a sunny spacious family home on a private cul-de-sac and quiet driveway with a tidy self-contained separate unit beneath. Both offer generous living spaces and fantastic all-day sun. Home features include: MAIN RESIDENCE: Three generous light-filled ...

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House

Wellington 6023


14a Liddel Grove, Island Bay

$595,000

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Slice of Island Bay

Nestled in the sought-after area of Island Bay, this spacious two bedroom home offers a comfortable and convenient lifestyle. Boasting a well presented interior, this property features two bedrooms, ideal for professionals or a small family wanting to get into this fabulous suburb. The spacious ...

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House

Wellington 6023


39 Erica Pabst Way, Island Bay

$1,145,000

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A Blend of Luxury and Functionality!

This stunning property, finished in 2021 and meticulously crafted with upgrades, is now available and nestled in the Erskine Development's serene neighbourhood. Key features of this property include: * Freehold property. (no body corp) * Experience spacious living in ...

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House

Wellington 6023


40 Derwent St, Island Bay

$1,175,000

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Charming Character Home. Prime Location

Immaculately presented and perfectly positioned. A spacious character home with charming period details throughout and enhanced for today's ultimate family living. Generous rooms, open plan family living spaces, modernised kitchen, and bathroom. Simply move in and enjoy the home and what this ...

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House

Wellington 6023


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