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Investment Property New Lynn, Auckland

Suburb Snapshot

New Lynn is a suburb in the Waitakere Region of Auckland. New Lynn has a population of 17,099 people and 40.14% of its occupants live in rental accommodation. The median listing price for houses is $850,000 and this has changed 6.45% over the past year and changed 3.77% over 2 years.

The median rent in New Lynn for houses is $585 per week and the median rental yield is 3.58%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 92 days.The median listing price for units is $550,000 and this has changed -3.51% over the past year. The average unit takes 153 days to sell and the median rent for a unit in New Lynn is $465 per week, producing a rental yield of 4.40%.

Supply & Demand in New Lynn, Waitakere

197,395

Population


32.38%

Rental population


1,422,009

Population


35.55%

Rental population


This is information is brought to you by realestateinvestar.co.nz - The online home for property investors

Statistical data for New Lynn, Waitakere

  House Townhouses Units
Median listing price $850,000 $847,500 $550,000
Median price change - last quarter 0.00% 10.74% -0.72%
Median price change - 1 year 6.45% -3.51% -3.51%
Median price change - 2 years 3.77% 17.59% 3.64%
  House Townhouses Units
Median weekly rent $585 $580 $465
Median yield % 3.58% 3.56% 4.40%
Median rent change - 1 year 4.46% 3.57% 3.33%
  House Units
Average days on market 92 153

New Lynn investment property listings

Showing 5 of 131 investment properties found in New Lynn on realestateinvestar.co.nz

2/49 Miro St, New Lynn

$599,000

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Perfect First Home or Investment

Recently renovated, this gorgeous home is the perfect love-nest for professional couples or first home buyers, and equally appealing to those wanting to downsize or invest into the Auckland market. Native matai wooden flooring with open plan living and dining. The kitchen is modern, stylish and ...

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House

Auckland 0600


801/20 McCrae Way, New Lynn

$490,000

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Motivated Vendor, Priced to Sell!

***COVID 19 Traffic Light RED indicates no more than 25 people in the home at one time, with masks and hand sanitiser use as a requirement of the vendors. Calling all first home buyers, retirees and investors. Right in the heart of New Lynn, this beautiful one-bedroom modern apartment in Merchant ...

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Unit

Auckland 0600


122A Lynwood Rd, New Lynn

$1,100,000

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Start Up, Start Over or Start Again

In an area currently undergoing a resurgence in growth and development, this single level starter offers a world of opportunity for a range of buyers. Opportunity awaits for the purchaser with vision willing to overlook the obvious and roll up their sleeves. Flat 600sqm site where exploration of ...

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House

Auckland 0600


2E/10 Crown Lynn Pl, New Lynn

$369,000

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Affordable Freehold Apartment

In the heart of New Lynn, this freehold-titled apartment offers open plan living, one double bedroom, a big bathroom, a north-facing balcony, one secure carpark and one big storage locker downstairs. The north facing direction keeps you cool in the summer, sunny & warm for the winter. This ...

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Unit

Auckland 0600


Lot 2/143 Portage Rd, New Lynn

$1,139,000

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Completion in Jan- Feb 2022!

Presenting a rare opportunity to secure your brand-new freehold home (No Body Corporate) within the Business and Recreational area in New Lynn and Blockhouse Bay, sitting right next to Titirangi Golf Club and parks. Begin the journey towards your ultimate lifestyle, Today! 8 exclusive newly built ...

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Townhouse

Auckland 0600


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