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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 $875,000 and this has changed -2.67% over the past year and changed -5.37% over 2 years.

The median rent in New Lynn for houses is $670 per week and the median rental yield is 3.98%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 78 days.The median listing price for units is $620,000 and this has changed 0.98% over the past year. The average unit takes 74 days to sell and the median rent for a unit in New Lynn is $530 per week, producing a rental yield of 4.45%.

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 $875,000 $839,000 $620,000
Median price change - last quarter -1.14% -1.29% 0.00%
Median price change - 1 year -2.67% 0.98% 0.98%
Median price change - 2 years -5.37% -0.73% -8.22%
  House Townhouses Units
Median weekly rent $670 $660 $530
Median yield % 3.98% 4.09% 4.45%
Median rent change - 1 year 1.52% 1.54% 1.92%
  House Units
Average days on market 78 74

New Lynn investment property listings

Showing 5 of 211 investment properties found in New Lynn on realestateinvestar.co.nz

3/21 Northall Rd, New Lynn

$669,000

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Vendor's Upgrade Creates Your Chance

Welcome to this charming two-bedroom home offering a fantastic opportunity for first-home buyers, downsizers, or investors. Built with trusted brick and weatherboard construction, this property provides durability, comfort, and low-maintenance living in a highly convenient location. The ...

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Unit

Auckland 0600


3/3 Koromiko St, New Lynn

$669,000

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Your First Home? Check Photo 3

There is something pretty special about walking through the front door of a home that is finally yours. This brick and block property could be the opportunity first home buyers have been waiting for. It is nicely refreshed, easy to maintain and ready to move into, without a ...

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Unit

Auckland 0600


20/1 Briar Way, New Lynn

$750,000

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Superb opportunity- New lynn

Superb opportunity for 1st home buyers & investors - Must be Sold. - Weatherboard cladding - with Code Compliance Certificate (CCC) - Immaculate 3 spacious bedrooms, 2 bathrooms & internal access garage + 1 OSP - Corner townhouse - with additional private fenced yard & storage ...

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Unit

Auckland 0600


7 Kohekohe St, New Lynn

$850,000

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New Lynn Opportunity – Renovate or Develop

With a current CV of $1,200,000, this classic New Lynn property presents an outstanding opportunity for buyers seeking value. Offers are invited above $850,000. Set on a generous section in a popular New Lynn location, this classic 1950s home offers options that are becoming ...

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House

Auckland 0600


5/47 Arawa St, New Lynn

$600,000

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The Study, The Lawn, The Station

- Two bedrooms plus separate study - Bathroom upstairs, guest toilet down - Private deck and fenced lawn - Allocated off-street carpark - Daycare, school and Fruitvale Station close by Some townhouses try very hard to sound bigger than they are. This one does not ...

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Townhouse

Auckland 0600


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