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Investment Property Newlands, Wellington

Suburb Snapshot

Newlands is a suburb in the Wellington Region of Wellington. Newlands has a population of 7,191 people and 30.91% of its occupants live in rental accommodation. The median listing price for houses is $795,000 and this has changed 0.00% over the past year and changed -11.57% over 2 years.

The median rent in Newlands for houses is $695 per week and the median rental yield is 4.55%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 58 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 Newlands is $560 per week, producing a rental yield of NA.

Supply & Demand in Newlands, 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 Newlands, Wellington

  House Townhouses Units
Median listing price $795,000 NA NA
Median price change - last quarter 0.00% NA NA
Median price change - 1 year 0.00% NA NA
Median price change - 2 years -11.57% NA NA
  House Townhouses Units
Median weekly rent $695 $640 $560
Median yield % 4.55% NA NA
Median rent change - 1 year -0.71% -5.19% 5.66%
  House Units
Average days on market 58 NA

Newlands investment property listings

Showing 5 of 52 investment properties found in Newlands on realestateinvestar.co.nz

1/15 Bloomsbury Grove, Newlands

$599,000

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Smart Buying in Bloomsbury Grove, Newlands

ACT NOW - Final Open Homes Weekend (13 & 15 October) Don't miss your opportunity to inspect this weekend. Tucked away in a quiet cul-de-sac, this dry, warm and sunny, private 3-bedroom home is the perfect entry into the market or a standout addition to your investment ...

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Unit

Wellington 6037


111 Black Rock Rd, Newlands

$675,000

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Oppotunity Knocks

If you've been searching for a home with incredible potential, this is the one. Bring your tools, your ideas and a willingness to get stuck in-there's plenty of potential here to add value and reap the rewards. Positioned to enjoy all-day sun and elevated views, this classic home ...

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House

Wellington 6037


17 Kenmore St, Newlands

$690,000

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Family-Friendly Pocket of Newlands

A phenomenal opportunity for first-home buyers and families alike! Situated in a tightly held, highly soughtafter neighborhood, this delightful 3-bedroom timber weatherboard home places you right where you want to be—just moments away from local shops, quality school zones, public transport ...

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House

Wellington 6037


3 Griffiths Grove, Newlands

$725,000

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Classic Kiwi Home with Bonus Downstairs Space

Deadline Sale: 2 pm Thursday 5 November (unless sold prior) Solid, spacious and sunny, this classic 1960s weatherboard home offers the space, practicality and flexibility that growing families and first-home buyers will appreciate. Set in an elevated position with great sun and a ...

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House

Wellington 6037


11 Kenmore St, Newlands

$649,000

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Mid Century Estate Sale Opportunity

Estate sales create opportunities that don't come along every day. The family has lived here for sixty years and is now committed to selling, the potential is obvious, and the next chapter of this much-loved home will be decided at auction. With great street presence, solid mid-century ...

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House

Wellington 6037


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