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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 -6.36% over the past year and changed -7.97% over 2 years.

The median rent in Newlands for houses is $700 per week and the median rental yield is 4.58%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 51 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 $540 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 -6.36% NA NA
Median price change - 2 years -7.97% NA NA
  House Townhouses Units
Median weekly rent $700 $665 $540
Median yield % 4.58% NA NA
Median rent change - 1 year 1.45% -1.48% 3.85%
  House Units
Average days on market 51 NA

Newlands investment property listings

Showing 5 of 23 investment properties found in Newlands on realestateinvestar.co.nz

3/5/1 Robert St, Newlands

$695,000

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Only 2 left!

Lots 3/5-1 Robert Street Newlands Wellington 1 Robert street Newlands offers 8 architecturally designed two-bedroom townhouses just 15 min off peak drive to Wellington's CBD. This development is an ideal place for professionals, young families, and couples to settle down, or ...

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Townhouse

Wellington 6037


109 Black Rock Rd, Newlands

$859,000

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Where your new chapter begins.

Welcome to your dream home! Nestled in the serene and sought-after neighbourhood of Newlands, we present to you an exceptional property at 109 Black Rock Road. This stunning residence features 4 spacious bedrooms and 2 beautifully appointed bathrooms. With a master suite boasting its own private ...

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House

Wellington 6037


58 Kenmore St, Newlands

$749,000

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Quality on Kenmore? YIP!

Welcome to your sunny, solid, 1960s first home or investment. Built back in a time where craftsmanship was key, Kenmore shines. After driving on to your off street parking, or into your secure spacious single garage, step into this charming home. Polished, original floorboards ...

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House

Wellington 6037


137A Newlands Rd, Newlands

$685,000

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Location & Lifestyle? YIP!

Looking for a first home or investment that's fully double glazed on a freehold title? 137A Newlands Road is just that. And with the potential to also purchase the adjoining 137B (also freehold), a very rare opportunity awaits. Live in one, rent the other? Live beside your best friend? Build your ...

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House

Wellington 6037


24 Grumman La, Newlands

$1,495,000

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Brand new, views, sun on a 28,789sqm site!

24 Grumman Lane offers a rare opportunity for a brand new home. With drive on access, this single living home is on a huge 28,789 square metre section overlooking the stunning Wellington Harbour and Western hills. This home is designed with both elegance and functionality in mind, boasting four ...

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House

Wellington 6037


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