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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 46 investment properties found in Newlands on realestateinvestar.co.nz

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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3

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House

Wellington 6037


1/15 Bloomsbury Grove, Newlands

$599,000

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Smart Buying in Bloomsbury Grove, Newlands

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 portfolio. Spanning two levels and 120sqm, this well-designed, fully double-glazed home delivers space and flexibility with ...

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3

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Unit

Wellington 6037


63 Glanmire Rd, Newlands

$795,000

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NO DRAMA STARTER!

Built in 2015 and presented in near-new condition, this sunny, north-facing and beautifully presented home features outdoor entertaining and low-maintenance, easy living at its best! Thoughtfully designed, the sleek entertainer's kitchen is a fitting hub to generous open-plan dining/living. ...

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3

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House

Wellington 6037


20 Miles Cres, Newlands

$729,000

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Classic Charm, Modern Comfort!

If you're looking for a home that combines classic character with modern-day living, 20 Miles Crescent is one you'll want to see. This beautifully renovated 1950s classic kiwi home has been thoughtfully updated and is completely move-in ready, offering three bedrooms, a modern bathroom ...

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3

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House

Wellington 6037


51 Lyndfield La, Newlands

$769,000

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Develop & Create Income | RC Granted | BEO $769K!

Welcome to 51 Lyndfield Lane, Newlands, where the opportunity is as big as the land itself. Set on an expansive, flat 900m²* section with potential dual access from both Lyndfield Lane and Black Rock Road, this is a property that opens the door to some seriously exciting ...

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House

Wellington 6037


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