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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 $895,000 and this has changed 16.99% over the past year and changed 10.07% over 2 years.

The median rent in Newlands for houses is $650 per week and the median rental yield is 3.78%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 175 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 $480 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 $895,000 NA NA
Median price change - last quarter 3.47% NA NA
Median price change - 1 year 16.99% NA NA
Median price change - 2 years 10.07% 1.32% NA
  House Townhouses Units
Median weekly rent $650 $580 $480
Median yield % 3.78% NA NA
Median rent change - 1 year 8.33% 1.75% 6.67%
  House Units
Average days on market 175 NA

Newlands investment property listings

Showing 5 of 29 investment properties found in Newlands on realestateinvestar.co.nz

1/62 Spenmoor St, Newlands

$895,000

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JUST IN TIME FOR CHRISTMAS

Brand New Never Lived In. 3 Bedrooms 2 Bathrooms, master includes ensuite and walk-in robe Off-street car park End Unit enjoying great sun, access and outlook Sunny, fully fenced courtyard with a bit of lawn, ideal for the kids and pets. This beautiful townhouse has recently been completed and was ...

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Townhouse

Wellington 6037


31 Sunhaven Dr, Newlands

$899,000

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Sun Drenched Tick Box Starter

Occupying a sun-drenched corner site in the central and popular suburb of Newlands, this well-appointed home is a must see. The perfect choice for professionals and small families looking for an affordable, tick box starter. Fantastic features on offer include; - Light filled living space with ...

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House

Wellington 6037


49a Lyndfield La, Newlands

$950,000

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Living Space

If it's living space that's important to you, this home has it, inside and outside. Redecorated in 2021 including new carpet, hard floors and paint throughout. Drive on and stand alone The 90m2 single level home is configured with 2 double sized bedrooms allowing for generous open plan living ...

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House

Wellington 6037


66 Stewart Dr, Newlands

$1,100,000

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Two Dwellings In One

Have extended family you want to keep close. 66 Stewart Drive is the ticket. The exterior was professionally repainted 2021. 66 Stewart Drive, ideally located for local shops and amenities including Johnsonville and Newlands shopping, modern library, swimming pool, supermarkets and fast food ...

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Wellington 6037


49 Lyndfield La, Newlands

$800,000

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3 Bed - 2 Car Garage

Built using time proven materials, this single level 3 bedroom home, has a 2 car garage plus basement/workshop areas. External paint work of the main house and a roof restoration completed in 2020. This home, positioned for good sun year round, makes for a solid step on the property ladder, it has ...

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House

Wellington 6037


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