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Investment Property Newtown, Wellington

Suburb Snapshot

Newtown is a suburb in the Wellington Region of Wellington. Newtown has a population of 8,168 people and 61.97% of its occupants live in rental accommodation. The median listing price for houses is $942,000 and this has changed 10.82% over the past year and changed -25.93% over 2 years.

The median rent in Newtown for houses is $795 per week and the median rental yield is 4.39%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 42 days.The median listing price for units is $710,000 and this has changed 4.57% over the past year. The average unit takes 89 days to sell and the median rent for a unit in Newtown is $570 per week, producing a rental yield of 4.17%.

Supply & Demand in Newtown, 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 Newtown, Wellington

  House Townhouses Units
Median listing price $942,000 $795,000 $710,000
Median price change - last quarter 0.75% 0.00% 17.36%
Median price change - 1 year 10.82% 4.57% 4.57%
Median price change - 2 years -25.93% NA -2.30%
  House Townhouses Units
Median weekly rent $795 $780 $570
Median yield % 4.39% 5.10% 4.17%
Median rent change - 1 year 4.61% 4.00% 3.64%
  House Units
Average days on market 42 89

Newtown investment property listings

Showing 5 of 20 investment properties found in Newtown on realestateinvestar.co.nz

4 Russell Tce, Newtown

$995,000

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CHARACTER VILLA IN VIBRANT HUB

Everything from the location to the character to the sunshine makes this refurbished villa a timeless gem in the heart of Newtown. With four bedrooms, two living rooms and easy-care indoor-outdoor living, it's perfect for busy families who want to be able to walk or bike virtually everywhere ...

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House

Wellington 6021


30 Roy St, Newtown

$1,195,000

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STUNNING CHARACTER WITH MODERN COMFORTS.

You will be enchanted by the character and charm of this sunny 1900s home, with its mix of modern and stylish period features throughout, which include high studs, ornate ceilings, and large sash windows, along with a contemporary kitchen and living area with ideal indoor/outdoor flow. Further ...

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House

Wellington 6021


7 Manley Tce, Newtown

$1,345,000

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STUNNING CHARACTER. HOME & INCOME

Here is your opportunity to view this beautifully renovated property, situated on a private and quiet street in the heart of Newtown. With stunning landscaping recently completed-including a spa, sauna, and outdoor shower-this property is the epitome of an "Urban Sanctuary." Main Dwelling: • Three ...

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House

Wellington 6021


31 Donald McLean St, Newtown

$895,000

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CLASSIC DOUBLE BAY VILLA

This superb early 1900's villa in the heart of Newtown oozes plenty of character and charm and is waiting for the lucky new owner to stamp their own personal touches. There is plenty of scope to create a truly wonderful family home. Features include: • 4 double bedrooms • 2 modern bathrooms • Tidy ...

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House

Wellington 6021


1/28 Lawrence St, Newtown

$775,000

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Newtown Gem - Location, Views and Sun

Secure, fenced, internal garage access, private and with lashings of all-day sun, there's a lot to be loved about this well-presented, low-maintenance, two-bedroom Newtown beauty. This low-maintenance townhouse won't be missed by the discerning buyer. Generously sized and well-proportioned at ...

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Townhouse

Wellington 6021


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