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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 $939,000 and this has changed 4.62% over the past year and changed -12.01% over 2 years.

The median rent in Newtown for houses is $790 per week and the median rental yield is 4.37%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 50 days.The median listing price for units is $685,000 and this has changed 14.36% over the past year. The average unit takes 72 days to sell and the median rent for a unit in Newtown is $580 per week, producing a rental yield of 4.40%.

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 $939,000 $795,000 $685,000
Median price change - last quarter 1.06% 1.89% 1.48%
Median price change - 1 year 4.62% 14.36% 14.36%
Median price change - 2 years -12.01% NA -7.85%
  House Townhouses Units
Median weekly rent $790 $775 $580
Median yield % 4.37% 5.07% 4.40%
Median rent change - 1 year -5.95% -2.52% 0.00%
  House Units
Average days on market 50 72

Newtown investment property listings

Showing 5 of 31 investment properties found in Newtown on realestateinvestar.co.nz

104A Rintoul St, Newtown

$775,000

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Exclusive Development-Bespoke Design-Brand New!

Discover a rare opportunity to secure a brand-new home in an exclusive new boutique development perfectly positioned in the heart of vibrant Newtown. Just moments from Wellington Hospital, Wakefield Hospital, Southern Cross Hospital, Newtown village, local schools and Massey University, this ...

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Townhouse

Wellington 6021


207 Adelaide Rd, Newtown

$845,000

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HELLO WELLINGTON!

We welcome to Wellington the emerging premier developers in the region; Faisandier Faisandier is a local family business with a respected track record in construction. Family is the foundation they have grown from and look to nurture. They understand what it means to create homes, not ...

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House

Wellington 6021


31B Hall St, Newtown

$449,000

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CHARMING ONE-BEDROOM VILLA APARTMENT

Step into charm and comfort with this delightful one-bedroom villa apartment - one of only four in a character complex, offering privacy, convenience, and appeal. Perfectly positioned in the heart of Newtown, this home is ideal for first-home buyers, downsizers, or investors seeking an easy-care ...

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Unit

Wellington 6021


12 Arney St, Newtown

$695,000

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MODERN CONVENIENCE, SUNNY POSITION

Perfectly positioned to capture fantastic all-day sun, this stylish north-facing townhouse offers the ideal combination of low-maintenance living and unbeatable convenience. Located just moments from Wellington Hospital, Newtown Village, and within easy reach of both the city and the south coast, ...

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Townhouse

Wellington 6021


404/2 Colombo St, Newtown

$349,000

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Priced to Move: Top Floor End Apartment, Near-New

**BEO $349K (CV $460K)** Step into modern, hassle-free living in the heart of Newtown. This near-new one-bedroom apartment is warm, bright, and secure, ideal for professionals, first-home buyers, or savvy investors looking for a smart addition to their portfolio. Why You Will Love ...

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Unit

Wellington 6021


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