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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 $910,000 and this has changed -13.33% over the past year and changed -12.13% over 2 years.

The median rent in Newtown for houses is $825 per week and the median rental yield is 4.71%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 37 days.The median listing price for units is $595,000 and this has changed -14.39% over the past year. The average unit takes 147 days to sell and the median rent for a unit in Newtown is $580 per week, producing a rental yield of 5.07%.

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 $910,000 NA $595,000
Median price change - last quarter 4.30% NA 0.00%
Median price change - 1 year -13.33% -14.39% -14.39%
Median price change - 2 years -12.13% -1.12% 1.46%
  House Townhouses Units
Median weekly rent $825 $780 $580
Median yield % 4.71% NA 5.07%
Median rent change - 1 year 6.45% 3.31% 5.45%
  House Units
Average days on market 37 147

Newtown investment property listings

Showing 5 of 25 investment properties found in Newtown on realestateinvestar.co.nz

62/120 Rintoul St, Newtown

$895,000

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OUTSTANDING VALUE IN NEWTOWN

MODERN - SPACIOUS - LIGHT - QUIET - CENTRAL One of the very best in the impressive ALTAIR modern townhouse development. Ideally positioned for great sun. Enjoys a quiet peaceful setting well back from the main street. Modern construction (2011 build). Great rental for investors (3 bedrooms). Ideal ...

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Wellington 6021


78 Owen St, Newtown

$1,095,000

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Enchanting Newtown Villa

Nestled in the vibrant heart of Newtown, this enchanting villa exudes timeless character and irresistible charm. Boasting fabulous street appeal, high stud ceilings, polished floorboards, and elegant sash windows, this home is a true gem waiting to be discovered. Key Features: Seamlessly blending ...

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House

Wellington 6021


13/120 Rintoul St, Newtown

$845,000

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LOW MAINTENANCE LIVING. CENTRAL NEWTOWN LOCATION.

Located in the heart of Newtown, this home perfectly captures the essence of modern living. Altair Townhouses are highly sought-after, thanks to their modern design, central location, and comfort. Situated just minutes walk to central Newtown, Wellington Hospital and main transport ...

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Unit

Wellington 6021


10 Emmett St, Newtown

$779,000

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Cute Double Bay 2-3 Bedroom Villa!

If you want a super cute character villa, right in the heart of Newtown, yet tucked down a cul-de-sac for quiet and privacy, you need to come and check this little cutie out! With street appeal to burn, all on one level, and with a decent-sized backyard, this has the makings of a great home. ...

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House

Wellington 6021


28/37 Daniell St, Newtown

$795,000

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EASY LIVING IN NEWTOWN

Nestled in the vibrant heart of Newtown, this charming three-bedroom, two-bathroom townhouse is the epitome of modern living. Boasting a sought-after location, this spacious home offers both convenience and comfort for you and your family. Featuring: * Three generous bedrooms with ...

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Townhouse

Wellington 6021


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