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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 36 investment properties found in Newtown on realestateinvestar.co.nz

21 Colombo St, Newtown

$865,000

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Double the Opportunity

Set among a picturesque row of historic homes on one of Newtown's most sought-after streets, this substantial freehold property offers a rare home-and-income opportunity with two self-contained levels, each featuring three bedrooms. With excellent rental appeal, a prime location and plenty of ...

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House

Wellington 6021


89 Coromandel St, Newtown

$675,000

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CHARACTER, CHARM & BIG POTENTIAL.

Positioned just minutes from the heart of Newtown, 89 Coromandel Street is a charming character home that blends timeless appeal with the opportunity to create something truly special. The home enjoys a North-West facing aspect with city views from the second floor. Further features ...

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House

Wellington 6021


13 Arney St, Newtown

$875,000

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Modern Dual-Key Townhouse - With Options!

Nestled within a private enclave in sought-after Newtown, this beautifully presented 117m² townhouse, built in 2020, offers the perfect combination of modern comfort, flexibility, and investment potential. Designed with versatility in mind, the property features a dual-key ...

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Townhouse

Wellington 6021


34 Ferguson St, Newtown

$650,000

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BUYERS FROM $650,000 MUST INSPECT!

Auction is over - your opportunity starts now. If you've been waiting for the right townhouse in one of Wellington's most sought-after city-fringe locations, this is it. Modern, low-maintenance and superbly positioned, this stylish townhouse offers exceptional value for first-home ...

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Townhouse

Wellington 6021


357 Adelaide Rd, Newtown

$765,000

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Relocated Vendor

Inviting offers upwards of $765,000 Tucked behind its charming brick façade, this beautifully updated 1900s semi-detached home blends timeless character with modern comfort. Original timber floors, high ceilings, large sash windows and skylights create a warm and light-filled ...

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House

Wellington 6021


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