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

148 Coromandel St, Newtown

$895,000

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YOUR SANCTUARY ABOVE NEWTOWN

Elevated, private, and immersed in birdsong and greenery, this home feels worlds away from the city - yet Wellington Hospital, the CBD, and the vibrant heart of Newtown are just minutes from your door. Positioned at one of Newtown's highest points, this home offers a perspective few can ...

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Wellington 6021


45/46 Hiropi St, Newtown

$375,000

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SUNNY NEWTOWN STARTER

BEO $375,000 Positioned in one of Wellington's most sought-after city fringe suburbs, this spacious 50sqm apartment offers an outstanding opportunity to secure a foothold in vibrant Newtown. Enjoy a sunny west-facing outlook from both the living area and bedroom, filling the apartment ...

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Wellington 6021


3/31 Princess Tce, Newtown

$795,000

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Stylish, Sun-Filled & Super Convenient

Offered to the market for the very first time since its 2016 build, this beautifully presented townhouse combines modern design, quality finishes, and effortless living in a tightly held Newtown location. Light-filled, thoughtfully configured, providing ample storage solutions throughout and ready ...

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Wellington 6021


18/31 Princess Tce, Newtown

$795,000

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STYLISH & SUNNY LIVING IN THE HEART OF NEWTOWN

Positioned in the vibrant heart of Newtown, this immaculate townhouse offers modern, low-maintenance living across three well-designed levels. Light-filled and beautifully presented throughout, the layout provides fantastic separation of spaces, making it ideal for families, professionals, or ...

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Wellington 6021


32/46 Hiropi St, Newtown

$369,000

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View Now – Excellent Value Here

This light-filled, north-facing apartment is one you won't want to miss. Positioned in the popular Hiropi Village complex, this home captures excellent sun and offers a warm, inviting feel throughout, making it an appealing option for those seeking low-maintenance in a great location. ...

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Unit

Wellington 6021


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