Download your FREE reports now!

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

10 Harper St, Newtown

$795,000

property pic

SUNNY & SPACIOUS STARTER WITH BONUS SLEEPOUT

Harper Street is ever popular due to its quietness and numerous character homes, with limited through traffic and no side roads, the location is walkable to all that makes Newtown great. Number 10 faces North and features a flexible layout, with plenty of space for families, flatmates or working ...

Get more info on this property
rei

4

rei

2

rei

0

House

Wellington 6021


12/60 Rintoul St, Newtown

$275,000

property pic

FUNKY NEWTOWN LIVING - STYLE & LOCATION

Right in the vibrant heart of Newtown, this funky one-bedroom apartment delivers personality, quality, and convenience in equal measure. With stylish finishes, thoughtful design, and easy access from Kenwyn Terrace street entrance, this is city-fringe living at its best - perfect for ...

Get more info on this property
rei

1

rei

1

rei

0

Unit

Wellington 6021


305 Mansfield St, Newtown

$1,500,000

property pic

Rare Development & Investment Opportunity!

This is a truly rare find offering a unique blend of residential income, commercial potential, and development opportunity all on one site. Situated on a generous 577 square meter building area, this property features multiple buildings, including four residential units-three of which are ...

Get more info on this property
rei

5

rei

3

rei

0

House

Wellington 6021


143 Coromandel St, Newtown

$895,000

property pic

Elevated, Sunny & Full of Soul

Elevated above the street and bathed in sun, 143 Coromandel Street is a wonderfully warm and welcoming Newtown character home. Walk on access gives this home remarkable privacy and established greenery; it combines gorgeous original features and easy outdoor living. Further details ...

Get more info on this property
rei

3

rei

1

rei

0

House

Wellington 6021


35 Colombo St, Newtown

$795,000

property pic

Five-Bedroom Villa in Top Location

Set among a picturesque row of historic homes on one of Newtown's most sought-after streets, this freehold semi-detached villa presents a unique opportunity for homebuyers and investors alike. With five generous bedrooms, spacious living, and incredible scope to add value through renovation, this ...

Get more info on this property
rei

5

rei

1

rei

0

House

Wellington 6021


Navigate to more Suburbs, Regions or States