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

12/60 Rintoul St, Newtown

$275,000

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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 ...

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Wellington 6021


7F/11 Newtown Ave, Newtown

$525,000

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Elevated lifestyle in Newtown

Priced super sharply to meet the market from a very competitive $525,000. Presenting 7F/11 Newtown Avenue, - an elevated, sun filled apartment in the heart of one of Wellington's most dynamic suburbs. Positioned within the sought-after 'village' complex, this freshly painted, near new ...

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Wellington 6021


3/1 Rintoul St, Newtown

$759,000

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ICONIC CHARACTER & CITY-FRINGE SOUL

BUYER ENQUIRY OVER $759,000 Few buildings in Wellington evoke the same sense of nostalgia as this iconic Edwardian landmark. Set within the much-loved Wedge building, this grand penthouse apartment pairs enduring character with reassurance, having been earthquake strengthened to 67% ...

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Unit

Wellington 6021


20 Green St, Newtown

$770,000

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Refreshed, refined and move-in ready

This beautifully renovated turn-of-the-century home combines timeless character with modern comfort in the heart of Newtown. Light-filled interiors and carefully considered updates enhance everyday living, while retaining the charm that defines its era. Offering two large bedrooms and a ...

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House

Wellington 6021


305 Mansfield St, Newtown

$1,500,000

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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 ...

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House

Wellington 6021


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