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

32/46 Hiropi St, Newtown

$395,000

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SUNNY, LIGHT & WELL LOCATED

If you've been looking for a good start in Wellington's city fringe, 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 ...

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Unit

Wellington 6021


159A Hanson St, Newtown

$1,495,000

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CITY FRINGE CLASSIC CHARM WITH MODERN UPGRADES

Positioned in the vibrant heart of Newtown, this immaculate family home has been thoughtfully renovated to the highest standard, offering a seamless blend of modern comfort, style, and practicality. Designed for easy living and effortless entertaining, the home enjoys a sunny, private, and ...

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House

Wellington 6021


146C Hanson St, Newtown

$785,000

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AS NEW & EFFORTLESSLY STYLISH!

Experience contemporary living in one of Wellington's most vibrant suburbs! Just four years young, this modern 2-bedroom semi-detached townhouse combines style, comfort, and convenience in a sought-after Newtown location. Built with reliability in mind, the home features a durable ...

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Townhouse

Wellington 6021


25 Hall St, Newtown

$1,650,000

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DUAL INCOME OPPORTUNITY

A rare and rewarding opportunity for savvy investors or extended families, this unique property offers two fully self-contained homes on a single title in a highly sought-after city-fringe location. At the front of the property sits a spacious character villa, rich in charm and timeless ...

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House

Wellington 6021


13C Lawrence St, Newtown

$625,000

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LIVE SMART.LIVE CENTRAL.LIVE NEWTOWN.

Positioned in one of Wellington's most popular suburbs, this smart low maintenance townhouse offers the perfect blend of modern comfort and character charm. Built in the early 2000's with timeless weatherboard appeal this freshly repainted home is one of just three, creating a sense of ...

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Townhouse

Wellington 6021


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