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

18/46 Hiropi St, Newtown

$445,000

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SOUGHT-AFTER LOCATION

Positioned in a highly sought-after location, this appealing two-bedroom unit offers comfortable living, convenience and lifestyle all in one. Enjoy the benefits of a desirable north-facing aspect, allowing plenty of natural light throughout the home, while the outdoor deck provides the ...

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House

Wellington 6021


254 Adelaide Rd, Newtown

$749,000

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Character, Space & Opportunity

Full of charm and offering plenty of space, 254 Adelaide Road presents an exciting opportunity in a convenient Newtown location. With five bedrooms spread across two levels, a sunroom and character features throughout, this property has served as an investment and could continue to do so or become ...

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House

Wellington 6021


202/2 Colombo St, Newtown

$445,000

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CONVENIANT, VIBRANT LIVING

Perfectly positioned in the heart of Newtown Village, this near-new two-bedroom apartment offers an easy-care lifestyle in one of Wellington's most popular and convenient suburbs. Completed in 2022, this low-rise apartment building, with street appeal combines modern living with a ...

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Unit

Wellington 6021


207 Adelaide Rd, Newtown

$795,000

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Contemporary Newtown Residences|207 Adelaide Road

Faisandier Group-a respected local family business with a proven construction track record-is proud to launch its debut Wellington City project. Known for crafting high-quality, expertly designed multi-unit townhouses and apartments built for modern Kiwi life, Faisandier brings family-first values ...

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House

Wellington 6021


15/10 Colombo St, Newtown

$695,000

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NEWTOWN MADE EASY

This modern low-maintenance weatherboard townhouse is situated in one of Wellington's most sought after city-fringe suburbs. This home offers the perfect blend of comfort, convenience, and flexibility. Whether you're upsizing, downsizing, or simply wanting a smarter lifestyle - this one ticks a ...

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Townhouse

Wellington 6021


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