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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

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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Wellington 6021


143 Coromandel St, Newtown

$895,000

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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 ...

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House

Wellington 6021


35 Colombo St, Newtown

$795,000

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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 ...

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Wellington 6021


165 Hanson St, Newtown

$1,495,000

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A Victorian Masterpiece in a Garden Sanctuary

Absolutely captivating, this beautifully restored Victorian home is filled with soul, elegance and timeless charm. Immaculately presented throughout, it showcases soaring ceilings, honey-toned matai floors, ornate fireplace, classic sash windows and striking bay windows that echo the grandeur of a ...

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House

Wellington 6021


2/84 Rintoul St, Newtown

$435,000

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GREAT BUY PLUS CARPARKING

This charming two-bedroom unit is the ideal opportunity for first-home buyers, downsizers, or savvy investors looking to secure a foothold in one of Wellington's most sought-after suburbs. Tucked away from the main road, it offers peace and privacy while still being just a short, flat stroll to ...

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Unit

Wellington 6021


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