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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 38 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


117 Hanson St, Newtown

$735,000

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Happiness on Hanson

All the rooms are full of sun and character and are freshly repainted inside and out, this meticulously maintained home is ready for you to move straight in and enjoy. Bigger than it looks offering three bedrooms, comfortable family living, while the spacious living areas provide plenty ...

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House

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


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