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

405/2 Colombo St, Newtown

$380,000

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SMART START IN NEWTOWN

Here's an exciting opportunity for professionals and first-home buyers to enjoy vibrant city-edge living without the city price tag. This sunny, near-new studio apartment offers a smart lifestyle choice just metres from the heart of Newtown and minutes from the CBD. Ideal as a first home, ...

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Wellington 6021


8/24 Princess Tce, Newtown

$825,000

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SUPER SUNNY. LOW MAINTENANCE LIVING.

Here is your opportunity to view this superbly positioned townhouse, located just a short stroll from everything Newtown and the surrounding suburbs have to offer. North-facing and bathed in sunlight throughout the day, this home offers warmth and privacy in a quiet pocket of Newtown. ...

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Townhouse

Wellington 6021


11/26 Normanby St, Newtown

$215,000

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Sun-filled Newtown apartment, best in th...

Looking for a place to call your own, a bolt-hole close to the hospital or a new investment? This light-filled 1 bedroom apartment has been home for 14 years, but now it's time to move on. Features include: • Large living area and double-glazed windows throughout, including European ...

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Wellington 6021


402/2 Colombo St, Newtown

$615,000

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Sunny Two Bedroom Penthouse Apartment

Your sanctuary in the heart of vibrant Newtown awaits. Located just around the corner from the hospital, cafes, restaurants and with public transport and the developing cycle network on your doorstep you can choose to kiss the cost of car ownership goodbye. Completed in 2022 and up ...

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Unit

Wellington 6021


149 Hanson St, Newtown

$1,350,000

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GRAND NEWTOWN VILLA

You will immediately fall in love with this charming spacious 1900's villa the minute you step up to the front door. Oozing stunning character features throughout including wooden floors, high stud, lead light windows and a breath-taking colourful entrance doorway. This home is perfect for ...

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House

Wellington 6021


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