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

45/46 Hiropi St, Newtown

$375,000

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SUNNY NEWTOWN STARTER

BEO $375,000 Positioned in one of Wellington's most sought-after city fringe suburbs, this spacious 50sqm apartment offers an outstanding opportunity to secure a foothold in vibrant Newtown. Enjoy a sunny west-facing outlook from both the living area and bedroom, filling the apartment ...

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Wellington 6021


33 Constable St, Newtown

$1,195,000

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CASH COW, INVESTORS DREAM!

This substantial character four-flat property is superbly located in the heart of Newtown, and only minutes from Wellington Hospital, the vibrant Newtown village, supermarket, cafes, restaurants and bus stop. The house is well positioned on a very sunny site with a large flat lawn area. This ...

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Wellington 6021


19 Colville St, Newtown

$895,000

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PEACEFUL NEWTOWN LIVING

This charming three-bedroom home nestled in the heart of the town belt offers a serene, leafy lifestyle with stunning sea views. Conveniently located near bus routes, shops, cafes, hospitals, and easy access to the CBD, airport, and picturesque bays, it's no wonder Newtown is one of Wellington's ...

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House

Wellington 6021


18/31 Princess Tce, Newtown

$795,000

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STYLISH & SUNNY LIVING IN THE HEART OF NEWTOWN

Positioned in the vibrant heart of Newtown, this immaculate townhouse offers modern, low-maintenance living across three well-designed levels. Light-filled and beautifully presented throughout, the layout provides fantastic separation of spaces, making it ideal for families, professionals, or ...

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Wellington 6021


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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Wellington 6021


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