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

256 Adelaide Rd, Newtown

$1,195,000

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ICONIC CORNER CHARACTER HOME

Step into a truly distinctive home that blends timeless character with generous proportions and unique architectural flair. Positioned on a prominent corner site with fantastic sun, this standout residence is defined by its iconic turret, abundant natural light, and versatile living spaces-perfect ...

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House

Wellington 6021


68A Constable St, Newtown

$1,100,000

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Newtown Perfection

Here is a home that perfectly balances the charm of its surroundings with the advantages of modern living. Thoughtfully designed to sit comfortably within the character of the neighbourhood, this freestanding home delivers the peace of mind that comes with contemporary construction, modern ...

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House

Wellington 6021


263 Adelaide Rd, Newtown

$1,150,000

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Sun, Space, Style & Location

Unassuming from the street, this home opens up to reveal a surprisingly spacious and sun-filled home, where character meets modern comfort. Designed for easy living, the layout offers three well-proportioned bedrooms (two at the front are double glazed) alongside two generous living areas, giving ...

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House

Wellington 6021


13 Daniell St, Newtown

$1,295,000

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SUN-SPACE & STYLE IN SOUGHT AFTER NEWTOWN

Bathed in warm west-facing sun and freshly updated for modern living, this spacious four-bedroom home offers the perfect blend of character, flexibility, and location. High stud ceilings enhance the sense of space, while a modern kitchen and fresh exterior paintwork provide an inviting, move-in ...

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House

Wellington 6021


11 Cardall St, Newtown

$595,000

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Freehold. Standalone. Newtown. BEO $595,000

Welcome to a freehold, standalone two-bedroom home, on its own 235sqm section, right here in the heart of Newtown. At an entry level price point. 11 Cardall Street is your chance to secure your own home, your own land, with no body corporate rules, no meetings, and no ongoing fees… all ...

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House

Wellington 6021


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