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Investment Property Petone, Wellington

Suburb Snapshot

Petone is a suburb in the Lower Hutt Region of Wellington. Petone has a population of 6,690 people and 41.28% of its occupants live in rental accommodation. The median listing price for houses is $849,000 and this has changed -2.08% over the past year and changed -5.25% over 2 years.

The median rent in Petone for houses is $720 per week and the median rental yield is 4.41%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 79 days.The median listing price for units is $614,500 and this has changed 0.82% over the past year. The average unit takes 106 days to sell and the median rent for a unit in Petone is $530 per week, producing a rental yield of 4.48%.

Supply & Demand in Petone, Lower Hutt

97,845

Population


31.27%

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 Petone, Lower Hutt

  House Townhouses Units
Median listing price $849,000 $700,000 $614,500
Median price change - last quarter -0.24% -6.54% 1.84%
Median price change - 1 year -2.08% 0.82% 0.82%
Median price change - 2 years -5.25% -6.24% 2.44%
  House Townhouses Units
Median weekly rent $720 $695 $530
Median yield % 4.41% 5.16% 4.48%
Median rent change - 1 year -1.37% -0.71% 1.92%
  House Units
Average days on market 79 106

Petone investment property listings

Showing 5 of 53 investment properties found in Petone on realestateinvestar.co.nz

29 Queen St, Petone

$899,000

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SUN-SOAKED LIVING IN SOUGHT-AFTER QUEEN STREET

Nestled on one of Petone's most sought-after streets, 29 Queen Street offers a rare opportunity to secure a classic, much-loved home just moments from the beach, cafés and vibrant Jackson Street shopping. This delightful three-bedroom property blends charm with potential, making it ...

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House

Wellington 5012


429a Jackson St, Petone

$639,000

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PERFECTLY PETONE

429a Jackson St doesn't try to be fancy — it's clean, modern, private and refreshingly straightforward. The living zone is open and honest which spills out to a sheltered & low maintenance backyard. The kitchen is sharp and simple, built for real cooking, not staging. Two bedrooms with ...

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House

Wellington 5012


47 Te Ara O Paetutu, Petone

$645,000

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Easy living in a great location

Situated within the Te Ara O Paetutu estate this beautifully presented home has the added bonus of a private sunny back area with a sneaky peak of the golf course. The open plan living has a feeling of spaciousness with a high stud and large sliding doors offering excellent ...

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Townhouse

Wellington 5012


15 East St, Petone

$645,000

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A Feast On East!

Stop your searching, we've found it – 15 East Street, Petone - where charm and character meet privacy, modernisation and effortless family living. Someone's in for a treat here and the discerning buyer will spot it a mile away! Every box has been ticked – fully insulated, a new roof and ...

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House

Wellington 5012


21 Collins St, Petone

$899,000

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IMMACULATE- SPACIOUS & RENOVATED

This beautiful home offers 3 double bedrooms plus sunroom or office/study, and boasts a number of renovations you will love. *Re plumbed *Re roofed *Re piled *Modern kitchen & bathroom *Open plan living *Partial double glazing *Gas infinity system *New ...

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Wellington 5012


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