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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 68 investment properties found in Petone on realestateinvestar.co.nz

13 Plunket Ave, Petone

$869,000

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LOVING THE LOCATION

If Petone is on your shortlist, this home deserves your attention. Full of warmth and personality, this three bedroom bungalow has been a much loved home for its current owners. Inside, the home blends character with modern comfort. Tasteful updates throughout create an inviting feel, ...

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Wellington 5012


433c Jackson St, Petone

$599,000

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HIGHLY MOTIVATED - BRING US AN OFFER

Our owners & their growing family have an offer on another property and need 433C Jackson Street sold as soon as possible! Located in the Paetutu subdivision in Petone, this is a well-designed two bedroom home that showcases the best in high-quality construction with contemporary ...

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House

Wellington 5012


4/28 Scholefield St, Petone

$425,000

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Petone Living Made Simple!

Welcome to 4/28 Scholefield Street- your perfect start in popular Petone! This elevated flat offers comfortable living and great natural light. Step upstairs to discover easy single-level living on the second floor, where a warm and inviting atmosphere greets you. With brand new carpet ...

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Unit

Wellington 5012


Unit G13/2 Campbell Tce, Petone

$505,000

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6% net return for 5 years!

Click this link to view the Property Files: https://www.propertyfiles.co.nz/property/954480003 Unit G13 | $505,000 (Zero Rated) A true set-and-forget investment opportunity in the heart of Petone. Unit G13 is a new 1-bedroom apartment positioned within a modern ...

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Unit

Wellington 5012


15 Atiawa, Petone

$899,000

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Stylish Character Living in the Heart of Petone

Beautifully renovated while retaining its timeless charm, this stunning three-bedroom home offers effortless modern living in one of Petone's most sought-after locations. Step inside to discover a light-filled open-plan living and dining space, complemented by a contemporary kitchen ...

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House

Wellington 5012


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