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

14C Nelson St, Petone

$535,000

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BEACHSIDE LIVING

Looking to live the beachside dream? This renovated 2-bedroom brick and tile unit, just a stone's throw from Petone Beach, strikes the perfect balance of affordability and convenience. Picture starting your day with a refreshing walk along the beach, or winding down with a peaceful ...

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House

Wellington 5012


6A Nelson St, Petone

$1,275,000

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ESPLANADE VIEWS & AIRBNB INCOME

Kia Ora, and welcome to 6A Nelson Street, Petone. Less than a block from the Petone Esplanade, with harbour views from your upper deck and over $30,000 gross annual Airbnb income already flowing, this is one of those rare properties that works just as well as an investment as it does ...

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House

Wellington 5012


46 Cuba St, Petone

$699,000

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Private and peaceful central living

NOW MOVE IN READY! FURNITURE IN THE PHOTOS INCLUDED! A boutique collection of just seven thoughtfully designed homes in the heart of Petone, Lola Cuba offers elevated living just moments from the beach, Jackson Street's vibrant shops, cafés, and ...

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Townhouse

Wellington 5012


15/337 Jackson St, Petone

$609,000

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Petone at Your Doorstep

Welcome to 15/337 Jackson Street, Petone -The perfect blend of modern living with urban convenience. This two-bedroom, one-bathroom residence offers a spacious 78sqm of well-designed living space, ideal for first-time buyers, downsizers, investors or professionals! Step inside to ...

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Wellington 5012


7/374 Jackson St, Petone

$539,000

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Petone Apartment Living Made Easy

Could apartment living be the perfect fit for you? Just a short walk to the beach and all the shopping, cafes, and lifestyle attractions that Petone has to offer, this is luxury living at an affordable price. Ideal for singles or couples wanting comfort, convenience, and an easy-care lifestyle, ...

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Unit

Wellington 5012


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