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

17 William St, Petone

$735,000

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BEACHSIDE VIBES!

Welcome to 17 William Street, Petone – Two bedrooms and two living areas! A property that presents a rare opportunity to own a beachside cottage that beautifully fuses character with modern living. Perfect for those seeking a retreat amidst a vibrant community, offering an enviable ...

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Wellington 5012


3E Manchester St, Petone

$319,000

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Sunny one bedroom in Petone

This extremely sunny one bedroom top north facing unit has a smart layout that works well. The living space is generous and open plan, which connects to a modern kitchen. The bedroom is a double and the laundry is combined with the bathroom. Being upstairs and the end unit means your outdoor ...

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Unit

Wellington 5012


2/1 Aurora St, Petone

$460,000

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Perfect In Petone

Step inside this well-appointed 86m² home and prepare to be impressed. The spacious open-plan layout is designed for easy living, with natural light flooding in and panoramic ocean views stealing the show. The master bedroom is substantial in size & the second bedroom is a comfortable double. The ...

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Unit

Wellington 5012


2/25 Britannia St, Petone

$340,000

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Get on the ladder

Here is the best opportunity available for someone starting out wanting to get on the property ladder with a first home or investment property. Situated in Petone, only a short walk to Jackson Street and the beach. This freshly repainted unit also has new floor coverings. The ...

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Unit

Wellington 5012


68 William St, Petone

$1,100,000

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4 Bedrooms - Petone

If you've been waiting for the perfect Petone property, this is it - don't miss your chance! Location plus! * 163sqm (approx.) floor area * 4 double bedrooms, 2 bathrooms including a master ensuite * Modern open-plan kitchen with high-end appliances & breakfast bar * ...

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Wellington 5012


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