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

3/25 Britannia St, Petone

$310,000

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Easy Living, Excellent Location!

Looking for an easy care property in a great location? Then this could be the one for you. The home offers comfortable open plan living, a well sized bedroom and a heat pump for year round comfort. The dedicated car park and separate storage shed add valuable convenience, while the body ...

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Unit

Wellington 5012


7/17 Udy St, Petone

$340,000

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Sunny - Cosy & Right in the Heart of Petone

Cute as a button and right in the heart of Petone, this sunny little unit has plenty of appeal for a first home buyer. Upstairs, the bedroom is bathed in sunshine, while downstairs is all about easy open plan living, opening out to your own private deck. The low maintenance garden, complete with a ...

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Unit

Wellington 5012


4/46 Cuba St, Petone

$739,000

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Only One Dual-Ensuite Home Remaining

FURNITURE IN THE PHOTOS INCLUDED! A boutique collection of thoughtfully designed homes in the heart of Petone, Lola Cuba offers elevated living just moments from the beach and Jackson Street's vibrant shops, cafés and restaurants. This beautifully finished two-bedroom, ...

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House

Wellington 5012


5/46 Cuba St, Petone

$689,000

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Brand new and ready for you!

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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House

Wellington 5012


6/130 Richmond St, Petone

$710,000

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Petone Living Made Easy

Immaculately presented and perfectly positioned in popular Richmond Villas, this modern townhouse delivers easy-care living with the very best of Petone right on your doorstep. Constructed in 2023 it still presents like a new home. The location strikes a great balance between lifestyle and ...

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Townhouse

Wellington 5012


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