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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

3E Manchester St, Petone

$320,000

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Top location and affordable

This incredibly sunny, north-facing one-bedroom unit is designed to make the most of every space and with new carpet and paint it is ready to move in and live. Positioned as the end unit and tucked away upstairs, it offers a surprising sense of openness and lifestyle convenience. The open ...

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Unit

Wellington 5012


5/46 Cuba St, Petone

$739,000

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Brand new and ready for you!

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 restaurants. Unit 1 - 3bedroom 160m2 $1,029,000.00 (single garage) Unit 2 ...

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House

Wellington 5012


3/58 Cuba St, Petone

$575,000

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True Affordability

for first home buyers. Tucked back from the road in a secure setting, this immaculately presented, low maintenance Lockwood style townhouse offers an outstanding opportunity to step into sought-after Petone living. Featuring two generous bedrooms, 1 & 1/2 bathrooms, open plan ...

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Townhouse

Wellington 5012


46 Cuba St, Petone

$739,000

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Lola Cuba, Free Furniture Package included!

Construction is well underway with tentative completion date of May this year! 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


2/46 Cuba St, Petone

$1,029,000

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3 bedroom, single garage and water views

Construction is well underway with tentative completion date of May this year! 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


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