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Investment Property Te Aro, Wellington

Suburb Snapshot

Te Aro is a suburb in the Wellington Region of Wellington. Te Aro has a population of 9,135 people and 70.37% of its occupants live in rental accommodation. The median listing price for houses is $1,035,000 and this has changed -5.69% over the past year and changed NA over 2 years.

The median rent in Te Aro for houses is $750 per week and the median rental yield is 3.77%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 120 days.The median listing price for units is $595,000 and this has changed -13.14% over the past year. The average unit takes 119 days to sell and the median rent for a unit in Te Aro is $580 per week, producing a rental yield of 5.07%.

Supply & Demand in Te Aro, Wellington

188,175

Population


38.03%

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 Te Aro, Wellington

  House Townhouses Units
Median listing price $1,035,000 $915,000 $595,000
Median price change - last quarter 4.02% 4.79% -0.67%
Median price change - 1 year -5.69% -13.14% -13.14%
Median price change - 2 years NA -7.29% -1.44%
  House Townhouses Units
Median weekly rent $750 $750 $580
Median yield % 3.77% 4.26% 5.07%
Median rent change - 1 year -6.25% -5.66% -2.52%
  House Units
Average days on market 120 119

Te Aro investment property listings

Showing 5 of 190 investment properties found in Te Aro on realestateinvestar.co.nz

10/189 The Tce, Te Aro

$550,000

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A SLICE OF THE GOOD LIFE

Occupying its own entire floor, this exclusive apartment offers a level of privacy, natural light, and outlook that few properties in Wellington can match. With windows on all four sides, the apartment is bathed in all-day sun while framing unbeatable views across the city. Perfectly positioned ...

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Unit

Wellington 6011


3B/1 Clyde Quay Wharf, Te Aro

$4,750,000

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T R A N S C E N D E N C E

No. 1 Clyde Quay Wharf is a truly exceptional offering - architecturally distinct from the seven other buildings on the wharf, this premium block features secure wharf-level parking and a grand private lobby, complete with dual lifts that open directly into your own exclusive foyer. Privacy, ...

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Wellington 6011


1A/2 Clyde Quay Wharf, Te Aro

$1,545,000

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ICONIC - EXCLUSIVE - IRRESISTIBLE

Experience the pinnacle of waterfront living in this beautifully appointed apartment at the prestigious Clyde Quay Wharf. Perfectly positioned in the heart of Wellington, this residence blends architectural excellence with elevated comfort - offering a rare opportunity to own one of New Zealand's ...

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Unit

Wellington 6011


18/25 Tennyson St, Te Aro

$625,000

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SUNNY 3-BED PAD + CAR PARK

This 130sqm^ superbly-located three-bedroom apartment combines fantastic light, convenience and security for everyone from professionals and empty-nesters to out-of-towners seeking a city pad with its own undercover car park plus a storage unit - not that you'll even need a car given everything ...

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Unit

Wellington 6011


3D/82 Cable St, Te Aro

$1,095,000

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Wake Up to Wellington

Start your day with breathtaking harbour views, sunlight streaming through floor-to-ceiling windows, and the vibrant energy of Wellington at your doorstep. This modern three-bedroom apartment in the prestigious Piermont Apartments combines style, comfort, and convenience - all just steps from Te ...

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Wellington 6011


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