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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 $1,095,000 and this has changed NA over the past year and changed NA over 2 years.

The median rent in Te Aro for houses is $800 per week and the median rental yield is 3.80%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $675,000 and this has changed -1.75% over the past year. The average unit takes 121 days to sell and the median rent for a unit in Te Aro is $590 per week, producing a rental yield of 4.55%.

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 $1,095,000 $875,000 $675,000
Median price change - last quarter NA 3.61% 1.48%
Median price change - 1 year NA -1.75% -1.75%
Median price change - 2 years NA -18.56% 1.78%
  House Townhouses Units
Median weekly rent $800 $750 $590
Median yield % 3.80% 4.46% 4.55%
Median rent change - 1 year 0.00% 1.35% 5.36%
  House Units
Average days on market NA 121

Te Aro investment property listings

Showing 5 of 110 investment properties found in Te Aro on realestateinvestar.co.nz

104/72 Tory St, Te Aro

$510,000

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Courtenay Place Precinct

Buyer Enquiries Over $510,000 Don't miss out on the opportunity to invest in this contemporary inner city apartment. Conveniently located in the Courtenay Place precinct, you'll enjoy easy access to Wellington's finest dining, entertainment, and cultural hotspots. The apartment features a modern ...

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Wellington 6011


212 B Victoria St, Te Aro

$445,000

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SUPER CENTRAL AND SECLUDED

Smart, Central, Quiet, Sun, Character A downtown address and well back from the street, away from the inner-city hustle and bustle. Converted in 2004 this boutique apartment block of 9 apartments provides industrial character with modern fittings.. Unit B is on the 1st floor and has ...

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Wellington 6011


10/189 The Tce, Te Aro

$525,000

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THE BEST NEST

Perched high up on the 10th floor of this renowned building by architect Alan Wild is this unique apartment oasis. An elegant and streamlined design means this distinctive building has only one apartment per floor, the result of which is a light filled home with floor to ceiling windows on all ...

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Wellington 6011


1007/11 Courtenay Pl, Te Aro

$520,000

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BRAND NEW INVESTMENT!

This architecturally designed Hyde Lane apartment complex has style and location. Situated in the city offering you convenience and easy living with a short walk to work, the waterfront or many wonderful restaurants. Nestled in among Courtenay Place, the architecturally designed high-rise draws ...

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Wellington 6011


A72/10 Ebor St, Te Aro

$695,000

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One bedroom perfection in the heart of the city.

A stunning west-facing apartment is now available on level 7 of the popular and much sought-after Sanctum apartment complex. Situated right in the middle of town and with lovely views of the garden and great sun, this is a premium option for your inner-city pad. Access to manicured gardens, an ...

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Wellington 6011


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