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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 179 investment properties found in Te Aro on realestateinvestar.co.nz

1/189 The Tce, Te Aro

$525,000

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DOWNSIZE WITHOUT COMPROMISE

Whether you're looking to downsize, find the perfect city base, or secure a central home for your small family, this rare private apartment in Jellicoe Towers could be the one you've been looking for. This light-filled two-bedroom is a standout with fantastic privacy and with its seamless flow to ...

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Wellington 6011


788/233 Cuba St, Te Aro

$600,000

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Central Gem

This apartment is on the 7th of 8 floors within The Wellington Apartments on well known popular Cuba st. It is a dual door (2 doors to main corridor) 1 into kitchen, living ,laundry , 1 master bedroom and bathroom . One (788a) into 2nd bedroom and ensuite, with a seperate door connecting both ...

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Wellington 6011


301/257 Wakefield st, Te Aro

$590,000

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Fabulous 2 Bedroom Apartment in QT Building

Fabulous 2 bedroom apartment located on the 3rd floor of The Apartment side of the QT Hotel. This is a great central location. Open plan living with a balcony facing Wakefield Street. Being an owner will give you access to the swimming pool gym spa and sauna. You can also enjoy the ...

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Wellington 6011


107/10 Alpha St, Te Aro

$775,000

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B R A N D N E W | 2 BED - 2 BATH

Modern - Central - Smart - Ideal Bolt hole SOPHISTICATED CITY LIVING - NEVER LIVED IN! Be the very first to call this stunning 2024-built apartment HOME! Immaculately finished and brilliantly designed, this spacious 2-bedroom, 2-bathroom city haven (68sqm) combines contemporary ...

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Wellington 6011


105/168 Victoria St, Te Aro

$695,000

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B I G O N V A L U E | 2 BED - 2 BATH

Modern - Central - Smart - Spacious OUTSTANDING CONTEMPORARY DESIGN This immaculately presented 2-bedroom, 2-bathroom apartment (79sqm) delivers high-end living in the heart of the city. Built to 100% of current code with enhanced seismic technology, it features double glazing, ...

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Wellington 6011


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