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

1301/166 Victoria St, Te Aro

$1,795,000

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LUXURY WITHOUT COMPROMISE

Inner City Penthouse living at its finest! Attention to detail is second to none in this penthouse. From the consideration of scale to proportion, views and aesthetic, the Architect, and Interior Designer worked closely with the Vendor to ensure all the requirements of penthouse living ...

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Wellington 6011


1C/40 Cuba St, Te Aro

$615,000

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High NBS. Low Body Corp. Cool Urban Loft Feel

New York style living in the heart of Wellington city! Only two years old, this two bedroom apartment offers a rare mix of design, space, and confidence in a tightly held location. Native wooden flooring, steel framed windows and high stud ceilings give it that true loft feel. Open, ...

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Unit

Wellington 6011


1D/42 Cable St, Te Aro

$945,000

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City Living at Portal

Welcome to the vibrant urban lifestyle of the Portal Apartments on Cable Street. Presenting an exceptional opportunity to live in the heart of the city, don't delay viewing this fabulous contemporary 3-bedroom, 2-bathroom apartment with a north-facing balcony. Perfectly positioned ...

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Unit

Wellington 6011


25/23 Tennyson St, Te Aro

$450,000

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De Vere Delight: Size, Sun & Location

Set within the ever-popular De Vere Apartments, this generously sized two-bedroom residence presents a standout inner-city opportunity. Spanning an impressive 90sqm, the apartment is filled with natural light and offers seamless indoor-outdoor flow to a generous deck - a rare bonus in such a ...

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Townhouse

Wellington 6011


308/142 Vivian St, Te Aro

$549,000

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THE BEST AT DUEL APARTMENTS! PREMIUM INVESTMENT!

These Duel Apartments are located on the best side of the Building with an excellent outlook and sun aspect towards Vic Uni School of Architecture. Configured as a spacious 2 double bedroom apartment + a separate Studio apartment, the upside is yours! Perfect for Investors looking for ...

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Unit

Wellington 6011


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