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

2G/49 Manners St, Te Aro

$275,000

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City Pad with Flexible Living

For more information, please copy the following link into your browser: https://www.propertyfiles.co.nz/property/2G49ManSt Positioned in the vibrant heart of Wellington's CBD, this smartly configured apartment offers easy care city living with the flexibility. Whether you're seeking a ...

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Wellington 6011


6A-65/72 Tory St, Te Aro

$45,000

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IT'S A CAR PARK!!

BEO $45,000 Do you need an inner-city, secure, covered carpark? Then this could be right for you. Super central location, at 72 Tory St, Te Aro. Gated and private secure area / floor of Tory St car park building. AVAILABLE FOR IMMEDIATE PURCHASE. See it ...

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Wellington 6011


402/166 Victoria St, Te Aro

$485,000

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Effortless Living in the City Centre

Welcome to effortless city living in the very heart of Wellington - where everything you need is quite literally on your doorstep. Location: Perfectly positioned in a superb central location, you're just minutes from the vibrant waterfront, the energy of Courtenay Place, and the ...

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Wellington 6011


3/307 Willis St, Te Aro

$520,000

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3/307 Willis Street, Te Aro

Tucked into the heart of Te Aro and currently rented out until February 1st 2027 for $575 per week after property managers fees, just a leisurely five-ten minute stroll to Cuba Street and the Wellington Library, this chic two-level apartment makes a statement in both style and convenience with a ...

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Wellington 6011


6/14 Alpha St, Te Aro

$495,000

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CHARACTER FILLED - CITY OASIS

Securely held in the city centre, a boutique low rise complex, a character filled, spacious city home is awaiting its next lucky owner. Drive into secure car parking, a sunny west facing patio and a uniquely fitted out stylish apartment with a sense of space. Some of this homes features ...

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Wellington 6011


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