Download your FREE reports now!

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

72 tory st, Te Aro

$47,000

property pic

2 Available Secure Access Covered Private Carpark

Open to offers of other assets as part or complete trades against one or both carparks Covered and secure 24/7 central city carparks, each on independent freehold titles. Fully secure lobby and lift access to and from the carparks via the apartment / hotel entrance. 24/7 CCTV and ...

Get more info on this property
rei

1

rei

1

rei

0

Unit

Wellington 6011


W201/160 Victoria St, Te Aro

$496,000

property pic

Smart City Starter or Savvy Investment

Big, warm, desirable and walkable to everything. Welcome to effortless city living in one of Wellington's most sought-after apartment complexes. This superbly presented one-bedroom apartment offers 52m² of comfort, combining current design with exceptional quality. Perfectly positioned ...

Get more info on this property
rei

1

rei

1

rei

0

Unit

Wellington 6011


421/74 Taranaki St, Te Aro

$329,000

property pic

A Great Rental Yield OR First Home!

Constructed in 2009, the Soho apartments have been the hallmark of Wellingtons apartment landscape for the last 15 years, and counting! Known and loved for their incredibly central location and premium residential amenities, including gym, sauna AND swimming pool - The Soho apartments ...

Get more info on this property
rei

1

rei

1

rei

0

Unit

Wellington 6011


314/12 Martin Square, Te Aro

$275,000

property pic

CITY 2 BEDROOM APARTMENT- SUPREME VALUE!

BEO $275,000 These compact studio apartments in Martin Square have the best location and are the great value buying in the central city. This Apartment was recently refurbished and is in excellent order. This apartment is perfect for family members going to university or ...

Get more info on this property
rei

2

rei

1

rei

0

House

Wellington 6011


5B/130 Vivian St, Te Aro

$800,000

property pic

CENTRAL CITY - INCOME & OPTIONS

Here is an opportunity to obtain a large 7 bedroom apartment located in central Wellington City. This property 'Ticks a Lot of Boxes' and for a number of reasons has always been an easy rental. You could buy this Apartment as a straight investment, accommodation for your student child - ...

Get more info on this property
rei

6

rei

2

rei

0

Unit

Wellington 6011


Navigate to more Suburbs, Regions or States