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

36/26 Marion St, Te Aro

$495,000

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SUN - SPACE - STYLE!

Centrally located this top level, light and bright, well-proportioned apartment is awaiting new owners and would suit a city-loving couple, small family or flatmate situation. Step into a spacious open-plan living area featuring numerous floor-to-ceiling windows and high ceilings, ...

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Wellington 6011


603/10A Alpha St, Te Aro

$998,000

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Brand New Apartment in the heart of the City!

$998,000 - Hyde Lane Level 6, Apartment 03 - 2 bed, 2 bath, 68m2 with balcony. Elevated city living in this brand-new, freehold two bedroom apartment with balcony, moments from Courtenay Place. Offering brilliant harbour and city views, generous proportions, and ...

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Wellington 6011


31/72 Tory St, Te Aro

$445,000

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Perfect inner-city living and perfectly affordable

Discover exceptional value with this spacious light-filled two-bedroom apartment. Positioned on level six, and well away from any street noise, this 80sqm (approx.) south-facing home is a quiet city sanctuary. The generous floor plan features a spacious open-plan kitchen, dining and living ...

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Wellington 6011


13E/30 Taranaki St, Te Aro

$765,000

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Central City | Sunny | Views

Discover your dream apartment with stunning views in the heart of the city. Situated on the 13th floor of the sought-after Elevate apartment building, this apartment offers views of the harbour and town belt to the east. The scenery is mesmerising both day and night, making this a truly unique ...

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Wellington 6011


6/42 Vivian St, Te Aro

$460,000

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Move-In Ready, Modern, in the Heart of Wellington!

Freshly updated with a sleek new kitchen, modern finishes, and timeless style, this apartment is the perfect combination of comfort, convenience, and city living. Whether you're looking for your first home, a city pad, or a solid investment, this one's a winner. Light, bright, and easy ...

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Wellington 6011


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