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

603/19 College St, Te Aro

$845,000

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LOCATION, LIFESTYLE & CONVENIENCE

Positioned in the heart of the action, this apartment puts everything you need right at your doorstep. With Moore Wilson's directly across the road and an array of cafes, restaurants, bars, cinemas, shops and public transport options close by, you can leave the car at home and enjoy the very best ...

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Unit

Wellington 6011


3b/6 Clyde Quay Wharf, Te Aro

$1,995,000

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PENTHOUSE PERFECTION

Positioned on the penthouse level of the prestigious Clyde Quay Wharf development, this exceptional two-bedroom apartment combines generous proportions, soaring ceilings and captivating views across the harbour, yachts and city. The spacious open-plan kitchen, dining and living area ...

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Wellington 6011


12/4 Frederick St, Te Aro

$595,000

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Central, Sunny and Surprisingly Spacious

Offering an impressive 113sqm of space in a convenient central-city setting, this beautifully presented two-bedroom, two-bathroom apartment delivers comfort, flexibility and effortless urban living. The generous open-plan living and dining area connects seamlessly to a sunny, private ...

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2

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Wellington 6011


17/3 Kelvin Grove, Te Aro

$595,000

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Upgraded City Living, Ready to Enjoy

Perfectly positioned in the heart of Central Wellington. Just moments from the energy of Cuba Street, this recently upgraded home offers a fresh, modern feel with plenty of natural warmth and convenience. The home has been given a smart refresh with new carpet and paint throughout, ...

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Wellington 6011


E1401/160 Victoria St, Te Aro

$749,000

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IT'S ALL ABOUT THE VIEWS

Positioned right in the heart of Wellington's vibrant CBD, this smartly designed, super sunny two-bedroom apartment offers the perfect balance of city energy and everyday comfort. Located on the 14th level, this apartment has the advantage of the most spectacular city and sea views from every ...

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2

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Unit

Wellington 6011


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