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

4A/11 Tennyson St, Te Aro

$795,000

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PULL UP A STOOL - AND ENJOY!

Pour something nice, settle in at the island and watch the light move across the city. This is an apartment that likes having people over. This immaculate three-bedroom corner apartment sits on the 4th floor of the Republic Apartments on Tennyson Street. North-facing, with windows on ...

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Wellington 6011


413/10 Alpha St, Te Aro

$485,000

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Near-New Living at Hyde Lane

This near-new one-bedroom apartment in the sought-after Hyde Lane development has been barely lived in, offering the opportunity to secure a property in excellent condition. Built to meet the latest building code requirements and offering an upgraded NBS rating, it provides added peace of mind ...

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Wellington 6011


W403/160 Victoria St, Te Aro

$425,000

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City Living Made Easy | Spacious & Modern

Enjoy the best of Wellington's city lifestyle with this spacious one-bedroom apartment, perfectly positioned in the heart of Te Aro. Offering contemporary living, a private balcony and a convenient central location, W403/160 Victoria Street presents an excellent opportunity for first-home buyers, ...

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Wellington 6011


72 tory st, Te Aro

$49,000

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2 Available Secure Access Covered Private Carpark

Covered and secure 24/7 central city carparks, each on independent freehold titles. Many new apartment blocks such as the new Lido have no carparks whatsoever so these are a great option for central parking Contact Sam to discuss on 0211552901 We can also rent one of these on ...

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Wellington 6011


W1105/160 Victoria St, Te Aro

$470,000

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MODERN CITY LIVING

Completed in 2021, this modern one-bedroom apartment presents a wonderful opportunity to secure a tidy, well-presented property in a central city location. Ideal for first-home buyers, professionals, or those seeking a convenient city base, this apartment offers modern living with the best of ...

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Wellington 6011


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