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

309/212 Willis St, Te Aro

$450,000

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SUN-SOAKED CITY LIVING WITH STYLE & CONVENIENCE

Offered for sale for the first time since being purchased off the plans, this immaculate one-bedroom apartment combines contemporary comfort, quality upgrades and an unbeatable inner-city lifestyle. Positioned to enjoy a sunny west-facing aspect, it's a warm, peaceful retreat in the heart of Te ...

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Wellington 6011


27/254 Willis St, Te Aro

$1,095,000

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NO ORDINARY APARTMENT

Character | Light | Soul | 192 sqm | Sub-Penthouse Level Some apartments are built. This one has soul. Welcome to the sub-penthouse level of the Augusta Apartments - the beautifully converted former Wellington Dental School. Vast at 192 sqm over two full floors. Soaring ...

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Wellington 6011


2/20 Garrett St, Te Aro

$590,000

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Stylish City Living with Bonus Flexibility

Perfectly positioned in the heart of vibrant Te Aro, Apartment 2/20 Garrett Street places you at the centre of the cosmopolitan culture and cuisine that make this one of Wellington's coolest and most sought-after neighbourhoods. Offered to the market for the first time since it was ...

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Wellington 6011


310/74 Taranaki St, Te Aro

$369,000

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Great Buying at BEO $369,000

Great location, great on site facilities and 100% NBS. This 2 bedroom unit in the Soho Complex is ready for its next owner. Situated in Taranaki St, its within walking distance to the CBD, both universities, the harbour and Courtenay Place. In other words a prime location. Come and have ...

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Wellington 6011


8H Egmont St, Te Aro

$725,000

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Warehouse Living with Endless Potential

If you've been searching for an apartment with true character rather than another cookie-cutter design, this is an opportunity not to be missed. Set within the iconic Bond Store, this impressive 150sqm warehouse-style apartment blends industrial charm with generous proportions and ...

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Wellington 6011


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