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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 $1,012,500 and this has changed NA 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 3.85%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 93 days.The median listing price for units is $640,000 and this has changed -7.91% over the past year. The average unit takes 132 days to sell and the median rent for a unit in Te Aro is $585 per week, producing a rental yield of 4.75%.

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 $1,012,500 $907,500 $640,000
Median price change - last quarter -7.74% 14.15% -5.19%
Median price change - 1 year NA -7.91% -7.91%
Median price change - 2 years NA -4.26% 0.87%
  House Townhouses Units
Median weekly rent $750 $750 $585
Median yield % 3.85% 4.30% 4.75%
Median rent change - 1 year -6.25% 2.04% 2.63%
  House Units
Average days on market 93 132

Te Aro investment property listings

Showing 5 of 129 investment properties found in Te Aro on realestateinvestar.co.nz

2/66 Ghuznee St, Te Aro

$1,545,000

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ONE OF A KIND. THE FINEST IN URBAN LIVING.

Discover this extraordinary apartment, perfectly located in the heart of Wellington's vibrant CBD. Recently renovated to the highest standards, this stunning residence boasts an array of premium features designed for modern, sophisticated living, while every effort has been made to retain the ...

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House

Wellington 6011


2A/192 Willis St, Te Aro

$395,000

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Pet-Friendly & Airbnb Approved - 7% + YIELD!

Massive Price Drop!!!! BEO $395,000 - Over 7% yield. Looking for a city-central haven that combines comfort, convenience, and charm? Welcome to St Peters Apartments, where this spacious 1-bedroom gem awaits you. Perfectly positioned in the heart of Te Aro, this east-facing apartment offers a view ...

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Unit

Wellington 6011


304/22 Herd St, Te Aro

$2,250,000

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CHAFFERS DOCK AT IT'S BEST

Waterfront - Elegant - Art Deco - Marina Views - Sun PERFECTLY positioned on the 3rd Floor of the much admired and revered Chaffers Dock Apartments. STUNNING outlook to Chaffers Dock marina, Wellington CBD and Oriental Parade. Outstanding views every day - and night. Corner position for better ...

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Unit

Wellington 6011


132/11 Jessie St, Te Aro

$749,000

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ELEGANT INNER-CITY LIVING

**Inspired by the timeless charm of Sydney's Paddington terraces, this beautifully crafted two-bedroom freehold home has been designed with you in mind.** Designed to epitomize the very best of inner-city living, this home offers you a perfect blend of style, comfort, and sophistication. ...

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Wellington 6011


14/254 Willis St, Te Aro

$1,095,000

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Bright and Spacious Augusta Apartment

Located in the iconic Augusta apartment building, this spacious three bedroom apartment has to be seen if you are looking for the ultimate city lifestyle. Enter into the large light filled open plan living area with double height east facing windows, the perfect space to entertain family and ...

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Unit

Wellington 6011


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