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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 -5.48% 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 154 days.The median listing price for units is $595,000 and this has changed -11.85% over the past year. The average unit takes 130 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 $967,500 $595,000
Median price change - last quarter 4.02% 4.79% -0.67%
Median price change - 1 year -5.48% -11.85% -11.85%
Median price change - 2 years NA 3.31% -2.88%
  House Townhouses Units
Median weekly rent $750 $750 $580
Median yield % 3.77% 4.03% 5.07%
Median rent change - 1 year -6.25% 0.00% -1.69%
  House Units
Average days on market 154 130

Te Aro investment property listings

Showing 5 of 166 investment properties found in Te Aro on realestateinvestar.co.nz

12/35 Jessie St, Te Aro

$695,000

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STLYLISH, LIGHT-FILLED APARTMENT IN PRIME TE ARO

BEO $695,000 Beautifully designed by ARCHAUS ARCHITECTS, this spacious 86m², two-bedroom, two-bathroom apartment offers outstanding inner-city living - complete with a secure covered car park and storage locker. Positioned for maximum natural light with windows on three ...

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Wellington 6011


10 Alpha St, Te Aro

$1,500,000

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Hyde Lane Penthouse Collection - Final Release

Viewing By Appointment - Contact Christian Smith - 0800 331 431 or 021 622 416 Completed in November 2024 – The Highly Anticipated "Hyde Lane Penthouse Collection" is ready for inspection. Taking advantage of its positioning at the top of Wellington's newest Highrise, these design-led ...

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Wellington 6011


401/22 Herd St, Te Aro

$2,500,000

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CHAFFERS DOCK - WATERFRONT ELEGANCE

Perfectly positioned on the 4th floor of the iconic Chaffers Dock Apartments, this exquisite Art Deco residence offers breathtaking marina views, superb sun, and sophisticated living. The beautifully refurbished interior complements the building's striking Art Deco exterior, showcasing ...

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Wellington 6011


8C/11 Tennyson St, Te Aro

$895,000

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SUPERIOR TE ARO APARTMENT

Modern - Sunny - Smart - Super Central - Car Park Experience premium inner-city living with this impeccably presented two-bedroom apartment in the highly sought-after Republic One. North-facing for maximum sun and ideally positioned just moments from Moore Wilson's, this is city living ...

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Wellington 6011


718/74 Taranaki St, Te Aro

$330,000

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OH SO CENTRAL IN THE CITY

Here's a versatile pad in a vibrant location that suits so many buyers, from those looking for their first home, to professionals who want to live close to work, to parents of university students seeking to invest close to city campuses. And if you're downsizing to enjoy a carefree cosmopolitan ...

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Wellington 6011


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