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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 $975,000 and this has changed 21.88% over the past year and changed NA over 2 years.

The median rent in Te Aro for houses is $660 per week and the median rental yield is 3.52%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 119 days.The median listing price for units is $665,000 and this has changed 11.76% over the past year. The average unit takes 74 days to sell and the median rent for a unit in Te Aro is $570 per week, producing a rental yield of 4.46%.

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 $975,000 $921,500 $665,000
Median price change - last quarter 3.01% 0.38% 1.56%
Median price change - 1 year 21.88% 11.76% 11.76%
Median price change - 2 years NA 46.57% 8.38%
  House Townhouses Units
Median weekly rent $660 $900 $570
Median yield % 3.52% 5.08% 4.46%
Median rent change - 1 year 0.76% 13.92% 5.56%
  House Units
Average days on market 119 74

Te Aro investment property listings

Showing 5 of 82 investment properties found in Te Aro on realestateinvestar.co.nz

1203/166 Victoria St, Te Aro

$649,000

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Deluxe 1 Bedroom Apartment

Buyer Budget up from $649,000 This stunning west facing Apartment in the VSP Northern Tower has a sun drenched outlook and great views! Close proximity to the CBD, Restaurants, Theatres, and amenities. We know you will love it. This will suit first home buyers or investors! The Facts: 1 Double ...

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Wellington 6011


7/14 College St, Te Aro

$895,000

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SPACIOUS INNER-CITY LIVING

This surprisingly spacious, three-bedroom, two-bathroom, 172sqm^ apartment combines character and convenience with sunny indoor-outdoor living and lovely city views. One of only eight in a boutique complex just metres from everything that makes inner-city living so colourful and exhilarating. ...

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Wellington 6011


74/13 College St, Te Aro

$695,000

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TOP SPOT FOR APARTMENT LIVING

Seldom can you buy a modern, purpose-built warm three-bedroom apartment in this price range in such a popular inner-city location. Everything, from produce, cuisine and fashion, is on the doorstep while the waterfront, town belt, and the vibrancy of Courtenay Place and Cuba Street are just a few ...

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Wellington 6011


105/15 Holland St, Te Aro

$680,000

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Dual Key in the City!

When it comes to value for money, few come close to this - a well-maintained apartment, rented to long-standing tenants and yielding attractive returns. This is a fantastic opportunity for a sound investment or those looking for location, lifestyle and convenience with rental income to add to ...

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Unit

Wellington 6011


1408/74 Taranaki St, Te Aro

$570,000

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CENTRAL CITY BEO $570,000

Great City pad or first home. Fantastic location, 64m2 apartment in the heart of the city. Vacant possession can be given. 3 bedrooms and 2 bathrooms. MY VACCINE PASS is not required at this property. Unvaccinated and vaccinated people may attend, although Government Guidelines must be adhered to. ...

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Wellington 6011


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