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

6-31 & 32/72 Tory St, Te Aro

$85,000

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85K FOR BOTH - TWO Secure Access Covered Carparks

Covered and secure 24/7 central city carparks, each on independent freehold titles in the Century City Complex in Tory Street, Courtney Place. Fully secure lobby and lift access to and from the carparks via the apartment / hotel entrance. 24/7 CCTV and security patrolled building. ...

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Wellington 6011


19/35 Jessie St, Te Aro

$545,000

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SUNNY CITY SANCTUARY

Enjoying a prized north-facing aspect and an abundance of natural light, this stylish city apartment offers the perfect blend of comfort, convenience, and versatility. Thoughtfully designed for contemporary living, the spacious open plan layout creates an inviting hub for everyday life, while ...

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Unit

Wellington 6011


8I Egmont St, Te Aro

$795,000

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INNER CITY, SPACE, LIFESTYLE

Opportunities like this are rarely available in the highly sought-after Bond Store Apartments on vibrant Egmont Street. Combining timeless character with exceptional scale, this superior inner-city residence offers an impressive 150sqm floor plan designed for comfortable city living without ...

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Wellington 6011


33 Karo Dr, Te Aro

$840,000

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FREEHOLD TOWNHOUSE - HIGH YIELD & PRIME CITY FRING

Positioned in one of Wellington's most desirable city-fringe locations, this contemporary five-bedroom townhouse offers the perfect combination of space, low-maintenance living, and serious investment potential. Whether you're searching for a high-performing addition to your portfolio, ...

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Townhouse

Wellington 6011


72 tory st, Te Aro

$57,000

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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 Fully secure lobby and lift ...

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Wellington 6011


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