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Investment Property Island Bay, Wellington

Suburb Snapshot

Island Bay is a suburb in the Wellington Region of Wellington. Island Bay has a population of 7,433 people and 29.72% of its occupants live in rental accommodation. The median listing price for houses is $995,000 and this has changed -13.10% over the past year and changed 5.05% over 2 years.

The median rent in Island Bay for houses is $800 per week and the median rental yield is 4.18%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 53 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Island Bay is $580 per week, producing a rental yield of NA.

Supply & Demand in Island Bay, 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 Island Bay, Wellington

  House Townhouses Units
Median listing price $995,000 $949,000 NA
Median price change - last quarter 1.96% NA NA
Median price change - 1 year -13.10% NA NA
Median price change - 2 years 5.05% NA NA
  House Townhouses Units
Median weekly rent $800 $780 $580
Median yield % 4.18% 4.27% NA
Median rent change - 1 year 0.63% -2.50% 3.57%
  House Units
Average days on market 53 NA

Island Bay investment property listings

Showing 5 of 42 investment properties found in Island Bay on realestateinvestar.co.nz

110B Clyde St, Island Bay

$1,145,000

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MODERN, PRIVATE AND PERFECTLY POSITIONED

Tucked away down a quiet lane, 110B Clyde Street offers modern, low-maintenance living in one of Wellington's most sought-after suburbs. Whether you're a growing family, busy professional, or simply seeking the Island Bay lifestyle, this contemporary home is a rare find. Thoughtfully designed for ...

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Wellington 6023


67 Rhine St, Island Bay

$695,000

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THE MONEY MAKER! - SUBDIVIDE OR DEVELOP?

Looking for your next profitable project? 67 Rhine Street presents an exciting chance to capitalise on a property with real potential, but it does come with a few speed bumps! While the home requires some TLC and currently has consenting matters to work through, the rewards for the ...

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House

Wellington 6023


57 Rhine St, Island Bay

$1,275,000

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EMBRACING SOPHISTICATION WITH FLAIR & BOLD DESIGN

Unique, stylish, captivating and spacious. A bold, well-presented home that has been attentively brought back to life. Spread over a generous 176sqm of versatile floor area offering various bedroom spaces and living spaces both offering connection to the private oasis of the outdoor living area. ...

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House

Wellington 6023


150A/152 The Pde, Island Bay

$900,000

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BRAND NEW TOWNHOUSES IN ISLAND BAY, WELLINGTON

12 x Brand New 2-Story Townhouses in Island Bay, Wellington. 2 and 3 Bedroom Units available from $900,000 Architecturally designed by award winning Architects Novak & Middleton. Sunny, flat, prime location close to public transport, medical centre, chemist, schools, ...

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Townhouse

Wellington 6023


26 Beach St, Island Bay

$1,100,000

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South Coast meets seclusion and serenity

You couldn't wish for a lovelier south coast escape than this light-filled four-bedroom character home with an amazing garden, including fruit trees, just a street back from the beach that makes Island Bay such a popular place to live. It's superbly presented for indoor-outdoor living, with a ...

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Wellington 6023


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