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Investment Property New Lynn, Auckland

Suburb Snapshot

New Lynn is a suburb in the Waitakere Region of Auckland. New Lynn has a population of 17,099 people and 40.14% of its occupants live in rental accommodation. The median listing price for houses is $875,000 and this has changed -2.67% over the past year and changed -5.37% over 2 years.

The median rent in New Lynn for houses is $670 per week and the median rental yield is 3.98%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 78 days.The median listing price for units is $620,000 and this has changed 0.98% over the past year. The average unit takes 74 days to sell and the median rent for a unit in New Lynn is $530 per week, producing a rental yield of 4.45%.

Supply & Demand in New Lynn, Waitakere

197,395

Population


32.38%

Rental population


1,422,009

Population


35.55%

Rental population


This is information is brought to you by realestateinvestar.co.nz - The online home for property investors

Statistical data for New Lynn, Waitakere

  House Townhouses Units
Median listing price $875,000 $839,000 $620,000
Median price change - last quarter -1.14% -1.29% 0.00%
Median price change - 1 year -2.67% 0.98% 0.98%
Median price change - 2 years -5.37% -0.73% -8.22%
  House Townhouses Units
Median weekly rent $670 $660 $530
Median yield % 3.98% 4.09% 4.45%
Median rent change - 1 year 1.52% 1.54% 1.92%
  House Units
Average days on market 78 74

New Lynn investment property listings

Showing 5 of 204 investment properties found in New Lynn on realestateinvestar.co.nz

6/19 Gardner Ave, New Lynn

$1,190,000

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1020m2 FREEHOLD HOME AND INCOME POTENTIAL

FLEXIBLE SETLLEMENT OPTIONS This is the home of our dreams, for which we looked for it for more than two years. The main requirements we had when looking for a home, and what is very important those days, the property to be on a safe place, to be in quite and calm area, to be dry ...

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House

Auckland 0600


3/36 Tomo St, New Lynn

$949,000

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Standalone - Ready Now!

This fabulous new home is ready for its first owner and it's a beauty! Spread over 3 levels, it is designed with the family in mind, and includes a bedroom and bathroom on the ground floor which is perfect for grandparents, au pair or maybe a boarder for extra income. The spacious open ...

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Townhouse

Auckland 0600


2/36 Tomo St, New Lynn

$949,000

property pic

Standalone - Ready Now!

This fabulous new home is ready for its first owner and it's a beauty! Spread over 3 levels, it is designed with the family in mind, and includes a bedroom and bathroom on the ground floor which is perfect for grandparents, au pair or maybe a boarder for extra income. The spacious open ...

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Townhouse

Auckland 0600


8/1 Waters Pl, New Lynn

$799,000

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Brand New - Title and CCC Issued!

Set in the popular Central New Lynn precinct, this home is literally only a couple of minutes from the local bus stop, train and bus station and Lynnmall offering tastebud tempting restaurants, convenient New World supermarket and Warehouse/ Bunnings stores. This brand new home offers a ...

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Townhouse

Auckland 0600


2/31 Blease St, New Lynn

$599,000

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NEST OR INVEST IN THIS SECURE LOCATION

Vacant and ready to occupy! This well-presented 2-bedroom unit is tucked away in a peaceful pocket of New Lynn, offering comfort, convenience, and lifestyle. Property Features: * 2 spacious bedrooms * Covered carport * Quiet, private setting * Walking distance to ...

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Unit

Auckland 0600


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