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

U607/19 College St, Te Aro

$575,000

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Stylish Living in Sought-After Trinity Apartments

Positioned on the 6th floor of the tightly held Trinity building, this beautifully presented apartment offers the perfect blend of modern style, natural light, and unbeatable city convenience. Ideal for professionals, downsizers, or astute investors, this is a rare opportunity to secure a ...

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Wellington 6011


1A/115 Dixon St, Te Aro

$550,000

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UNI PAD OR CITY HOME

BEO $550,000 Well-proportioned and beautifully presented, this sunny and spacious two double bedroom apartment is ideal for anyone working in the city or looking for a bolt hole for when they are in Wellington. Great UNI pad for kids, large bedrooms with storage and room for desks. ...

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Wellington 6011


43/72 Tory St, Te Aro

$465,000

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IDEAL INNER-CITY RETREAT

Smart - Central - Spacious - Private - Quiet Right in the heart of the city on sought-after Tory Street, this level 6 apartment in Century City offers outstanding inner-city living-whether you're after a smart new home or a solid investment. GENEROUSLY sized at 80 sqm ...

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Wellington 6011


131/72 Tory St, Te Aro

$895,000

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SUNNY AND SPACIOUS CITY PENTHOUSE

Enjoy central city living with this 141 sqm^ penthouse on the top floor of the Century City complex. Spread out over two floors with three bedrooms and two bathrooms, the large North facing windows mean plenty of sun and views out over the roof tops towards the harbour. - Three ...

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Wellington 6011


604/166 Victoria St, Te Aro

$520,000

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Near-New on Victoria Street

BEO $520,000 Welcome to Apartment 604 — a superbly presented one-bedroom, 51m² apartment that combines modern comfort with an unbeatable central location. Positioned on the west side of the building, the living area is a true sun trap, basking in natural light and offering ...

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Wellington 6011


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