Eastbourne Property Market And House Prices

Suburb of Lower Hutt City

Ed McKnight

Author: Ed McKnight

Our Resident Economist, with a GradDipEcon and over five years at Opes Partners, is a trusted contributor to NZ Property Investor, Informed Investor, Stuff, Business Desk, and OneRoof.

Last Updated:

Key house price data for Eastbourne, Lower Hutt City

Average House Value

2.1%
$1,142,000

Average Rent

$675

Estimated Yield

3.1%

Long Term Capital Growth

5.0%

Ed's Insights

Eastbourne is a suburb in Lower Hutt City.

2,664 people currently live in Eastbourne. 14.3% of these people rent.

The average house value in Eastbourne is $1,142,000.

That’s down 12.0% from from 2 years ago.

The median rent in Eastbourne is $675.

Market Insight - Median House Price Trend

Sales Data

Average House Value

2.1%
$1,142,000

Median Days to Sell

44

Properties listed for sale in the last month

5

Properties sold in the last 12 months

39

Insights

The average house value in Eastbourne is $1,142,000.

On average it takes 44 days to sell a house.

All up 39 properties were sold in Eastbourne over the last year, and 5 properties were listed for sale in the last month.

Rental Data

Median Rent

$675

Rental properties listed last year

3,328

Rental properties listed last month

316

Median days to rent

21
BedroomsRentChange
1 Bedroom
$432/week1.7%
2 Bedrooms
$620/week3.3%
3 Bedrooms
$700/week0.1%
4 Bedrooms
$785/week0.3%

Insights

There is no rental data available for Eastbourne at this time. We are working hard to get this data. We hopefully will have some shortly.

Demographic Info

What do tenants in Eastbourne want?

The most popular number of bedrooms a tenant rents in Eastbourne is 3 bedrooms.

34.0% of tenants in the suburb rent properties with 3 bedrooms.

The most popular number of cars in Eastbourne is 1 car.

51.9% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Eastbourne?

How many Cars do renters have in Eastbourne?