Naenae 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 Naenae, Lower Hutt City

Average House Value

-0.5%
$609,800

Average Rent

$605

Estimated Yield

5.2%

Long Term Capital Growth

6.8%

Ed's Insights

Naenae is a suburb in Lower Hutt City.

8,358 people currently live in Naenae. 52.3% of these people rent.

The average house value in Naenae is $609,800.

That’s down 11.7% from from 2 years ago.

The median rent in Naenae is $605.

Market Insight - Median House Price Trend

Sales Data

Average House Value

-0.5%
$609,800

Median Days to Sell

32

Properties listed for sale in the last month

11

Properties sold in the last 12 months

74

Insights

The average house value in Naenae is $609,800.

On average it takes 32 days to sell a house.

All up 74 properties were sold in Naenae over the last year, and 11 properties were listed for sale in the last month.

Rental Data

Median Rent

$605

Rental properties listed last year

Not enough data available

Rental properties listed last month

Not enough data available

Median days to rent

Not enough data available

Insights

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

Demographic Info

What do tenants in Naenae want?

The most popular number of bedrooms a tenant rents in Naenae is 2 bedrooms.

41.2% of tenants in the suburb rent properties with 2 bedrooms.

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

44.3% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Naenae?

How many Cars do renters have in Naenae?