Elderslea Property Market And House Prices

Suburb of Upper 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.

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Key house price data for Elderslea, Upper Hutt City

Average House Value

7.1%
$746,500

Average Rent

$623

Estimated Yield

4.3%

Long Term Capital Growth

6.6%

Ed's Insights

Elderslea is a suburb in Upper Hutt City.

2,898 people currently live in Elderslea. 28.6% of these people rent.

The average house value in Elderslea is $746,500.

That’s down 5.9% from from 2 years ago.

The median rent in Elderslea is $623.

Market Insight - Median House Price Trend

Sales Data

Average House Value

7.1%
$746,500

Median Days to Sell

31

Properties listed for sale in the last month

9

Properties sold in the last 12 months

47

Insights

The average house value in Elderslea is $746,500.

On average it takes 31 days to sell a house.

All up 47 properties were sold in Elderslea over the last year, and 9 properties were listed for sale in the last month.

Rental Data

Median Rent

$623

Rental properties listed last year

57

Rental properties listed last month

3

Median days to rent

21

Insights

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

Demographic Info

What do tenants in Elderslea want?

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

41.1% of tenants in the suburb rent properties with 2 bedrooms.

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

44.3% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Elderslea?

How many Cars do renters have in Elderslea?