Aro Valley Property Market And House Prices

Suburb of Wellington 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 Aro Valley, Wellington City

Average House Value

4.0%
$935,800

Average Rent

$525

Estimated Yield

2.9%

Long Term Capital Growth

5.7%

Ed's Insights

Aro Valley is a suburb in Wellington City.

3,012 people currently live in Aro Valley. 65.7% of these people rent.

The average house value in Aro Valley is $935,800.

That’s down 9.0% from from 2 years ago.

The median rent in Aro Valley is $525.

Market Insight - Median House Price Trend

Sales Data

Average House Value

4.0%
$935,800

Median Days to Sell

31

Properties listed for sale in the last month

4

Properties sold in the last 12 months

29

Insights

The average house value in Aro Valley is $935,800.

On average it takes 31 days to sell a house.

All up 29 properties were sold in Aro Valley over the last year, and 4 properties were listed for sale in the last month.

Rental Data

Median Rent

$525

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 Aro Valley at this time. We are working hard to get this data. We hopefully will have some shortly.

Demographic Info

What do tenants in Aro Valley want?

The most popular number of bedrooms a tenant rents in Aro Valley is 1 bedroom.

31.5% of tenants in the suburb rent properties with 1 bedroom.

The most popular number of cars in Aro Valley is 1 car.

40.7% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Aro Valley?

How many Cars do renters have in Aro Valley?