Island Bay Property Market And House Prices
Suburb of Wellington City
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.
Key house price data for Island Bay, Wellington City
Key house price data for Island Bay, Wellington City
Average House Value
Average Rent
Estimated Yield
Long Term Capital Growth
Ed's Insights
Island Bay is a suburb in Wellington City.
7,698 people currently live in Island Bay. 26.0% of these people rent.
The average house value in Island Bay is $1,118,600.
That’s down 12.4% from from 2 years ago.
The median rent in Island Bay is $750.
Market Insight - Median House Price Trend
Sales Data
Average House Value
Median Days to Sell
Properties listed for sale in the last month
Properties sold in the last 12 months
Insights
Here is the sales data that we have for Island Bay.
We currently don't have the number of days to sell a property in this suburb. We're working hard to get this data. Hopefully, it will be available shortly.
Rental Data
Median Rent
Rental properties listed last year
Rental properties listed last month
Median days to rent
| Bedrooms | Rent | Change |
|---|---|---|
2 Bedrooms | $650/week | 8.3% |
Insights
There is no rental data available for Island Bay at this time. We are working hard to get this data. We hopefully will have some shortly.
Demographic Info
What do tenants in Island Bay want?
The most popular number of bedrooms a tenant rents in Island Bay is 3 bedrooms.
33.9% of tenants in the suburb rent properties with 3 bedrooms.
The most popular number of cars in Island Bay is 1 car.
52.7% of residents in the suburb own 1 car.