Karaka Bays 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 Karaka Bays, Wellington City
Key house price data for Karaka Bays, Wellington City
Average House Value
Average Rent
Estimated Yield
Long Term Capital Growth
Ed's Insights
Karaka Bays is a suburb in Wellington City.
756 people currently live in Karaka Bays. 17.1% of these people rent.
The average house value in Karaka Bays is $1,601,900.
That’s down 10.7% from from 2 years ago.
The median rent in Karaka Bays is $900.
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 Karaka Bays.
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 |
|---|---|---|
1 Bedroom | $490/week | 2.6% |
3 Bedrooms | $750/week | 2% |
4 Bedrooms | $915/week | 6.2% |
Insights
There is no rental data available for Karaka Bays at this time. We are working hard to get this data. We hopefully will have some shortly.
Demographic Info
What do tenants in Karaka Bays want?
The most popular number of bedrooms a tenant rents in Karaka Bays is 2 bedrooms.
38.9% of tenants in the suburb rent properties with 2 bedrooms.
The most popular number of cars in Karaka Bays is 1 car.
66.7% of residents in the suburb own 1 car.