Lyall Bay 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 Lyall Bay, Wellington City

Average House Value

-1.6%
$938,350

Average Rent

$630

Estimated Yield

3.5%

Long Term Capital Growth

6.0%

Ed's Insights

Lyall Bay is a suburb in Wellington City.

3,063 people currently live in Lyall Bay. 37.4% of these people rent.

The average house value in Lyall Bay is $938,350.

That’s down 10.8% from from 2 years ago.

The median rent in Lyall Bay is $630.

Market Insight - Median House Price Trend

Sales Data

Average House Value

-1.6%
$938,350

Median Days to Sell

23

Properties listed for sale in the last month

10

Properties sold in the last 12 months

38

Insights

The average house value in Lyall Bay is $938,350.

On average it takes 23 days to sell a house.

All up 38 properties were sold in Lyall Bay over the last year, and 10 properties were listed for sale in the last month.

Rental Data

Median Rent

$630

Rental properties listed last year

167

Rental properties listed last month

11

Median days to rent

21

Insights

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

Demographic Info

What do tenants in Lyall Bay want?

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

38.8% of tenants in the suburb rent properties with 2 bedrooms.

The most popular number of cars in Lyall Bay is 1 car.

47.9% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Lyall Bay?

How many Cars do renters have in Lyall Bay?