Mount Victoria 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 Mount Victoria, Wellington City

Average House Value

-2.1%
$1,090,200

Average Rent

$590

Estimated Yield

2.8%

Long Term Capital Growth

4.8%

Ed's Insights

Mount Victoria is a suburb in Wellington City.

5,007 people currently live in Mount Victoria. 63.6% of these people rent.

The average house value in Mount Victoria is $1,090,200.

That’s down 13.8% from from 2 years ago.

The median rent in Mount Victoria is $590.

Market Insight - Median House Price Trend

Sales Data

Average House Value

-2.1%
$1,090,200

Median Days to Sell

24

Properties listed for sale in the last month

3

Properties sold in the last 12 months

61

Insights

The average house value in Mount Victoria is $1,090,200.

On average it takes 24 days to sell a house.

All up 61 properties were sold in Mount Victoria over the last year, and 3 properties were listed for sale in the last month.

Rental Data

Median Rent

$590

Rental properties listed last year

712

Rental properties listed last month

61

Median days to rent

21
BedroomsRentChange
1 Bedroom
$505/week3.1%
2 Bedrooms
$625/week0.8%
3 Bedrooms
$800/week5.6%

Insights

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

Demographic Info

What do tenants in Mount Victoria want?

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

38.7% of tenants in the suburb rent properties with 2 bedrooms.

The most popular number of cars in Mount Victoria is 1 car.

48.4% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Mount Victoria?

How many Cars do renters have in Mount Victoria?