Owhiro 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 Owhiro Bay, Wellington City

Average House Value

2.2%
$890,700

Average Rent

$650

Estimated Yield

3.8%

Long Term Capital Growth

5.5%

Ed's Insights

Owhiro Bay is a suburb in Wellington City.

972 people currently live in Owhiro Bay. 26.9% of these people rent.

The average house value in Owhiro Bay is $890,700.

That’s down 12.0% from from 2 years ago.

The median rent in Owhiro Bay is $650.

Market Insight - Median House Price Trend

Sales Data

Average House Value

2.2%
$890,700

Median Days to Sell

24

Properties listed for sale in the last month

1

Properties sold in the last 12 months

17

Insights

The average house value in Owhiro Bay is $890,700.

On average it takes 24 days to sell a house.

All up 17 properties were sold in Owhiro Bay over the last year, and 1 properties were listed for sale in the last month.

Rental Data

Median Rent

$650

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

Demographic Info

What do tenants in Owhiro Bay want?

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

37.5% of tenants in the suburb rent properties with 2 bedrooms.

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

66.7% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Owhiro Bay?

How many Cars do renters have in Owhiro Bay?