Southgate 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 Southgate, Wellington City

Average House Value

-0.5%
$1,008,900

Average Rent

Not enough data available

Estimated Yield

Not enough data available

Long Term Capital Growth

5.8%

Ed's Insights

Southgate is a suburb in Wellington City, Wellington. Not all data is currently available for Southgate. But this page summarises the data we do have.

Market Insight - Median House Price Trend

Sales Data

Average House Value

-0.5%
$1,008,900

Median Days to Sell

17

Properties listed for sale in the last month

Not enough data available

Properties sold in the last 12 months

11

Insights

The average house value in Southgate is $1,008,900.

On average it takes 17 days to sell a house.

All up 11 properties were sold in Southgate over the last year, and 0 properties were listed for sale in the last month.

Rental Data

Median Rent

Not enough data available

Rental properties listed last year

14,316

Rental properties listed last month

1,210

Median days to rent

21
BedroomsRentChange
1 Bedroom
$490/week2.6%
3 Bedrooms
$750/week2%
4 Bedrooms
$915/week6.2%

Insights

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

Demographic Info

What do tenants in Southgate want?

The most popular number of bedrooms a tenant rents in Southgate is 3 bedrooms.

38.2% of tenants in the suburb rent properties with 3 bedrooms.

The most popular number of cars in Southgate is 1 car.

56.7% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Southgate?

How many Cars do renters have in Southgate?