Thorndon 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 Thorndon, Wellington City

Average House Value

1.3%
$868,850

Average Rent

$595

Estimated Yield

3.6%

Long Term Capital Growth

4.6%

Ed's Insights

Thorndon is a suburb in Wellington City.

3,867 people currently live in Thorndon. 56.9% of these people rent.

The average house value in Thorndon is $868,850.

That’s down 12.8% from from 2 years ago.

The median rent in Thorndon is $595.

Market Insight - Median House Price Trend

Sales Data

Average House Value

1.3%
$868,850

Median Days to Sell

51

Properties listed for sale in the last month

10

Properties sold in the last 12 months

75

Insights

The average house value in Thorndon is $868,850.

On average it takes 51 days to sell a house.

All up 75 properties were sold in Thorndon over the last year, and 10 properties were listed for sale in the last month.

Rental Data

Median Rent

$595

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

Demographic Info

What do tenants in Thorndon want?

The most popular number of bedrooms a tenant rents in Thorndon is 1 bedroom.

40.7% of tenants in the suburb rent properties with 1 bedroom.

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

47.4% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Thorndon?

How many Cars do renters have in Thorndon?