Wellington Central 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 Wellington Central, Wellington City

Average House Value

3.7%
$481,450

Average Rent

$465

Estimated Yield

5.0%

Long Term Capital Growth

3.4%

Ed's Insights

Wellington Central is a suburb in Wellington City.

2,124 people currently live in Wellington Central. 67.2% of these people rent.

The average house value in Wellington Central is $481,450.

That’s down 7.6% from from 2 years ago.

The median rent in Wellington Central is $465.

Market Insight - Median House Price Trend

Sales Data

Average House Value

3.7%
$481,450

Median Days to Sell

31

Properties listed for sale in the last month

3

Properties sold in the last 12 months

64

Insights

The average house value in Wellington Central is $481,450.

On average it takes 31 days to sell a house.

All up 64 properties were sold in Wellington Central over the last year, and 3 properties were listed for sale in the last month.

Rental Data

Median Rent

$465

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

Demographic Info

What do tenants in Wellington Central want?

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

44.1% of tenants in the suburb rent properties with 1 bedroom.

The most popular number of cars in Wellington Central is 0 cars.

66.8% of residents in the suburb own 0 cars.

How many Bedrooms do renters have in Wellington Central?

How many Cars do renters have in Wellington Central?