Waiwhetu Property Market And House Prices

Suburb of Lower Hutt 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.

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Key house price data for Waiwhetu, Lower Hutt City

Average House Value

-4.4%
$733,950

Average Rent

$640

Estimated Yield

4.5%

Long Term Capital Growth

6.1%

Ed's Insights

Waiwhetu is a suburb in Lower Hutt City.

3,996 people currently live in Waiwhetu. 40.4% of these people rent.

The average house value in Waiwhetu is $733,950.

That’s down 8.5% from from 2 years ago.

The median rent in Waiwhetu is $640.

Market Insight - Median House Price Trend

Sales Data

Average House Value

-4.4%
$733,950

Median Days to Sell

32

Properties listed for sale in the last month

7

Properties sold in the last 12 months

49

Insights

The average house value in Waiwhetu is $733,950.

On average it takes 32 days to sell a house.

All up 49 properties were sold in Waiwhetu over the last year, and 7 properties were listed for sale in the last month.

Rental Data

Median Rent

$640

Rental properties listed last year

139

Rental properties listed last month

7

Median days to rent

21

Insights

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

Demographic Info

What do tenants in Waiwhetu want?

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

44.6% of tenants in the suburb rent properties with 2 bedrooms.

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

50.0% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Waiwhetu?

How many Cars do renters have in Waiwhetu?