Leaders Property Management Avg Rent Yield By Suburb

30 March, 2017  |  Beni Tesoriero

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Wellington average gross rent yield = 3.77% - According to QV
Leaders Property Management average gross rent = 7.0%

 

For full report and breakdown by suburb see below..

 

Avg Yield (Leaders PM)

Suburb name 

Avg yield (QV)

(QV suburb groups) 

8.80%

Wellington Central

6.20%

Lambton

8.30%

Thorndon

3.40%

Wadestown/Thorndon

8.30%

Te Aro

5.40%

Te Aro

8.10%

Newtown

4.10%

Vogeltown/Berhampore/Newtown

7.50%

Berhampore

4.10%

Vogeltown/Berhampore/Newtown

6.80%

Mt Cook

3.30%

Mt Cook

6.80%

Northland

2.80%

Northland

6.70%

Hataitai

3.30%

Hataitai

6.50%

Ngaio

3.20%

Ngaio/Kaiwharawhara/Wilton

6.20%

Lyall Bay

3.40%

Kilbirnie/Lyall Bay

6.10%

Johnsonville

4.00%

Johnsonville/Newlands

6.10%

Kilbirnie

3.40%

Kilbirnie/Lyall Bay

6.10%

Mt Victoria

3.00%

Mt Victoria/Roseneath

6.10%

Tawa

3.90%

Tawa/Grenada North

6%

Strathmore

4.20%

Miramar/Strathmore

5.90%

Khandallah

3.50%

Khandallah

5.90%

Miramar

4.20%

Miramar/Strathmore

5.80%

Vogeltown

4.10%

Vogeltown/Berhampore/Newtown

5.70%

Brooklyn

3.70%

Brooklyn

5.70%

Kelburn

3.90%

Kelburn/Aro Valley

5.70%

Kingston

3.70%

Kingston/Happy Valley

5.70%

Oriental Bay

2.80%

Oriental Bay/Seatoun

5.40%

Melrose

3.40%

Island Bay/Melrose

5.40%

Seatoun

2.80%

Oriental Bay/Seatoun

5.30%

Roseneath

3.00%

Mt Victoria/Roseneath

5.20%

Island Bay

3.40%

Island Bay/Melrose

5.20%

Karori

3.70%

Karori

5.10%

Wadestown

3.40%

Wadestown/Thorndon

4.50%

Kaiwharawhara

3.20%

Ngaio/Kaiwharawhara/Wilton

 

 
Leaders Property Management yields calculated on a property by property basis using RV vs rent then averaged. Average market yield calculated based on average rent in suburb vs average home value in suburb based QV E-valuer. See QV website for more info on E-valuer.