Market rent
Find out what the weekly rent is for properties in your area.
Market rent in Newlands (Wellington) 01 Dec 2023 - 31 May 2024
- Bonds 942
- Lower ($)573
- Median ($)670
- Upper ($)750
Find the market rent in your area
Wellington - Newlands 01 Dec 2023 - 31 May 2024
Apartment |
|||||
| Size | Active bonds | Lower Quartile | Median Rent | Upper Quartile | |
|---|---|---|---|---|---|
| 2 bedrooms | 27 | $578 | $625 | $650 | |
Flat |
|||||
| Size | Active bonds | Lower Quartile | Median Rent | Upper Quartile | |
|---|---|---|---|---|---|
| 2 bedrooms | 93 | $498 | $570 | $583 | |
House |
|||||
| Size | Active bonds | Lower Quartile | Median Rent | Upper Quartile | |
|---|---|---|---|---|---|
| 2 bedrooms | 141 | $520 | $555 | $598 | |
| 3 bedrooms | 426 | $668 | $720 | $760 | |
| 4 bedrooms | 108 | $750 | $780 | $873 | |
| 5+ bedrooms | 27 | $848 | $890 | $1213 | |
Room |
|||||
| Size | Active bonds | Lower Quartile | Median Rent | Upper Quartile | |
|---|---|---|---|---|---|
| 1 bedroom | 15 | $300 | $300 | $300 | |
This data is updated monthly and contains bond information from the previous 6 months (not including the most recent month). For example, the update in February will include bond information from 1 July - 31 December.
It is a useful guide for landlords and tenants but should not be used alone to determine the market rent of any property.
The default market rent area displayed is based on your IP address.
The market rent amount listed is weekly rent.
The total bond in the green box above includes all bonds. The 'active bonds' column of the data for each dwelling type below includes all current bonds for the 6 month period.
Market rent explained has more information.
