Accommodation in Wellington

Wellington has a unique location, with the city center nestled between Mt Victoria (a great day climb!) and Oriental Bay. Welly - as it is known to Kiwis - is also the home of the Interislander and Bluebridge ferry terminals, which bounce back and forth across the Cook Strait to the South Island. Wellington tends to have more windy days than sunny days and tends to have a cooler, rainier climate than the rest of New Zealand during summer.

Wellington's “livability”

According to livability indexes, Wellington ranks highly in terms of stability, healthcare, culture and environment, and education. It also has a very low crime rate compared to other cities. In fact, in 2021, The Economist Index named Wellington the fourth most liveable city on earth.

One of the things that makes Wellington a particularly livable city is its compact size. The city center is small and easy to navigate, and it's easy to get around on foot or by public transport. This means that you don't have to rely on a car to get around, which can be a significant advantage in terms of cost and convenience.

Wellington is also known for its lively arts and culture scene, with a range of festivals, events, and museums to enjoy year-round, although the summer is an especially vibrant time for outdoor events. The city is home to a number of world-class restaurants and cafes, as well as a range of outdoor activities on your doorstep, including hiking, mountain biking, and water sports.

Overall, Wellington is a popular destination for both tourists and residents, and it's easy to see why. With its attractive location, high quality of life, and vibrant culture, it's a great place to live. Now you just have to figure out which neighborhood best suits your needs!

Neighborhoods in Wellington

Wellington is very hilly, and if that's not bad enough, it is also prone to earthquakes. More modern buildings have been earthquake-proofed, but older houses may not be. Rental properties in Wellington can be hugely variable, from modern apartments to old wooden villas. There are rural options in the outskirts of Wellington, modest suburban homes in the outer suburbs, studios and compact units near the CBD. Basically, the rental market is quite diverse, though some neighborhoods will have their own character and general trends in housing style. To get a good sense of what kind of rental properties are available in Wellington, we recommend looking at TradeMe, which is a great introduction to the style, size, and general aesthetic of New Zealand homes.

Some of Wellington's notable neighborhoods are:

Renting accommodation in Wellington

Because of all the great qualities we've discussed above, demand for rental properties and homes in the city is generally high, which can drive up prices. The average rent for a one-bedroom apartment in Wellington is around NZ$500 per week, while the average rent for a three-bedroom house is around NZ$700 per week. However, prices can vary significantly depending on the location, size, and condition of the property. For example, rent for a one-bedroom apartment in the city center will generally be much higher than in a suburban area. You can use the Tenancy Services website to determine what standard rental prices are in your area to determine if you are paying a fair price.

Leases in Wellington

If you end up renting a place in Wellington, the conditions of your rental will be laid out in your lease. Here are the basics of what you can expect in a typical New Zealand lease agreement:

Remember, before you sign anything, make sure you read and agree to all the terms and conditions in the lease agreement. If you're not sure about something or think the terms are unfair, don't be afraid to ask questions or get help from Tenancy Services.

Buying property in Wellington

In general, only residents and citizens can buy residential properties in New Zealand, though the New Zealand government has developed a tool to assess what you may be able to purchase. If you are on a resident visa in New Zealand, you should be able to purchase a property.

The average house price in Wellington is currently around NZ$850,000, which is significantly higher than the national average of around NZ$700,000. However, prices can vary depending on the location, size, and condition of the property. For example, a house in the city center or in a desirable suburb may be more expensive than a house in a less desirable area.

In recent years, rent and house prices in Wellington have increased significantly, driven by strong demand and limited supply. However, as of 2022, house prices are experiencing a dip.

Still, prices are still very high when compared to international housing markets, but there are steps that you can take to help you find a rental property or home that fits your budget.

The best place to look would be Trade Me, even if you are still overseas. Once you have arrived in New Zealand, get in touch with some real estate agents, and they will be able to help you out. When you first arrive in Wellington, your best options will be Airbnb or extended stays in hostels or hotels while you get a feel for the city and figure out where you would prefer to be based.

If you are committed to buying property in Wellington, there are a few steps to follow. We've broken down the process, from research to transfer of ownership, into six basic steps:


Article written by expat.com
Last update on 18 February 2023 19:48:28
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