FOR SALE

122 The Parade Island Bay, 6023


122 The Parade , Island Bay, 6023
bed4
bathroom2
car2
land464 m2
floor125 m2
Property Type
Residential
Year Built
1949
Last Sold on 23 Nov 2021 for $1,210,000
Settlement Date
10 Dec 2021
Sold By
Tommy's Real Estate Limited, (Licensed: Reaa 2008)
Settlement Date
10 Dec 2021
Sold By
Tommy's Real Estate Limited, (Licensed: Reaa 2008)
1 of 51May 25

Estimated Value Range  

High Confidence
  

Low
High
confidence marker image
$900K
$1.00M

About 122 The Parade, Island Bay, Wellington, 6023

122 The Parade, Island Bay, Wellington, 6023 is a Residential property built in 1949 with 4 bedrooms, 2 bathrooms and 2 parking spaces. The property is estimated to be valued in the range of $900,000 to $1,000,000.

The property last sold on 23 November 2021 for $1,210,000. It was sold by Tommy's Real Estate Limited, (Licensed: Reaa 2008), and took 29 days to sell. On 1 September 2024, 122 The Parade, Island Bay, Wellington, 6023 had a Rating Valuation with a Capital Value of $1,250,000, Land Value of $640,000 and Improvement Value of $610,000.

Property History

DateTypePriceAgent/Agency
13 May 2025ENQUIRIES OVER$945,000Chris Robinson of Tommy's Real Estate Limited, (Licensed: Reaa 2008)
23 Nov 2021SOLD$1,210,000Warrick McCluskey of Tommy's Real Estate Limited, (Licensed: Reaa 2008)
26 Oct 2021ENQUIRIES OVER$1,195,000Warrick McCluskey of Tommy's Real Estate Limited, (Licensed: Reaa 2008)
12 Aug 2014SOLD$444,500Greig Nicholl of Team Wellington Ltd
8 Jul 2014ASKING PRICEPrice Not DisclosedGreig Nicholl of Team Wellington Ltd
23 Aug 2012ENQUIRIES OVER$490,000Bill Mathieson of Tommy's Real Estate Mreinz
6 Dec 2011DEADLINE PRIVATE TREATY$525,000Darren Williams of Tommy's Real Estate
28 Mar 1999SOLD$228,000
17 Jun 1986SOLD$79,000
30 Apr 1985SOLD$75,000
1 Jan 1930SOLD$0
Present Day
13 May
2025
Enquiries Over — $945,000
Listed by Chris Robinson of Tommy's Real Estate Limited, (Licensed: Reaa 2008)
23 Nov
2021
Sold for $1,210,000
3 years 6 months 20 days
Sold by Warrick McCluskey of Tommy's Real Estate Limited, (Licensed: Reaa 2008)
26 Oct
2021
Enquiries Over — $1,195,000
Listed by Warrick McCluskey of Tommy's Real Estate Limited, (Licensed: Reaa 2008)
12 Aug
2014
Sold for $444,500
10 years 10 months
Sold by Greig Nicholl of Team Wellington Ltd
8 Jul
2014
Asking Price — Price Not Disclosed
Listed by Greig Nicholl of Team Wellington Ltd
23 Aug
2012
Enquiries Over — $490,000
Listed by Bill Mathieson of Tommy's Real Estate Mreinz
6 Dec
2011
Deadline Private Treaty — $525,000
Listed by Darren Williams of Tommy's Real Estate
28 Mar
1999
Sold for $228,000
26 years 2 months 15 days
17 Jun
1986
Sold for $79,000
38 years 11 months 26 days
30 Apr
1985
Sold for $75,000
40 years 1 month 13 days
1949
Property Built
1 Jan
1930
Sold for $0
95 years 5 months 11 days

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Rating Valuation

Capital Value
$1,250,000
Land Value
$640,000
Improvement Value
$610,000
Legal Description(s)

Lot 2 Deposited Plan 1443

Valuation Date
01-09-2024
Valuation Reference
17020/29800

Additional Information

Roof Construction
Steel/G-Iron
Zone
Residential Zone A, 9A
Units of Use
2
Wall Construction
Roughcast, etc
Maori Land
No
Territorial Authority
Wellington City
Land Use
Multi-unit

Suburb Insights

Created with Highcharts 7.2.1SuburbJun-2024Jul-2024Aug-2024Sep-2024Oct-2024Nov-2024Dec-2024Jan-2025Feb-2025Mar-2025Apr-2025$500K$600K$700K$800K$900K$1.00M$1.10M$1.20M
Median Sale Price(12 MTH)
$1.05M
Sale Price Change(12 MTH)
2.70%
Avg Days on Market(12 MTH)
20 days
Median Rent(3 MTH)
$650/W
Median Rent Change(12 MTH)
6.00%
Median Rent Yield(12 MTH)
3.10%

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