Back 3/201 Derwent Street
Off Market

3/201 Derwent Street

Island Bay Wellington

2
1
1
70 m²
Unit
Last sold for $517,500
Jason LangeJason Lange, last sold this property on 18 March 2026 after 54 days on market.

Overview

SOLID ISLAND BAY STARTER WITH VIEWS.

Here is your opportunity to come and view this solid two-bedroom home just a stone's throw from Island Bay beach. Ideal for first home buyers, downsizers or as a investment, this unit is positioned in a sought-after location in one of Wellington's most popular suburbs. Further features include: • Two bedrooms with storage. Enjoy stunning views of Island Bay beach from the main bedroom and great sun. • Open plan living and dining space with generous windows and fantastic natural light. • Functional kitchen with scope to add additional value. • Bathroom complete with shower over bath. • Walk out balcony and deck area with access off Derwent Street. • Dedicated parking space for one vehicle. Just minutes' walk to major public transport routes, Island Bay Beach and Island Bay Village this property enjoys the best Island Bay has to offer on your doorstep. With scope to make smart improvements to this solid property, take the opportunity to come and view this property and see what can be achieved. Please contact me to arrange a private appointment today. * Please note some of the images are virtually staged

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
70 m² floor area
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Island Bay over the last 12 months, the estimated median property value of 3/201 Derwent Street is $563.75k.

Median value
$563.75k
Estimated value range
$455k - $616.5k
Median days on market
78
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Island Bay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3/201 Derwent Street

2026
Sold
$517,500
18 Mar 2026 by Jason Lange, of Tommy's Real Estate Wellington City

Happy sellers in Island Bay

59%
59% of sellers in Island Bay reported that their sale price either exceeded or met their price expectations.

Island Bay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 51 reviews in Island Bay over the last 12 months.

Local market activity for 2 bedroom units in Island Bay

In the last 12 months, 3 two-bedroom units similar to 3/201 Derwent Street, have been sold.

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