Back 50 Riddiford Street
Off Market

50 Riddiford Street

Newtown Wellington

4
2
130 m²
384 m²
House
Last sold for $650,000
Mitchell AgnewMitchell Agnew, last sold this property on 10 March 2026 after 21 days on market.

Overview

Hospital-Side Opportunity with Huge Upside

Directly across the road from Wellington Hospital and just moments from the CBD, this is location buying at its most strategic. Elevated above the road for added privacy, with flat, usable outdoor spaces, this character property offers position and potential Let's be clear: it needs work. But in a neighbourhood surrounded by $1m+ homes, we challenge you to find better value for money in such a tightly held location. Currently vacant and previously configured as a home and income investment, the bones are here. For buyers with vision and appetite for a project, the rewards could be significant - Prime city-fringe position directly opposite Wellington Hospital and minutes to the CBD - Elevated setting away from the road offering privacy and separation - Flat, sunny outdoor areas with garden, patio and BBQ space - Home and income investment configuration providing flexibility or potential rental return - Approximately 130sqm^ of floor area ready to rework and revitalise - Four bedrooms across the property with generous living spaces - Original character features offering a base to restore or enhance - Heat pump in each dwelling - 384sqm^ section with scope to further improve or extend (subject to council approval) - Offers are invited upwards from $645,000 There's no disguising it - this is a renovation project in tired condition. But the location is exceptional, the land is usable, and the upside is real. For builders, developers, or determined renovators seeking value for money in a premium setting, this is a rare chance to secure a strategic city-fringe investment - this won't last, see it this Sunday. ^Source of information: Property Guru, Nexus, Wellington City Council (non-verified)

Features

4 bedrooms
2 bathrooms
130 m² floor area
384 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Newtown over the last 12 months, the estimated median property value of 50 Riddiford Street is $1.04m.

Median value
$1.04m
Estimated value range
$650k - $1.34m
Median days on market
21
Estimated value trend
-21%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Newtown. 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 50 Riddiford Street

2026
Sold
$650,000
Sold by Tender on 10 Mar 2026 by Mitchell Agnew, of Lowe & Co Realty (AndCo Realty Limited)

Happy sellers in Newtown

85%
85% of sellers in Newtown reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 28 reviews in Newtown over the last 12 months.

Local market activity for 4 bedroom houses in Newtown

In the last 12 months, 5 four-bedroom houses similar to 50 Riddiford Street, have been sold.

This represents a 50% decrease in four-bedroom houses sales when compared to the previous 12 months.

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