Estimate

40 Derwent Street, Island Bay, Wellington

HomesEstimate: $1.01M - $1.14M

3 Beds
1 Bath
1 Park

Freehold

120m² more or less

322m² more or less

3 Bedrooms

1 Bathroom

1 Off-street parking

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HomesEstimate

Updated: 14 May 2026

$1.01M - $1.14M

What is the HomesEstimate?

RentEstimate

Updated: 02 May 2026

$580 - $780 /week

Rental yield

3.3%

What is rental yield?

These are computer-generated price estimates.
To understand your home’s value, get an appraisal from a local agent.

Sale history timeline

11 October 2024

Sold

$1,090,000

01 September 2024

Capital Value

$1,070,000

01 September 2021

Capital Value

$1,430,000

01 September 2018

Capital Value

$880,000

01 September 2015

Capital Value

$600,000

01 September 2012

Capital Value

$560,000

10 October 2010

Sold

$520,000

21 November 2007

Sold

$525,000

21 November 2007

Sold

$525,000

02 November 2005

Sold

$361,000

30 July 2004

Sold

$320,000

17 January 2000

Sold

$350,000

01 January 1920

Decade built

1920

Local Schools

IN ZONE island bay school
Thames Street
337 m
Contributing (Primary), State, 326 enrolled
IN ZONE wellington east girls' college
Austin Street
4 km
Secondary (Year 9-13) (Secondary), State, 1016 enrolled
IN ZONE wellington high school and com ed centre
Taranaki Street
4 km
Secondary (Year 9-13) (Secondary), State, 1679 enrolled

IN ZONE st oran's college
550 High Street
19.1 km
Secondary (Year 7-13) (Intermediate & Secondary), State : Integrated, 507 enrolled
IN ZONE hutt international boys' school
Granville Street
31.1 km
Secondary (Year 7-13) (Intermediate & Secondary), State : Integrated, 655 enrolled
UNZONED island bay playcentre
158 The Parade
179 m
Playcentre (Early Childhood), Community based, 36 enrolled
UNZONED st francis de sales school (is bay)
11 Mersey Street
351 m
Full Primary (Primary & Intermediate), State : Integrated, 204 enrolled
UNZONED island bay kindergarten
100 Melbourne Road
472 m
Free Kindergarten (Early Childhood), Community based, 61 enrolled
UNZONED owhiro bay kindergarten
96 Happy Valley Road
950 m
Free Kindergarten (Early Childhood), Community based, 51 enrolled
UNZONED owhiro bay school
Happy Valley Road
964 m
Contributing (Primary), State, 88 enrolled
OUT OF ZONE houghton valley school
110 Houghton Bay Road
1.4 km
Contributing (Primary), State, 188 enrolled
UNZONED houghton valley playcentre
84 Houghton Valley Road
1.5 km
Playcentre (Early Childhood), Community based, 26 enrolled
OUT OF ZONE berhampore school
105 Britomart Street
1.7 km
Contributing (Primary), State, 267 enrolled
UNZONED berhampore kindergarten
5 Stanley Street
1.9 km
Free Kindergarten (Early Childhood), Community based, 43 enrolled
UNZONED south wellington intermediate
30 Waripori Street
2.2 km
Intermediate (Intermediate), State, 373 enrolled
OUT OF ZONE lyall bay school
Freyberg Street
2.3 km
Contributing (Primary), State, 307 enrolled
OUT OF ZONE te kura o tawatawa - ridgway school
Mornington Road
2.4 km
Full Primary (Primary & Intermediate), State, 213 enrolled
UNZONED st catherines college (kilbirnie)
14 Upper Bourke Street
2.7 km
Secondary (Year 9-13) (Secondary), State : Integrated, 207 enrolled
UNZONED st patrick's school (kilbirnie)
5 Childers Terrace
2.9 km
Full Primary (Primary & Intermediate), State : Integrated, 124 enrolled
UNZONED st annes school (newtown)
14 Daniell Street
3 km
Full Primary (Primary & Intermediate), State : Integrated, 213 enrolled
UNZONED rongotai college
Coutts Street
3 km
Secondary (Year 9-13) (Secondary), State, 726 enrolled
UNZONED st patrick's college (kilbirnie)
581 Evans Bay Parade
3.3 km
Secondary (Year 9-13) (Secondary), State : Integrated, 731 enrolled
OUT OF ZONE wellington college
Dufferin Street
3.8 km
Secondary (Year 9-13) (Secondary), State, 1940 enrolled
UNZONED scots college
1 Monorgan Road
4.1 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), Private : Fully Registered, 1136 enrolled

While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.