Is Wellington Worth Building a Padel Center In?

As of November 2026, Padelnomics counts one padel club in Wellington, New Zealand, or 0.5 padel courts per 100,000 residents, in a city of about 382,000 residents. Its Padelnomics Score, our rating of the opportunity for a new club, is 73 out of 100. Source: Padelnomics, from booking platforms, public map data and official population statistics.

Padel Venues
1
padelnomics Score
73.0/100
Courts/100K
0.5
Population
382K
Key takeaway: Wellington is a standout investment opportunity — strong demand signals, meaningful supply gaps, and unit economics that support new builds.

Yes — Wellington ranks among the most promising locations in New Zealand with a padelnomics Score of 73.0/100. This page breaks down what a padel investment in Wellington costs, what it returns, and how the local market compares — with a financial model you can adjust to your scenario.

The question that matters: given current pricing, occupancy, and build costs, what does a padel investment in Wellington actually return? The financial model below uses the national court prices and occupancy for New Zealand and the country's build costs; the figures measured in Wellington itself are in Research.

What Does a Padel Investment Cost in Wellington?

On national figures for New Zealand, here is what a padel center investment in Wellington looks like:

Wellington, NZ Investment Breakdown
Item Amount Detail
Padel Courts NZD 196,000 4×dbl + 0×sgl
Shipping NZD 11,660
Floor Preparation NZD 23,000
HVAC Upgrade NZD 39,000
Lighting Upgrade NZD 19,000
Fit-Out & Reception NZD 78,000
Permits & Compliance NZD 23,000
Equipment NZD 6,222
Working Capital NZD 29,000
Miscellaneous NZD 11,700
Contingency (10%) NZD 43,658
Total CAPEX NZD 480,240
Per Court NZD 120,060
Per m² NZD 375
LTV 0%
Equity NZD 480,240
Loan NZD 0
Total NZD 480,240

Construction costs vary significantly depending on whether you build an indoor or outdoor facility. Indoor halls in New Zealand run considerably higher — structural build, ventilation, and lighting drive the cost. Outdoor courts are cheaper to construct but limit your operating season and revenue potential. The number of courts is the single biggest lever on total investment: each additional court lowers the per-court cost, but increases your total capital at risk.

Revenue Potential in Wellington

Wellington, NZ Revenue & Operating Costs

Revenue Model

Weighted Rate NZD 58/hr
Utilization Target 20%
Booked Hours/mo 371

Monthly OPEX

Item Monthly Detail
Rent NZD 10,240 1280m² × NZD 8/m²
Insurance NZD 575
Electricity NZD 1,175
Heating NZD 775
Water NZD 250
Maintenance NZD 575
Cleaning NZD 575
Marketing / Software / Misc NZD 675
Staff NZD 7,800 4 × NZD 1950
Total Monthly OPEX NZD 22,640

Monthly Summary

Gross Revenue NZD 26,928
Booking Fees −NZD 2,153
Net Revenue NZD 24,775
Operating Costs −NZD 22,640
EBITDA NZD 2,135
Debt Service NZD 0
Net Cash Flow NZD 2,135

Revenue depends on three factors: court rental pricing, occupancy rates, and ancillary income (coaching, retail, food & beverage). Utilisation swings sharply by time of day and season — evenings and weekends tend to run at or near capacity, while weekday mornings and afternoons have idle courts. Per-venue median hourly rates, booked occupancy over time, and the spread across facilities are part of Padelnomics Research — the inputs above are calibrated from that data.

Financial Returns

Wellington, NZ Returns & Financing

Return Metrics

IRR (5yr) −14.3%
MOIC 0.45x
Payback N/A
Cash-on-Cash 5.5%
Yield on Cost 5.8%
EBITDA Margin 9%

Exit Analysis

Exit Value (6.0x EBITDA) NZD 166,358
Remaining Loan NZD 0
Net Exit NZD 166,358

Financing

Loan Amount NZD 0
Rate / Term 5.0% / 10yr
Monthly Payment NZD 0

The return metrics above show how quickly your investment pays back and what long-term return you can expect. IRR (Internal Rate of Return) is the key metric — it accounts for the time value of money and lets you compare against alternative investments like real estate or equities. A payback period under 5 years is considered solid in the padel industry. These numbers use national figures for New Zealand. Adjust the assumptions in the planner to model your specific scenario.

Adjust these numbers for your own plan → Model it in the Planner

Market Context

Wellington has a low padel density of 0.5 courts per 100K residents. This means less competition and potential first-mover advantage — but also less validated demand data. The rapid growth of padel across New Zealand suggests significant development potential.

Padel is growing rapidly across Europe — many markets are seeing venue counts double within a few years. The sport's relatively low barriers to entry (less space than tennis, faster learning curve for players) continue to drive expansion.

Wellington Market Overview

Metric Value
Courts 2
Courts per 100K residents 0.5
Venues 1
Venues per 100K residents 0.3
padelnomics Score 73.0/100
Data Confidence 100%

FAQ

Is Wellington a good location for a padel center?

Wellington scores 73.0/100 on the padelnomics Score, which evaluates investment potential based on supply gaps, catchment reach, market maturity, and sports culture. A score above 65 signals strong investment potential: meaningful catchment area, supply gaps, and a sports-oriented population. Use the Padelnomics planner to model your specific assumptions.

What is the return on investment for a padel center in Wellington?

ROI depends on build cost, court count, pricing, and occupancy assumptions. The defaults in the model above are calibrated from current market and booking data for Wellington; the specific city- and venue-level inputs (median rates, per-venue occupancy, price trends) are part of Padelnomics Research. Adjust the inputs in the planner to see how your scenario compares.

How much does it cost to build a padel center in Wellington?

Total investment depends on venue type (indoor vs outdoor), land costs, and local construction standards in New Zealand. Typical benchmarks: an indoor court costs around NZD 49,000 for court equipment plus building and fit-out; outdoor courts are significantly cheaper. Use the financial planner for a detailed Wellington cost breakdown.

How many padel courts are there in Wellington?

Wellington has 2 padel courts across 1 venues. With a population of 382K, that translates to 0.5 courts per 100,000 residents.

What are typical padel court rental prices in Wellington?

Padel prices in Wellington vary between peak and off-peak hours, indoor vs outdoor facilities, and facility quality. City- and venue-level medians, P25–P75 spreads, and occupancy rates are part of Padelnomics Research — the inputs in the financial model above are calibrated from that data.

How does Wellington compare to other New Zealand cities?

Wellington's padelnomics Score of 73.0/100 reflects its investment potential among tracked New Zealand cities. See the New Zealand market overview for a full comparison across cities.

Ready to run the numbers for Wellington? → Build your business plan

Two questions worth settling first: how many courts fit on your plot? · will the site get permitted?


More New Zealand padel markets: New Zealand overview