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Investment Property Victoria, Bay of Plenty

Suburb Snapshot

Victoria is a suburb in the Rotorua Region of Bay of Plenty. Victoria has a population of 1,954 people and 58.53% of its occupants live in rental accommodation. The median listing price for houses is $550,000 and this has changed -2.40% over the past year and changed NA over 2 years.

The median rent in Victoria for houses is $550 per week and the median rental yield is 5.20%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 102 days.The median listing price for units is $419,000 and this has changed NA over the past year. The average unit takes 131 days to sell and the median rent for a unit in Victoria is $400 per week, producing a rental yield of 4.96%.

Supply & Demand in Victoria, Rotorua

66,521

Population


33.63%

Rental population


271,017

Population


32.26%

Rental population


This is information is brought to you by realestateinvestar.co.nz - The online home for property investors

Statistical data for Victoria, Rotorua

  House Townhouses Units
Median listing price $550,000 NA $419,000
Median price change - last quarter 0.00% NA -10.66%
Median price change - 1 year -2.40% NA NA
Median price change - 2 years NA NA NA
  House Townhouses Units
Median weekly rent $550 NA $400
Median yield % 5.20% NA 4.96%
Median rent change - 1 year 3.77% NA 2.56%
  House Units
Average days on market 102 131

Victoria investment property listings

Showing 5 of 23 investment properties found in Victoria on realestateinvestar.co.nz

24 Eason St, Victoria

$2,350,000

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TEN freehold multi-unit flats in a superb location

Proven performance and high occupancy rate offer the astute investor an excellent opportunity with the promise of sound growth for 2024 and beyond. With a stable and steady income stream you can buy with confidence in a sought after location within close proximity to doctors, schools, shops, ...

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Bay of Plenty 3010


7D Ruihi St, Victoria

$330,000

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Buy One, Or Buy Two

Discover the perfect blend of convenience and comfort in this inviting two-bedroom unit located at 7D Ruihi Street. Boasting a well-designed layout, this home features a separate kitchen, creating a seamless flow throughout the home. Currently tenanted at $440 per week, this property offers a ...

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Unit

Bay of Plenty 3010


17c James St, Victoria

$420,000

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Ideal Investment Opportunity - Buy One or Buy

Step into 17C James Street, a newly renovated unit conveniently located next to another property also for sale. Picture yourself upgrading 17B James Street (right next door) while enjoying the comfort of this updated home. This updated home features an open-plan layout downstairs, ...

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Unit

Bay Of Plenty 3010


17b James St, Victoria

$375,000

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Ideal Investment Opportunity - Buy One or Buy

Opportunity awaits for you to do-up and renovate this three bedroom, two storey unit located at 17B James Street. Adjacent to this is also another unit available for sale, which could lead to a unique property investment! Step inside to find a home with its original features ...

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Unit

Bay Of Plenty 3010


129 Malfroy Rd, Victoria

$2,195,000

property pic

TEN freehold multi-unit flats in a superb location

Proven performance and high occupancy rate offer the astute investor an excellent opportunity with the promise of sound growth for 2024 and beyond. With a stable and steady income stream you can buy with confidence in a sought after location within close proximity to doctors, schools, shops, ...

Get more info on this property
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Other

Bay of Plenty 3010


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