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Investment Property Whakatane, Bay of Plenty

Suburb Snapshot

Whakatane is a suburb in the Whakatane Region of Bay of Plenty. Whakatane has a population of 12,689 people and 37.46% of its occupants live in rental accommodation. The median listing price for houses is $699,000 and this has changed -0.14% over the past year and changed 10.32% over 2 years.

The median rent in Whakatane for houses is $600 per week and the median rental yield is 4.46%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 106 days.The median listing price for units is $547,000 and this has changed 0.00% over the past year. The average unit takes 130 days to sell and the median rent for a unit in Whakatane is $405 per week, producing a rental yield of 3.85%.

Supply & Demand in Whakatane, Whakatane

39,036

Population


33.08%

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 Whakatane, Whakatane

  House Townhouses Units
Median listing price $699,000 $598,000 $547,000
Median price change - last quarter -2.92% NA 0.92%
Median price change - 1 year -0.14% 0.00% 0.00%
Median price change - 2 years 10.32% NA -0.45%
  House Townhouses Units
Median weekly rent $600 $535 $405
Median yield % 4.46% 4.65% 3.85%
Median rent change - 1 year 6.19% 7.00% 3.85%
  House Units
Average days on market 106 130

Whakatane investment property listings

Showing 5 of 109 investment properties found in Whakatane on realestateinvestar.co.nz

76 Douglas St, Whakatane

$639,000

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Develop or Just Relax and Enjoy the Space

If you are looking for an investment or the opportunity to develop and reap the rewards, this home could be just what you are looking for. With a cosy lounge, sunlit and inundated with natural light, this home has a warm and inviting atmosphere. The kitchen and dining area are open plan and with ...

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Bay of Plenty 3120


77 Salonika St, Whakatane

$575,000

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Classic Character - Renovated Throughout

With a new subdivision having been recently completed, this original, character home has been stunningly renovated throughout to bring you modern living with fresh dressings, all whilst retaining the beautiful character features. This refresh means that we are bringing to you both an amazingly ...

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Bay of Plenty 3120


29 Tuhoe Ave, Whakatane

$465,000

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Investment or First Step

This 3-bedroom, 1 bathroom house located at 29 Tuhoe Avenue in Whakatane is now on the market for $465,000. Built in 1950, this property sits on a spacious 710 sqm land area with a carport space for a vehicle. The interior has been recently painted and recarpeted but will need a few ...

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Bay Of Plenty 3120


27 White Horse Dr, Whakatane

$990,000

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Modern Living in Desirable Location

White Horse Drive is a sought-after Whakatane location, being a short drive to the stunning Ohope Beach and close to the Whakatane CBD. The White Horse subdivision features executive homes surrounded by the stunning native bush, the popular Whakatane bird-walk and terrific neighbours. As you enter ...

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Bay Of Plenty 3120


406/17 Quay St, Whakatane

$1,250,000

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First open home this Friday

A million dollar unimpeded view overlooking the Whakatane River, down to The Heads and out to sea. This freshly decorated apartment not only offers views, it has style and convenience to the Whakatane CBD. • Floor area 133m2 • Two secure and covered carparks • Heat pump, ...

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Unit

Bay Of Plenty 3120


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