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Investment Property Elgin, Gisborne

Suburb Snapshot

Elgin is a suburb in the Gisborne Region of Gisborne. Elgin has a population of 2,114 people and 48.64% of its occupants live in rental accommodation. The median listing price for houses is $479,500 and this has changed -6.89% over the past year and changed 6.19% over 2 years.

The median rent in Elgin for houses is $650 per week and the median rental yield is 7.05%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 48 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Elgin is NA per week, producing a rental yield of NA.

Supply & Demand in Elgin, Gisborne

43,792

Population


36.69%

Rental population


43,792

Population


36.69%

Rental population


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

Statistical data for Elgin, Gisborne

  House Townhouses Units
Median listing price $479,500 NA NA
Median price change - last quarter -6.80% NA NA
Median price change - 1 year -6.89% NA NA
Median price change - 2 years 6.19% NA NA
  House Townhouses Units
Median weekly rent $650 NA NA
Median yield % 7.05% NA NA
Median rent change - 1 year 4.00% NA NA
  House Units
Average days on market 48 NA

Elgin investment property listings

Showing 5 of 11 investment properties found in Elgin on realestateinvestar.co.nz

89 Birrell St, Elgin

$480,000

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Solid 1920s Family Home with Development Potential

Here's a rare chance to secure a solid 1920s weatherboard home on a generous 1080m² section in the heart of Elgin. This four-bedroom character home offers plenty of space for families, first-home buyers, or those looking for a property with future potential. - Four bedrooms with ...

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Gisborne 4010


759 Childers Rd, Elgin

$509,000

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Comfort on Childers

This solid home offers plenty of potential with original decor throughout giving you the choice to add your own touches or enjoy it as is. A separate living area provides space to relax, while the sunny, private deck overlooks a generous section, perfect for outdoor enjoyment. Sunny, private deck ...

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House

Gisborne 4010


9 Munro St, Elgin

$390,000

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Nest or invest

A golden opportunity awaits the discerning investor or home buyers looking for an affordable property in the entry level price range into real estate. Built to stand the test of time with an easy maintenance exterior, a living room with a warm sunny aspect, numerous shed spaces at the rear and ...

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House

Gisborne 4010


8 Waverley St, Elgin

$0

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Renovated and ready for you!

Sitting proudly on a very large 1092 sqm section, this four-bed gracious Villa has been renovated throughout, providing stylish living for the whole family. With four bedrooms (or three and an office) brand-new bathroom and gorgeous kitchen, you will love living here. Not only is this ...

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House

Gisborne 4010


25a and 25b Manuka St, Elgin

$0

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Multi-property opportunity on Manuka St

This exceptional multi-property setup is a rare gem in today's market, perfect for investors seeking lucrative returns. Comprising two titles, the properties both feature well-presented houses with three bedrooms to the front of the section and a two-bedroom additional house to the rear. This ...

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House

Gisborne 4010


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