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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

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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3

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House

Gisborne 4010


1 Kent Street and 13 Scott St, Elgin

$0

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Double Deal

What an exceptional opportunity. With the address's of 1 Kent Street and 13 Scott Street, this property is a harmonious blend of practicality and comfort. Here we have a dual-property perfect for investors seeking robust rental returns or families in need of flexible living options. With two homes ...

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House

Gisborne 4010


274 Lytton Rd, Elgin

$0

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Charming Investment: Four Self-Contained Units

274 Lytton Road is a remarkable investment opportunity that seamlessly marries functionality with appeal, making it an excellent choice for savvy investors. This well-maintained property features four self-contained one-bedroom units, each offering tenants a comfortable and private living space in ...

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4

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Unit

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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