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Investment Property Favona, Auckland

Suburb Snapshot

Favona is a suburb in the Manukau Region of Auckland. Favona has a population of 8,392 people and 55.07% of its occupants live in rental accommodation. The median listing price for houses is $847,000 and this has changed -3.64% over the past year and changed 3.53% over 2 years.

The median rent in Favona for houses is $700 per week and the median rental yield is 4.30%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 79 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 Favona is NA per week, producing a rental yield of NA.

Supply & Demand in Favona, Manukau

353,550

Population


37.18%

Rental population


1,422,009

Population


35.55%

Rental population


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

Statistical data for Favona, Manukau

  House Townhouses Units
Median listing price $847,000 NA NA
Median price change - last quarter -0.24% NA NA
Median price change - 1 year -3.64% NA NA
Median price change - 2 years 3.53% NA NA
  House Townhouses Units
Median weekly rent $700 $620 NA
Median yield % 4.30% NA NA
Median rent change - 1 year -1.41% 1.64% NA
  House Units
Average days on market 79 NA

Favona investment property listings

Showing 5 of 47 investment properties found in Favona on realestateinvestar.co.nz

28/137 Hall Ave, Favona

$589,000

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Well below purchase price - has to be sold!

A standout property in the area, with many quality attributes at play. 28/137 Hall Avenue is a well-designed and quality-built townhouse located in a boutique development completed approx. 5 years ago. Motivated owners need this property gone. This home boasts a corner position with ...

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Townhouse

Auckland 2024


51 Harriet St, Favona

$789,000

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Great Investment, Guaranteed Rent

This classic brick home offers an appealing combination of size, location and a secure existing tenancy, making it an excellent opportunity for investors looking for a low-hassle investment. The property is currently leased to Housing New Zealand until 29 Feb 2028, with long-term ...

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House

Auckland 2024


18 Regalwood Pl, Favona

$1,028,000

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Magic BRICK & TILE Freehold

Great for today's busy lifestyle is this stunning, modern three bedroom single level house, built of solid brick with tile roof, aluminum joinery complete with internal access garaging and decking, situated on its own north facing sunny freehold level fenced section, in a desirable neighborhood of ...

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House

Auckland 2024


1/131 Favona Rd, Favona

$540,000

property pic

Your first home starts here

Here is an opportunity to step onto the property ladder, add your own value and enjoy the pride of owning your own home. Available separately or together, 1/131 and 2/131 Favona Road each offer two bedrooms, practical living spaces and plenty of potential for buyers who are ready to ...

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House

Auckland 2024


2/131 Favona Rd, Favona

$540,000

property pic

Your first home starts here

Here is an opportunity to step onto the property ladder, add your own value and enjoy the pride of owning your own home. Available separately or together, 1/131 and 2/131 Favona Road each offer two bedrooms, practical living spaces and plenty of potential for buyers who are ready to ...

Get more info on this property
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House

Auckland 2024


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