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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 $849,000 and this has changed -3.41% over the past year and changed -2.22% over 2 years.

The median rent in Favona for houses is $700 per week and the median rental yield is 4.29%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 74 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 $600 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 $849,000 NA NA
Median price change - last quarter 1.43% NA NA
Median price change - 1 year -3.41% NA NA
Median price change - 2 years -2.22% NA NA
  House Townhouses Units
Median weekly rent $700 $620 $600
Median yield % 4.29% NA NA
Median rent change - 1 year 0.00% 3.33% 3.45%
  House Units
Average days on market 74 NA

Favona investment property listings

Showing 5 of 30 investment properties found in Favona on realestateinvestar.co.nz

25 Dewhurst Pl, Favona

$950,000

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Stable Investment or Perfect Family Home

This versatile 3-bedroom home in Mixed Housing Suburban Zone, built in the 1980s, is ideal for families or investors. Located in a friendly neighbourhood with long-term tenants who are happy to stay, this property offers a stable income stream or the potential to become your dream family ...

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House

Auckland 2024


18 Regalwood Pl, Favona

$1,049,000

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Magic BRICK & TILE & Add no permit dwellings

Being sold as a GOING CONCERN. Two Year Brightline test NOW Government announces plans for no permit new dwellings. $$$ 80% INTEREST TAX DEDUCTABILITY AS of 1 APRIL 2024/ 2025 100% Great for today's busy lifestyle is this stunning, modern three bedroom single level house, built of ...

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House

Auckland 2024


8 Karetai Cres, Favona

$1,050,000

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Stylish & Expansive Family Home on Freehold Title

Welcome to this stunning modern four bedroom, three bathroom home, designed for contemporary living and situated on a freehold title. Built in 2016, this move-in-ready property boasts a spacious two level layout that perfectly balances style and functionality. The lower level is an entertainer's ...

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House

Auckland 2024


96-102 Walmsley Rd, Favona

$699,000

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Precise on Walmsley

Secure the Final Three Properties at Precise on Walmsley Today! These low maintenance terraced houses boast a practical floor plan with modern finishing such as double glazed windows, digital lock on front aluminum door, LED lights and quality appliances. Choose from 2 or 3 bedroom options that ...

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Townhouse

Auckland 2024


23/137 Hall Ave, Favona

$567,000

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Below $600K in Auckland with Car Parking

Your best investment opportunity, recently rented for $620pw. First home buyers take a look! Our vendor will consider all offers. Built in 2020 and strategically located close to everything in Favona, is this affordable and very charming brick townhouse. The home offers the convenience of a second ...

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Townhouse

Auckland 2024


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