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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 $854,000 and this has changed -2.84% over the past year and changed -1.79% over 2 years.

The median rent in Favona for houses is $710 per week and the median rental yield is 4.32%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 73 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 $854,000 NA NA
Median price change - last quarter -5.90% NA NA
Median price change - 1 year -2.84% NA NA
Median price change - 2 years -1.79% NA NA
  House Townhouses Units
Median weekly rent $710 $620 $600
Median yield % 4.32% NA NA
Median rent change - 1 year 1.43% 3.33% 13.21%
  House Units
Average days on market 73 NA

Favona investment property listings

Showing 5 of 29 investment properties found in Favona on realestateinvestar.co.nz

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


3A Dewhurst Pl, Favona

$799,000

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PRICED TO SELL !!

Information Pack: https://vltre.co/CYBaKO Welcome to your dream home at 3A Dewhurst Place, a beautifully maintained brick and tile property built in 2021, situated in the thriving Favona area. This exceptional rear home offers a perfect blend of comfort and modern living, making it ...

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House

Auckland 2024


15 Harriet St, Favona

$980,000

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Affordable Freestanding Five Bedroom House

Nestled on a 319 sqm section, this freehold, freestanding home offers an ideal living space for large families or savvy investors. Spanning two levels, the property boasts 5 double bedrooms, 2 combined bathrooms, a separate lounge, and an open-plan dining area. A single garage and additional ...

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House

Auckland 2024


53 Tilberg St, Favona

$650,000

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Secure Rental Investment - Overseas Vendor Selling!

Constructed from brick and weatherboard, this substantial family home from the 2000s presents a great opportunity for investors looking for a reliable source of income through Housing New Zealand. With two stories of open-plan living, four double bedrooms, and two bathrooms, this low-maintenance ...

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House

Auckland 2024


30 Pate Cres, Favona

$1,025,000

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Spacious Easy-Care Modern Home!

Look no further if you are looking for a spacious home for yourself and/or your extended family. This low maintenance solid brick home offers space for everyone with a floor area of 171m2. As you walk in, this home welcomes you into a spacious lounge along with open plan modern kitchen/dining. As ...

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Auckland 2024


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