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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 38 investment properties found in Favona on realestateinvestar.co.nz

18 Regalwood Pl, Favona

$1,039,000

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Magic BRICK & TILE Freehold

100% INTEREST TAX DEDUCTABILITY AS of 1 APRIL 2025 Great for today's busy lifestyle is this stunning, modern three bedroom single level house, built of solid brick with tile roof, aluminium joinery complete with internal access garaging and decking, situated on its own north facing sunny ...

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House

Auckland 2024


63 Tilberg St, Favona

$720,000

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Investor Alert-Sitting tenant until July 2027

This sturdy 2000s family home, crafted from brick , offers an excellent opportunity for investors seeking stable, guaranteed income through Kainga Ora. With 3 double bedrooms, 1 bathrooms, separate toilet, and open-plan living, this low-maintenance 115sqm property provides ample space. Set on ...

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House

Auckland 2024


Lot2/6 Tua Pl, Favona

$785,000

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More Parking Space and Backyard

CCC & Title now issued, grab the bargain and move in before Christmas Positioned in a quiet and highly regarded street, this boutique development offers a rare chance to secure modern duplex living with options to suit a variety of lifestyles. Whether you're a first home buyer, ...

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House

Auckland 2024


7/2 Donnell Ave, Favona

$650,000

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Vendors Under Financial Pressure!

The vendors are under financial pressure and are seeking to ease their mortgage commitments, making this a genuine and time-sensitive opportunity. Their motivation is clear, and the property is here to be sold. This brand-new freehold stand-alone home has been designed with modern ...

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House

Auckland 2024


17A Freda Pl, Favona

$550,000

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Heart & Soul Cottage - 378sqm Freehold

A perfect starter home or downsize, this gorgeous duplex cottage is affordable, comfortable, and rewarding. Superior to any property in its class or price point; the home is luxurious throughout. You will enjoy the new rimu hardwood flooring and matched tiling in the kitchen and bathroom which ...

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House

Auckland 2024


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