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Investment Property Patea, Taranaki

Suburb Snapshot

Patea is a suburb in the South Taranaki Region of Taranaki. Patea has a population of 1,477 people and 34.35% of its occupants live in rental accommodation. The median listing price for houses is $309,000 and this has changed -5.50% over the past year and changed -4.94% over 2 years.

The median rent in Patea for houses is $430 per week and the median rental yield is 7.24%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 131 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 Patea is NA per week, producing a rental yield of NA.

Supply & Demand in Patea, South Taranaki

27,889

Population


32.44%

Rental population


109,583

Population


29.31%

Rental population


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

Statistical data for Patea, South Taranaki

  House Townhouses Units
Median listing price $309,000 NA NA
Median price change - last quarter -0.96% NA NA
Median price change - 1 year -5.50% NA NA
Median price change - 2 years -4.94% NA NA
  House Townhouses Units
Median weekly rent $430 NA NA
Median yield % 7.24% NA NA
Median rent change - 1 year 6.17% NA NA
  House Units
Average days on market 131 NA

Patea investment property listings

Showing 5 of 31 investment properties found in Patea on realestateinvestar.co.nz

159 Egmont St, Patea

$259,000

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Great returns

Dropped the price from $285,000 while I'm doing some renovations I owned 8 other properties in Patea and sold all of them 5 years ago when I retired ..kept this one as my holiday home because it was the only one that felt like a home and not just a house Has large rooms and ...

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Taranaki 4520


12 Norfolk St, Patea

$280,000

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Cottage Charmer

This sweet pea has had some recent upgrades in the last 6 years and is situated just a short distance to the Patea river and walkway to the beach. Double glazing will keep you warm throughout the home with a good-sized heat pump situated to reach the two double-sized bedrooms which are ...

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Taranaki 4520


26 Leicester St, Patea

$215,000

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Your Perfect Lock n Leave

This neat as a pin set up would suit a motorhome enthusiast looking for a base to park up the motorhome and spread out on the tiered quarter acre section which is close to town but private and landscaped. The property is well fenced and has ample parking for a variety of vehicles while ...

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House

Taranaki 4520


7 Norfolk St, Patea

$289,500

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Nest or invest!!! Don't miss it out!!

This little beauty freehold is up for grabs, set on a large 1012 square meters section, the three bedroom home is yours to do with as you dream, create a family home or provide a rental property for those in need, the options are yours to explore. Online valuation OneRoof: ...

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House

Taranaki 4520


14 Leicester St, Patea

$269,000

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Affordable and packed with potential

Looking for value without compromise? This charming 1940s home in the heart of Patea could be just the opportunity you've been waiting for. Set on a freehold section, the home offers three bedrooms, a practical layout, and all the essentials for comfortable everyday living. Whether ...

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House

Taranaki 4520


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