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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 34 investment properties found in Patea on realestateinvestar.co.nz

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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Taranaki 4520


4 Middlesex St, Patea

$320,000

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ENJOY THE VIEWS

This solid 1950s home sits on a good sized flat 842 m2 and looks out over the Patea Golf Course, perfect if you want to improve your swing over summer. The relaxing views and close proximity to the beach make this home the perfect summer get away, rental, starter home or downsize option. Close to ...

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Taranaki 4520


202 Egmont St, Patea

$289,000

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Corner Section, Big Potential

Set on a generous 1122sqm corner section, this four-bedroom, 130sqm villa offers the perfect blend of space, character, and opportunity. Whether you're looking for your next family home, a renovation project, or an investment, this property ticks all of the boxes. Step inside to ...

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Taranaki 4520


6a Lincoln St, Patea

$315,000

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Warm and Cosy

This warm cozy house is located in a safe quiet street, just off the main road in Patea. Walking distance to the local 4 Square, medical centre, pharmacy, library and cafe. Also walking distance to the primary school, aquatic centre and park. This lovely 70's home has open plan ...

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Taranaki 4520


24 Dorset St, Patea

$319,000

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Beauty Within

Tucked away on quiet Dorset Street, this affordable three bedroom home is a smart pick for couples, first-home buyers or investors wanting to get a foot in the door. Full of character, the house was built in the 1950s and still carries some of that vintage charm, while offering key ...

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Taranaki 4520


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