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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

3 Warwick St, Patea

$319,000

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Built With Heart - First time on the market!

Never been to the market before, this cherished home on Warwick Street was lovingly built by its owner and has been meticulously maintained throughout its life. The three-bedroom, one-bathroom residence offers a welcoming atmosphere that makes it easy to envision your family settling in. With a ...

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Taranaki 4520


207 Egmont St, Patea

$405,000

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VILLA MAGIC

This four-bedroom villa has all the characteristics that we love in a home of this age, high ceilings, wide hallways and timber flooring. Sitting on a generous 2023 m2 lot of flat fully fenced land this home has more than enough space for the family and pets and has an option of subdividing the ...

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Taranaki 4520


2 B Cambridge St, Patea

$410,000

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Waterfront location. House. Garage.

Two bedroom north facing house overlooking the Patea river. The property has a very nice 240 degree view, privacy included. House is clad in color steel and insulated top, bottom and exterior walls. Roof, in newish condition. The section is elevated with the northern boundary extending down to the ...

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Other

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


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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House

Taranaki 4520


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