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Investment Property Whakatane, Bay of Plenty

Suburb Snapshot

Whakatane is a suburb in the Whakatane Region of Bay of Plenty. Whakatane has a population of 12,689 people and 37.46% of its occupants live in rental accommodation. The median listing price for houses is $692,500 and this has changed -0.93% over the past year and changed -0.14% over 2 years.

The median rent in Whakatane for houses is $600 per week and the median rental yield is 4.51%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 119 days.The median listing price for units is $495,000 and this has changed -9.84% over the past year. The average unit takes 108 days to sell and the median rent for a unit in Whakatane is $440 per week, producing a rental yield of 4.62%.

Supply & Demand in Whakatane, Whakatane

39,036

Population


33.08%

Rental population


271,017

Population


32.26%

Rental population


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

Statistical data for Whakatane, Whakatane

  House Townhouses Units
Median listing price $692,500 $599,000 $495,000
Median price change - last quarter 2.21% 0.00% -6.05%
Median price change - 1 year -0.93% -9.84% -9.84%
Median price change - 2 years -0.14% NA -1.08%
  House Townhouses Units
Median weekly rent $600 NA $440
Median yield % 4.51% NA 4.62%
Median rent change - 1 year 0.84% NA 10.00%
  House Units
Average days on market 119 108

Whakatane investment property listings

Showing 5 of 145 investment properties found in Whakatane on realestateinvestar.co.nz

35a Victoria Ave, Whakatane

$555,000

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Entertain, Relax, Repeat

Intro… Welcome to 35A Victoria Avenue, a truly unique lifestyle opportunity set quietly off the road in one of Whakatane's most convenient locations. This freehold 412m² (more or less) section is home to a stunning Podlife setup, offering modern comfort, incredible outdoor living, and a touch ...

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Bay Of Plenty 3120


9 Crestwood Rise, Whakatane

$853,500

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Secluded Section, New Build

Ready to settle down at the very end of a secluded street, surrounded by native bush and views of the ocean? Look no further! This Keith Hay Homes house & land package has everything to offer. A LEGACY 110 4-bedroom, 2-bathroom family home, with a central open plan living/kitchen area ...

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Bay Of Plenty 3120


75 Victoria Ave, Whakatane

$679,000

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Solid 60's & superbly situated

75 Victoria Avenue - This timeless1960's brick home offers enduring quality in a location that's hard to beat, making it a smart choice for first-home buyers or downsizers. Lovingly cared for and tastefully updated, this home delivers classic charm, everyday comfort and unbeatable convenience. ...

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Bay Of Plenty 3120


62 Valley Rd, Whakatane

$599,000

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Smart investment or generous first home

Vendors have moved on and are keen to see immediate action! Step inside to find a warm and welcoming interior, featuring a separate lounge complete with a heat pump to keep you cosy through the cooler months. The home also includes a ventilation system for year round comfort. The ...

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Bay Of Plenty 3120


31 White Horse Dr, Whakatane

$1,050,000

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Size Location And Available Immediately

Generous with size, spoilt for location, easy care and immediate possession available. It's all here! -Land area 572m2 -Floor area 226m2 -Gas hob, heat pumps, insulation -2 bathrooms with a separate toilet downstairs, office/study nook - Double garaging with ...

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Bay Of Plenty 3120


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