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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 $610 per week and the median rental yield is 4.58%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 112 days.The median listing price for units is $495,000 and this has changed -9.51% over the past year. The average unit takes 105 days to sell and the median rent for a unit in Whakatane is $430 per week, producing a rental yield of 4.52%.

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% -9.51% -9.51%
Median price change - 2 years -0.14% NA 0.00%
  House Townhouses Units
Median weekly rent $610 NA $430
Median yield % 4.58% NA 4.52%
Median rent change - 1 year 1.67% NA 7.50%
  House Units
Average days on market 112 105

Whakatane investment property listings

Showing 5 of 211 investment properties found in Whakatane on realestateinvestar.co.nz

6 Tane La, Whakatane

$685,000

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A Smart Choice

Located down a right of way on an extremely private section and surrounded by a quiet neighborhood. The iconic, kiwi, Lockwood built homes have been proven to stand the test of time being strong, durable and timeless. - Land area 824m2 - Floor area 90m2 - Log fire, heat ...

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Bay Of Plenty 3120


51 Garaway St, Whakatane

$748,000

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Lockwood With Character Plus Function

Tucked away on a quiet, dead end street, surrounded by mature trees which provide a green leafy outlook and a relaxing vibe. This iconic, kiwi, Lockwood home is perfectly positioned to catch all day sun and sits amongst established food gardens. Recent upgrades have enhanced both ...

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Bay Of Plenty 3120


11a Beach St, Whakatane

$549,000

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Vendor's having a Mid Life Crisis - Must Be Sold

The vendor has said, "I'm having a mid-life crisis and don't want a rental anymore - Someone please take it off my hands so I can travel!". Set down a private driveway on a cross lease section, this three-bedroom, one-bathroom home offers comfortable living with a layout designed for ...

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Bay Of Plenty 3120


22 Ferry Rd, Whakatane

$659,000

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809m2 of Possibility - Live, Rent or Develop

Big land, real opportunity, and options already in play - this is the kind of property buyers wait for. Set on 809m² of freehold land, this tidy home delivers immediate comfort with serious upside. Whether you're stepping onto the ladder, investing smartly, or securing a site with ...

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Bay Of Plenty 3120


23 Hawera St, Whakatane

$660,000

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Sunny Indoor–Outdoor Living on Hawera

Sunny, low-fuss living comes together easily in this two-bedroom Whakatane unit, where solid brick construction and light-filled interiors create a home that's simple to settle into. With a 130m² floor plan, one bathroom and two off-street parks, it offers a comfortable, manageable base for those ...

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Unit

Bay Of Plenty 3120


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