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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 $685,000 and this has changed -3.52% over the past year and changed 2.53% over 2 years.

The median rent in Whakatane for houses is $600 per week and the median rental yield is 4.55%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 115 days.The median listing price for units is $545,000 and this has changed 1.11% over the past year. The average unit takes 122 days to sell and the median rent for a unit in Whakatane is $435 per week, producing a rental yield of 4.15%.

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 $685,000 $630,000 $545,000
Median price change - last quarter -1.22% 3.53% 2.83%
Median price change - 1 year -3.52% 1.11% 1.11%
Median price change - 2 years 2.53% NA -2.88%
  House Townhouses Units
Median weekly rent $600 NA $435
Median yield % 4.55% NA 4.15%
Median rent change - 1 year 3.45% NA 8.75%
  House Units
Average days on market 115 122

Whakatane investment property listings

Showing 5 of 99 investment properties found in Whakatane on realestateinvestar.co.nz

3005 State Highway 30, Whakatane

$1,150,000

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Bare land with scale!!!

This is a blank canvas just waiting to be painted up the way you want: 20.139ha (50 acres approximately) located on State Highway 30 and within easy commuting distance of Kawerau, Whakatane and Rotorua. This is a rare find in today's market that has already had an extensive amount of drainage and ...

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Rural

Bay of Plenty 3120


42A Stewart St, Whakatane

$680,000

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Central Convenience

Positioned on a rear section, this property is tucked away, private, and more spacious both inside and out than it appears from first glance. It is a lovely, stand-alone 3-bedroom family home with a generous open plan living area and a private, sheltered entertaining deck that overlooks the ...

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House

Bay Of Plenty 3120


63B Peace St, Whakatane

$479,000

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Make This Your New Home or Investment Property

This property presents a fantastic opportunity for first home buyers, investors, retirees, or those seeking to downsize into a more manageable and convenient living space. The features of this home include two bedrooms, one bathroom, a separate toilet, an open plan kitchen, dining, and living area ...

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House

Bay Of Plenty 3120


5 Totara Park, Whakatane

$549,000

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The Perfect Setting to Enjoy Retirement

Positioned in Totara Park, a safe and secure subdivision, this brick and tile two-bedroom townhouse offers single-level living that is sure to appeal to those seeking a peaceful retirement. The open-plan layout seamlessly connects the lounge, dining, and kitchen areas, creating a comfortable and ...

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Townhouse

Bay Of Plenty 3120


1/178 King St, Whakatane

$529,000

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Lock It and Leave It Lifestyle

This property is conveniently located just a short stroll away from shops and local amenities, making it an ideal choice for those seeking convenience and accessibility. Built in the 1980s, this road front townhouse features low maintenance Palliside cladding. Inside, you will find two spacious ...

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Unit

Bay of Plenty 3120


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