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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 184 investment properties found in Whakatane on realestateinvestar.co.nz

53A Lord Cobham Ave, Whakatane

$555,000

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Relaxing Park Outlook

Fresh to the market, this three-bedroom home is neat as a pin, with recent updates including new carpet and tiling. Positioned to take in relaxing park views, it's one to put at the top of your list. Year round comfort is taken care of with a heat pump and good insulation already in ...

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Bay Of Plenty 3120


47A Henderson St, Whakatane

$729,000

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Fresh, Stylish, Within Reach!

Story… With its striking black exterior and clean architectural lines, 47A Henderson Street presents a modern home that feels fresh, stylish, and effortlessly liveable. Built in 2018 and maintained to an excellent standard, this three-bedroom property is the perfect fit for first-home buyers, ...

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Bay Of Plenty 3120


6 Olympic Dr, Whakatane

$838,000

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Olympic Drive Champion

With easy living in mind, on one level, no steps, low maintenance, private and in a great neighborhood in a sought after street. Have multiple boxes been ticked ? Entry into this property is through a private and secure courtyard. This home has been thoughtfully designed around the ...

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Bay Of Plenty 3120


11A Tui St, Whakatane

$668,000

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Motivated Vendor

My vendor is on the move and is serious about selling !! This extremely tidy, well presented, brick home is move in ready with nothing to do but unpack. Offering open plan living, a light-filled sunny space that opens out to a perfect sized, easy care front garden. Good garaging and low ...

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Bay Of Plenty 3120


50 Churchill St, Whakatane

$569,000

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The Perfect Starter or Investment

Welcome to this well presented three-bedroom home, offering comfort, convenience, and good value on a freehold site. Whether you're searching for your first home or an addition to your investment portfolio, this property ticks all the boxes, all for under $600,000. Step inside and enjoy ...

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Bay Of Plenty 3120


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