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

39a Churchill St, Whakatane

$469,000

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Smart Buying with Space & Potential

Tucked privately off the road on its own freehold site, this unique three-bedroom home presents a smart opportunity for first-home buyers and investors alike. Currently tenanted on a periodic tenancy at $500pw with scope to increase and compliant with Healthy Homes Standards. The ...

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Bay Of Plenty 3120


36a Garaway St, Whakatane

$540,000

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Comfort and Convenience Combined

Positioned in a central Whakatane location, this front house offers comfortable living with a practical layout and strong future potential. Set on a shared driveway, the home features three bedrooms comprising two doubles and one single, along with two bathrooms to suit everyday living. The open ...

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Bay Of Plenty 3120


16 Kiwi St, Whakatane

$649,000

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Renovated Family Home with Development Potential

Set back thoughtfully on a generous 860m² section, this renovated three bedroom home offers an appealing combination of comfort, space, and future flexibility. Inside, the home has the classic kiwi bungalow feel; light and welcoming. The lounge opens out via double doors to a large ...

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Bay Of Plenty 3120


1255 Braemar Rd, Whakatane

$1,299,000

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Two buildings = Opportunities

Viewing by Appointment Offering modern family living with genuine lifestyle freedom, this impressive property combines a freshly renovated home, a highly versatile KiwiSpan building, and 5.9 hectares of fertile land, all set within a private rural environment. The ...

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Other

Bay Of Plenty 3192


91A Eivers Rd, Whakatane

$625,000

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Compact, Convenient And Care Free

This Versatile home is like new and appointed with quality chattels, overlooks the neighboring park, North facing and captures all day sun. An Ideal property for first-home buyers wanting an easy start, downsizers craving simplicity without compromise or investors seeking a solid ...

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Bay Of Plenty 3120


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