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Investment Property Patea, Taranaki

Suburb Snapshot

Patea is a suburb in the South Taranaki Region of Taranaki. Patea has a population of 1,477 people and 34.35% of its occupants live in rental accommodation. The median listing price for houses is $309,000 and this has changed -5.50% over the past year and changed -4.94% over 2 years.

The median rent in Patea for houses is $430 per week and the median rental yield is 7.24%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 131 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Patea is NA per week, producing a rental yield of NA.

Supply & Demand in Patea, South Taranaki

27,889

Population


32.44%

Rental population


109,583

Population


29.31%

Rental population


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

Statistical data for Patea, South Taranaki

  House Townhouses Units
Median listing price $309,000 NA NA
Median price change - last quarter -0.96% NA NA
Median price change - 1 year -5.50% NA NA
Median price change - 2 years -4.94% NA NA
  House Townhouses Units
Median weekly rent $430 NA NA
Median yield % 7.24% NA NA
Median rent change - 1 year 6.17% NA NA
  House Units
Average days on market 131 NA

Patea investment property listings

Showing 5 of 23 investment properties found in Patea on realestateinvestar.co.nz

39 Victoria St, Patea

$439,000

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Motivated vendor – must sell!

Loved family home in prime location. For the first time in 20 years, this much-loved and exceptionally well-maintained home is coming to the market. Set in a quiet, desirable street in Patea, this generous five bedroom, two-storey property offers space, privacy, and flexibility rarely found in the ...

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Taranaki 4520


9 Beach Rd, Patea

$749,000

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A Distinctive Home in a Prime Seaside Location

This is coastal living at its best, positioned just 100 metres from the Patea boat ramp and main beach and very close to a popular camping ground. This stunning property offers the perfect blend of relaxed lifestyle and convenience, in a welcoming community setting. Set on a well maintained ...

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Taranaki 4520


7 Norfolk St, Patea

$289,500

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Nest or invest!!! Don't miss it out!!

1950s, freehold, off the busy noisy main road, cozy 3 bedroom house! !!!Simple as and low maintenance! Heaps of sunshine. Fully fenced area, broadband and heat pump. Roof and floor insulation, Newly installed roofing and nice quiet neighbors Pretty flat 1012 sqm land with spacious back ...

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Taranaki 4520


2 B Cambridge St, Patea

$501,000

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Waterfront View House Garage.

Two bedroom north facing house overlooking the Patea river. Very nice 240 degree view, privacy included. House is clad in color steel and insulated top, bottom and exterior walls. Roof, in newish condition. The property is located in Patea, an under valued coastal township and it's just a matter ...

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Other

Taranaki 4520


19 Pembroke St, Patea

$189,000

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Off Grid Opportunity

Discover this incredible opportunity where affordability meets sustainability. This property is perfect for buyers looking to downsize or embrace a peaceful lifestyle. What truly sets this property apart are the two relocatable cabins equipped with solar power to ensure eco-friendly living and the ...

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Taranaki 4520


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