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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 37 investment properties found in Patea on realestateinvestar.co.nz

11 Suffolk St, Patea

$280,000

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A VILLA TO CALL HOME

This villa has some lovely character features inside and outside while having some much-needed upgrades over the years. Fully fenced on a quiet corner section the home has had the benefit of a new double garage with automatic garage door and new driveway. Elevated on a hill you can ...

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Taranaki 4520


29 Gibson Pl, Patea

$315,000

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Quiet Cul De Sac Living

Set on a quiet street on the edge of town this 1970s home offers privacy and security and would make a wonderful first home or downsize option. The home is fully fenced and has attached carport with two well build utility sheds, so you won't get wet unloading the groceries. Inside ...

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Taranaki 4520


7 Elizabeth St, Patea

$279,000

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High-Yield Investment – Healthy Home Compliant

Investors can expect a yield close to 8% from this recently refreshed 1950s freehold home on Elizabeth Street. With three bedrooms and a single bathroom across 110m², the property has received a new interior re-paint and recently refreshed exterior paint, giving it a modern, clean feel. Equipped ...

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Taranaki 4520


2 B Cambridge St, Patea

$410,000

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Waterfront location. House. Garage.

Two bedroom north facing house overlooking the Patea river. The property has a great 240 degree view. House is clad in color steel and insulated top, bottom and exterior walls. Roof, in newish condition. The section is elevated with the northern boundary extending down to the rivers edge. The view ...

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Other

Taranaki 4520


56 Victoria St, Patea

$225,000

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Did you need Garaging?

This two-bedroom art deco house was moved on site approximately twenty years ago and is tucked away in the corner of the 1012m2 property leaving plenty of room for the garages. Being a fan of classic cars, my vendors have housed four cars without any trouble in these two garages with room for a ...

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House

Taranaki 4520


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