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

10 Domain Rd, Whakatane

$845,000

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LAND AND BUILDING SALE ONLY

This high profile investment opportunity is home to a local accountancy practice. Currently zoned and consented as commercial office. New 3 year term with two further rights of renewal. Current CV : $800.000 Current net yield 5.92% Continue as is, leased as a commercial ...

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Bay Of Plenty 3120


107 McGarvey Rd, Whakatane

$625,000

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This just feels like Home

You're not just buying four bedrooms here. You're buying a home that gives family life a bit more range, with elevated living, a long sun-soaked deck, a fenced lawn and an existing in-ground pool structure already in place. This is a 150m² home with the kind of layout and outdoor setup that lets ...

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Bay Of Plenty 3120


104 Douglas St, Whakatane

$715,000

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All The Hard Stuff Is Done !!

This 1960's, Huntley brick and native timber home has stood the test of time and offers a solid foundation for your future. Situated on a generous section allowing space for future improvements and additions of larger garaging/sheds or extra accommodation to cater for extended family. ...

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Bay Of Plenty 3120


98C Eivers Rd, Whakatane

$629,000

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Not Your Average Unit!

Beautifully presented and finished to a high standard, this is far from your average unit. Thoughtfully redecorated throughout with fantastic paint colour choices and all new floor coverings, the home has a fresh, modern feel from the moment you step inside. Double glazing throughout ensures year ...

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Bay Of Plenty 3120


10C Hinemoa St, Whakatane

$399,000

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Affordable First Step or Smart Investment

Affordable and well presented, this entry level unit is a great option for investors or those taking their first step onto the property ladder. Recently refreshed throughout with a new kitchen, bathroom, carpet and paint, the hard work has been done so you can simply move in and enjoy. ...

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Bay Of Plenty 3120


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