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

2 Anzac Ave, Whakatane

$779,000

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Premium Parkside Living

Ignore all previous price point and marketing efforts, vendor motivation demands buyer investigation!! Morning coffee on the sheltered front verandah, green outlooks across the road and plenty of room inside set the tone at 2 Anzac Avenue. This classic three-bedroom, one-bathroom ...

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Bay Of Plenty 3120


5 Armstrong Ave, Whakatane

$719,000

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Space, flexibility and a fantastic location

Homes that offer plenty of room for family living in a location this convenient are hard to find. Enjoy the ease of the kids walking to school, morning coffee followed by a stroll along the nearby river walkway, with the hospital and everyday amenities all just moments away. Move ...

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Bay Of Plenty 3120


6A Barry Ave, Whakatane

$765,000

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Brilliant Living on Barry

Centrally positioned in the heart of Whakatane, 6A Barry Avenue is a privately located and well fenced, low maintenance brick and tile, three bedroom standalone house that has a lot to offer. Blessed with all day sun and peace and quiet, this light and airy home has an ...

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Townhouse

Bay Of Plenty 3120


18 The Fawy, Whakatane

$1,040,000

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Executive Living, Elevated Style

Built in 2020 and positioned on an elevated site in sought after Hillcrest, this beautifully appointed home combines modern design, exceptional comfort and easy care living in one impressive package. Thoughtfully designed to maximise all day sun and privacy, it offers generous proportions, quality ...

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Bay Of Plenty 3120


196 King St, Whakatane

$649,000

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Modern Upgrades, Endless Potential

Positioned on a generous 761sqm (more or less) section, this 135sqm (more or less) home offers four bedrooms, two bathrooms, and an exciting opportunity for buyers looking for a property with many of the major upgrades already completed. Over recent years, the home has undergone ...

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Bay Of Plenty 3120


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