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

3/178 King St, Whakatane

$459,000

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A Downsizer's Dream with Bonus Rumpus

A cute one bedroom home ideal for downsizers! Sun pours across the north-facing frontage, the garden is tidy and low-maintenance, and the home sits apart from the others in a way that gives you space, privacy and a sense of ownership that attached units often lack. Inside, the layout ...

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Bay Of Plenty 3120


23 Awatapu Dr, Whakatane

$579,000

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Home, Sleepout and Massive Garaging

This warm and welcoming family home has a lot more space than you'd expect. With three good-sized bedrooms, a sunny sleepout, and an extra office or hobby room off the oversized double garage, there's room here for everyone and everything. The true Lockwood build sits on a fully fenced, ...

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Bay Of Plenty 3120


42 Melville Dr, Whakatane

$1,050,000

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Something Special !!

Sitting at the top of Melville Drive and overlooking town, sea and views up the coast to Coromandel on a clear day. This 1980s home, set on 3 levels was designed with a difference adding quirky, unique features, creating a home with a very individual character. - Land area 1404m2 - ...

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Bay Of Plenty 3120


20 Rata St, Whakatane

$649,000

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Renovated Bungalow Charm

This freestanding, freehold home sits proudly on a compact and easy care section. It offers three well proportioned bedrooms and two bathrooms, including a private ensuite off the main bedroom. The home has been thoughtfully renovated, adding modern updates while still retaining the charming ...

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Bay Of Plenty 3120


36 Hotene, Whakatane

$389,000

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CHRISTMAS CRACKER!

All the work is done, including new kitchen, new interior and exterior paint, new curtains. Big deck with built in seats, leads off the lounge, making a perfect outdoor living space. Sunny open plan living with air con unit 3 Brms, separate toilet. A large Kiwi- span ...

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Bay Of Plenty 3120


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