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

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


17 and 17A Sullivan St, Whakatane

$749,000

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Double barrel

With the interest rates on the move there certainly every reason to investigate great returns in rental investment. This rare opportunity includes a three bedroom home and a separate one bedroom unit all contained on one title. Showing excellent returns with long term property ...

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Bay Of Plenty 3120


53A Lord Cobham Ave, Whakatane

$555,000

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Relaxing Park Outlook

Fresh to the market, this three-bedroom home is neat as a pin, with recent updates including new carpet and tiling. Positioned to take in relaxing park views, it's one to put at the top of your list. Year round comfort is taken care of with a heat pump and good insulation already in ...

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Bay Of Plenty 3120


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