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

52 Churchill St, Whakatane

$450,000

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Best price, best buy

Here is the perfect opportunity right before your eyes. With the owners meeting the market, this chance does not present very often. This easy no fuss three-bedroom home has been a great bolt hole investment and now available for immediate action. Often seen as potential for long term investment, ...

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Bay Of Plenty 3120


33 Olympic Dr, Whakatane

$880,000

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Ticking Boxes

This 1980s home was built well and built to stand the test of time. A well designed family home with loads of space and the potential to have a semi self contained area at the front of the house. Perfect for adult children or elderly parents or simply leave as a games room / man-cave. ...

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Bay Of Plenty 3120


25B Panekaha Rd, Whakatane

$1,995,000

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Coastal Harbour Edge Lifestyle

This Ohiwa Harbour location offers a modern new build design and the independence of off grid living. With two dwellings and the space for animals to graze, this 5.43 hectare harbour edge lifestyle block has a unique appeal offering home, self-sufficiency, and income. • Land area 5.43 ...

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Bay Of Plenty 3120


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


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