Fairy Springs Property Market And House Prices

Suburb of Rotorua District

Ed McKnight

Author: Ed McKnight

Our Resident Economist, with a GradDipEcon and over five years at Opes Partners, is a trusted contributor to NZ Property Investor, Informed Investor, Stuff, Business Desk, and OneRoof.

Last Updated:

Key house price data for Fairy Springs, Rotorua District

Average House Value

2.1%
$554,350

Average Rent

$580

Estimated Yield

5.4%

Long Term Capital Growth

6.4%

Ed's Insights

Fairy Springs is a suburb in Rotorua District.

1,659 people currently live in Fairy Springs. 36.9% of these people rent.

The average house value in Fairy Springs is $554,350.

That’s down 4.8% from from 2 years ago.

The median rent in Fairy Springs is $580.

Market Insight - Median House Price Trend

Sales Data

Average House Value

2.1%
$554,350

Median Days to Sell

8

Properties listed for sale in the last month

3

Properties sold in the last 12 months

23

Insights

The average house value in Fairy Springs is $554,350.

On average it takes 8 days to sell a house.

All up 23 properties were sold in Fairy Springs over the last year, and 3 properties were listed for sale in the last month.

Rental Data

Median Rent

$580

Rental properties listed last year

1,150

Rental properties listed last month

117

Median days to rent

21
BedroomsRentChange
1 Bedroom
$400/week2.6%
2 Bedrooms
$510/week2%
3 Bedrooms
$625/week4.2%
4 Bedrooms
$750/week13.6%

Insights

There is no rental data available for Fairy Springs at this time. We are working hard to get this data. We hopefully will have some shortly.

Demographic Info

What do tenants in Fairy Springs want?

The most popular number of bedrooms a tenant rents in Fairy Springs is 3 bedrooms.

47.6% of tenants in the suburb rent properties with 3 bedrooms.

The most popular number of cars in Fairy Springs is 1 car.

44.4% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Fairy Springs?

How many Cars do renters have in Fairy Springs?