Fordlands 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.

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Key house price data for Fordlands, Rotorua District

Average House Value

3.5%
$359,100

Average Rent

$600

Estimated Yield

8.7%

Long Term Capital Growth

7.0%

Ed's Insights

Fordlands is a suburb in Rotorua District.

1,296 people currently live in Fordlands. 61.6% of these people rent.

The average house value in Fordlands is $359,100.

That’s down 16.4% from from 2 years ago.

The median rent in Fordlands is $600.

Market Insight - Median House Price Trend

Sales Data

Average House Value

3.5%
$359,100

Median Days to Sell

40

Properties listed for sale in the last month

1

Properties sold in the last 12 months

10

Insights

The average house value in Fordlands is $359,100.

On average it takes 40 days to sell a house.

All up 10 properties were sold in Fordlands over the last year, and 1 properties were listed for sale in the last month.

Rental Data

Median Rent

$600

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 Fordlands at this time. We are working hard to get this data. We hopefully will have some shortly.

Demographic Info

What do tenants in Fordlands want?

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

70.2% of tenants in the suburb rent properties with 3 bedrooms.

The most popular number of cars in Fordlands is 1 car.

38.3% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Fordlands?

How many Cars do renters have in Fordlands?