Property Market
5 min read
What's happening with Tauranga house prices?
Council area of Bay of Plenty
Author: Ed McKnight
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.
Reviewed by: Laine Moger
Journalist and Property Educator with six years of experience, holds a Bachelor of Communication (Honours) from Massey University.
What's happening to Tauranga house prices?
The average price of a Tauranga property is $1,033,356 (QV, December 2025).
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Quick Facts
- The average price of a Tauranga property is $1,033,356 (QV, December 2025)
- Over the last 3 months property prices in Tauranga have gone up 1.66%
- Tauranga property prices increased 4.55% per year (on average) in the 20 years between December 2005 - December 2025 (REINZ)
- The average rent in Tauranga is $695 per week (Tenancy Services, November 2025)
How are Tauranga property prices changing?
Tauranga house prices soared after the Covid-19 pandemic began. House prices started out 34% below the eventual peak of the market.
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Where is Tauranga in its property cycle?
At the absolute bottom of its property cycle, Tauranga was 15.59% undervalued.
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Tauranga suburb prices
I track the value of 20 suburbs in Tauranga. The most expensive suburb is Mount Maunganui, which has an average house value of $1,369,650. While the most affordable suburb is Parkvale, which has an average house value of $685,550.
Over the last 24 months of all Tauranga suburbs (December 2023 - December 2025, Poike had the fastest-growing house prices. They have gone up 5.62% over that period.
The suburb that fell the fastest over that period was Papamoa. Property values in this suburb fell by 7.29% over those 2 years.
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What is the Tauranga rental market like?
Here's how rents are changing in Tauranga. Over the last four years (November 2021 - November 2025) the median rent has gone up $100 a week. That's 3.96% a year (on average).
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Are properties selling above or below CV in Tauranga?
One of the most common questions I get asked is: “Ed, are properties selling above or below their Capital Value (CV)?”
Where do house prices grow the fastest in the Tauranga property market?
Where do house prices go up the fastest in Tauranga?
Which suburbs in the Tauranga property market have the highest yields?
Gross yields vary widely depending on which suburb you chose to investigate.
Other property markets to look into
If you found this article useful, then you might also like our analyses on the other property markets in New Zealand. You can read all about the Bay of Plenty property market here.
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