Parkvale Property Market And House Prices

Suburb of Tauranga City

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 Parkvale, Tauranga City

Average House Value

3.9%
$672,050

Average Rent

$600

Estimated Yield

4.6%

Long Term Capital Growth

6.6%

Ed's Insights

Parkvale is a suburb in Tauranga City.

2,397 people currently live in Parkvale. 53.6% of these people rent.

The average house value in Parkvale is $672,050.

That’s down 3.9% from from 2 years ago.

The median rent in Parkvale is $600.

Market Insight - Median House Price Trend

Sales Data

Average House Value

3.9%
$672,050

Median Days to Sell

42

Properties listed for sale in the last month

5

Properties sold in the last 12 months

35

Insights

The average house value in Parkvale is $672,050.

On average it takes 42 days to sell a house.

All up 35 properties were sold in Parkvale over the last year, and 5 properties were listed for sale in the last month.

Rental Data

Median Rent

$600

Rental properties listed last year

4,479

Rental properties listed last month

351

Median days to rent

21
BedroomsRentChange
1 Bedroom
$450/week2.2%
2 Bedrooms
$610/week3%
3 Bedrooms
$720/week1.4%
4 Bedrooms
$835/week1.8%

Insights

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

Demographic Info

What do tenants in Parkvale want?

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

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

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

46.4% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Parkvale?

How many Cars do renters have in Parkvale?