Maketu Property Market And House Prices

Suburb of Western Bay of Plenty 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 Maketu, Western Bay of Plenty District

Average House Value

2.8%
$764,300

Average Rent

$608

Estimated Yield

4.1%

Long Term Capital Growth

6.7%

Ed's Insights

Maketu is a suburb in Western Bay of Plenty District.

1,005 people currently live in Maketu. 26.9% of these people rent.

The average house value in Maketu is $764,300.

That’s down 6.2% from from 2 years ago.

The median rent in Maketu is $608.

Market Insight - Median House Price Trend

Sales Data

Average House Value

2.8%
$764,300

Median Days to Sell

11

Properties listed for sale in the last month

1

Properties sold in the last 12 months

14

Insights

The average house value in Maketu is $764,300.

On average it takes 11 days to sell a house.

All up 14 properties were sold in Maketu over the last year, and 1 properties were listed for sale in the last month.

Rental Data

Median Rent

$608

Rental properties listed last year

Not enough data available

Rental properties listed last month

Not enough data available

Median days to rent

Not enough data available

Insights

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

Demographic Info

What do tenants in Maketu want?

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

42.9% of tenants in the suburb rent properties with 3 bedrooms.

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

59.3% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Maketu?

How many Cars do renters have in Maketu?