Whakatane Property Market And House Prices

Suburb of Whakatane 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 Whakatane, Whakatane District

Average House Value

-2.3%
$665,350

Average Rent

$580

Estimated Yield

4.5%

Long Term Capital Growth

5.9%

Ed's Insights

Whakatane is a suburb in Whakatane District.

12,441 people currently live in Whakatane. 38.1% of these people rent.

The average house value in Whakatane is $665,350.

That’s down 7.7% from from 2 years ago.

The median rent in Whakatane is $580.

Market Insight - Median House Price Trend

Sales Data

Average House Value

-2.3%
$665,350

Median Days to Sell

42

Properties listed for sale in the last month

28

Properties sold in the last 12 months

208

Insights

The average house value in Whakatane is $665,350.

On average it takes 42 days to sell a house.

All up 208 properties were sold in Whakatane over the last year, and 28 properties were listed for sale in the last month.

Rental Data

Median Rent

$580

Rental properties listed last year

210

Rental properties listed last month

12

Median days to rent

14
BedroomsRentChange
3 Bedrooms
$600/week3.2%

Insights

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

Demographic Info

What do tenants in Whakatane want?

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

45.1% of tenants in the suburb rent properties with 3 bedrooms.

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

49.3% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Whakatane?

How many Cars do renters have in Whakatane?