Mangapapa Property Market And House Prices

Suburb of Gisborne 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 Mangapapa, Gisborne District

Average House Value

2.0%
$592,800

Average Rent

$650

Estimated Yield

5.7%

Long Term Capital Growth

7.5%

Ed's Insights

Mangapapa is a suburb in Gisborne District.

4,056 people currently live in Mangapapa. 35.6% of these people rent.

The average house value in Mangapapa is $592,800.

That’s down 6.0% from from 2 years ago.

The median rent in Mangapapa is $650.

Market Insight - Median House Price Trend

Sales Data

Average House Value

2.0%
$592,800

Median Days to Sell

42

Properties listed for sale in the last month

4

Properties sold in the last 12 months

54

Insights

The average house value in Mangapapa is $592,800.

On average it takes 42 days to sell a house.

All up 54 properties were sold in Mangapapa over the last year, and 4 properties were listed for sale in the last month.

Rental Data

Median Rent

$650

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

Demographic Info

What do tenants in Mangapapa want?

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

51.1% of tenants in the suburb rent properties with 3 bedrooms.

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

50.3% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Mangapapa?

How many Cars do renters have in Mangapapa?