Patea Property Market And House Prices
Suburb of South Taranaki District
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.
Key house price data for Patea, South Taranaki District
Key house price data for Patea, South Taranaki District
Average House Value
Average Rent
Estimated Yield
Long Term Capital Growth
Ed's Insights
Patea is a suburb in South Taranaki District.
1,290 people currently live in Patea. 34.4% of these people rent.
The average house value in Patea is $299,300.
That's down 3.3% from 2 years ago.
The median rent in Patea is $390.
Market Insight - Median House Price Trend
Sales Data
Average House Value
Median Days to Sell
Properties listed for sale in the last month
Properties sold in the last 12 months
Insights
The average house value in Patea is $299,300.
On average it takes 41 days to sell a house.
All up 25 properties were sold in Patea over the last year, and 3 properties were listed for sale in the last month.
Rental Data
Median Rent
Rental properties listed last year
Rental properties listed last month
Median days to rent
Insights
There is no rental data available for Patea at this time. We are working hard to get this data. We hopefully will have some shortly.
Demographic Info
What do tenants in Patea want?
The most popular number of bedrooms a tenant rents in Patea is 3 bedrooms.
52.1% of tenants in the suburb rent properties with 3 bedrooms.
The most popular number of cars in Patea is 1 car.
58.8% of residents in the suburb own 1 car.
How many Bedrooms do renters have in Patea?
How many Cars do renters have in Patea?
Current Property Listings
This property market information is for your general information. It’s not financial advice. See here for details about our Financial Advice Provider Disclosure. So Opes isn’t telling you what to do with your own money.
We’ve made every effort to make sure the information is accurate. But property markets change, and we occasionally get the odd fact wrong. Make sure you do your own research or talk to a financial adviser before making any investment decisions.
You might like to use us or another financial adviser.