Ranui Property Market And House Prices

Suburb of Porirua 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 Ranui, Porirua City

Average House Value

-1.4%
$614,850

Average Rent

$600

Estimated Yield

5.1%

Long Term Capital Growth

7.5%

Ed's Insights

Ranui is a suburb in Porirua City.

3,222 people currently live in Ranui. 46.8% of these people rent.

The average house value in Ranui is $614,850.

That’s down 11.7% from from 2 years ago.

The median rent in Ranui is $600.

Market Insight - Median House Price Trend

Sales Data

Average House Value

-1.4%
$614,850

Median Days to Sell

41

Properties listed for sale in the last month

6

Properties sold in the last 12 months

30

Insights

The average house value in Ranui is $614,850.

On average it takes 41 days to sell a house.

All up 30 properties were sold in Ranui over the last year, and 6 properties were listed for sale in the last month.

Rental Data

Median Rent

$600

Rental properties listed last year

1,047

Rental properties listed last month

95

Median days to rent

21
BedroomsRentChange
1 Bedroom
$450/week6.5%
2 Bedrooms
$580/week5.5%
3 Bedrooms
$695/week1.1%
4 Bedrooms
$850/week1.8%

Insights

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

Demographic Info

What do tenants in Ranui want?

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