Reefton Property Market And House Prices

Suburb of Buller 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 Reefton, Buller District

Average House Value

8.8%
$371,100

Average Rent

$340

Estimated Yield

4.8%

Long Term Capital Growth

Not enough data available

Ed's Insights

Reefton is a suburb in Buller District.

945 people currently live in Reefton. 29.8% of these people rent.

The average house value in Reefton is $371,100.

That’s down -10.6% from from 2 years ago.

The median rent in Reefton is $340.

Market Insight - Median House Price Trend

Sales Data

Average House Value

8.8%
$371,100

Median Days to Sell

65

Properties listed for sale in the last month

7

Properties sold in the last 12 months

40

Insights

The average house value in Reefton is $371,100.

On average it takes 65 days to sell a house.

All up 40 properties were sold in Reefton over the last year, and 7 properties were listed for sale in the last month.

Rental Data

Median Rent

$340

Rental properties listed last year

132

Rental properties listed last month

14

Median days to rent

21

Insights

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

Demographic Info

What do tenants in Reefton want?

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

48.0% of tenants in the suburb rent properties with 3 bedrooms.

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

51.2% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Reefton?

How many Cars do renters have in Reefton?