Karoro Property Market And House Prices

Suburb of Grey 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 Karoro, Grey District

Average House Value

7.0%
$554,650

Average Rent

$450

Estimated Yield

4.2%

Long Term Capital Growth

Not enough data available

Ed's Insights

Karoro is a suburb in Grey District.

861 people currently live in Karoro. 15.0% of these people rent.

The average house value in Karoro is $554,650.

That’s down -14.7% from from 2 years ago.

The median rent in Karoro is $450.

Market Insight - Median House Price Trend

Sales Data

Average House Value

7.0%
$554,650

Median Days to Sell

14

Properties listed for sale in the last month

5

Properties sold in the last 12 months

18

Insights

The average house value in Karoro is $554,650.

On average it takes 14 days to sell a house.

All up 18 properties were sold in Karoro over the last year, and 5 properties were listed for sale in the last month.

Rental Data

Median Rent

$450

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

Demographic Info

What do tenants in Karoro want?

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

58.8% of tenants in the suburb rent properties with 3 bedrooms.

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

56.3% of residents in the suburb own 1 car.

How many Bedrooms do renters have in Karoro?

How many Cars do renters have in Karoro?