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Tauranga Property Management

Photo: DSC_0110 by Francesco

Tauranga is the largest city in the Bay of Plenty and one of the fastest growing centres in the country, with an urban population of over 130,800 people and 35% of people renting.

Tauranga’s housing market activity has slowed in 2017. An average house price is still a healthy $686,000. Even though sale volumes have dropped, home prices continue to rise. The average value has been pushed up because of increasing demand for $1 million+ homes and less transactions in low-end properties.

The lower price bracket often favoured by investors is impacted by LVR restrictions, banks tightening lending standards, and slightly higher interest rates.

If you’re one of the 11,000 Tauranga landlords, myRent can help to manage and advertise your property. myRent offers simplified, flexible, intuitive property management for only a 1% fee and Tauranga property advertising on myRent, Trade Me, realestate.co.nz, OneRoof, Homes.co.nz and myRent and for a one-off fee of $75.

Manage your property for 1% Find Tenants for $75

What does the average renter in Tauranga looks like?

Gender

Tenants in Tauranga by gender graph - Tauranga property management

Average age

38 Years Old

Number of renters in each age category

Tenant renter age split graph - Tauranga property management

Ethnicity

Renter tenant ethnicity graph - Property management in Tauranga

Median renters household income

$45,000

Work travel

88% drive to work and it takes on average 15 mins

Number of bedrooms preference

Rental property number of bedrooms graph - Property management in Tauranga

Number of cars per household

Number of cars in rental property graph - Tauranga property management

Number of renters who have access to internet

67%

Number of renters who have access to mobile phone

83%

Average rent in Tauranga

$445

To see how myRent can help you with rental property management in Tauranga and to make your property advert seen by more potential tenants, follow the link below.

Manage your property for 1% Find Tenants for $75

Sources of stats: Hamilton City Council, Hamilton's Housing Market and Economy: Growth Indicator Report, March 2017. CoreLogic New Zealand Monthly Property Market & Economy Update May-June 2017. QV.co.nz. Statistics New Zealand. (2013). Profile and summary reports. NZ Herald, 2017, 'Tauranga housing market stabilises'. Hall, C., NZ Herald, 2017, 'Tauranga house sales drop 26 per cent'.Hunter, Z., NZ Herald, 2017, 'Tauranga housing market flattening off, experts say'. Positive real estate, 2017 Property Investor's Guide to the Market

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