Bay of Plenty Property Trends

Understanding housing affordability, shifts and changes is essential for making informed property decisions. At Property Solutions we are long established in the Bay of Plenty and can provide data driven insights and local knowledge.

The National Median Household Income (MHI) in 2010 was around $58,000 and has risen over the next 15 years to around $110,000.  We can see that Mount Maunganui has consistently had higher median house prices than other areas of the Bay of Plenty, with Eastern Bay of Plenty and Rotorua being consistently low.  All areas fell after the peak of 2021/2022, and have in general plateaued over the past few years.

Further illustration can be shown by comparison to the other major economies. We have compared New Zealand Median Multiples with the countries below.