12 MONTH RENTAL TREND (MBIE APR23)
DAYS TO SELL (REINZ MAY23)
12 MONTH RENTAL TREND (TRADEME FEB 23)
MEDIAN PRICE (REINZ MAY23)
This is a beautiful part of New Zealand and combines some of our best beaches and our most fertile land with one of our highest annual tallies of sunshine hours.
The Bay of Plenty is a large basin stretching inland from nearly 260 kilometres (160 miles) of coast and almost continuous white sandy beaches.
There are three main urban centres, all within about an hour’s drive of each other – Tauranga with a population of around 115,000, Rotorua (65,000) and Whakatāne (33,000). The region is growing fast, particularly Tauranga which has grown by around 25% since 2001.
Population: 352,500 (Stats NZ)
Forecast Population 2033: 384,500 (Stats NZ)
Median Price: $ 790,000
12 Month Pricing Trend: -13.2% (REINZ May23)
12 Month Rent Trend: +$40 p/w (MBIE Apr23)
The Bay of Plenty is famed for its lifestyle opportunities and a climate that means outdoor activities can be enjoyed year round.
The spectacular coastline of the Bay of Plenty offers all sorts of opportunities for swimming, surfing, boating, diving and fishing. Inland there is a vast array of activities including tramping, white water rafting, and kayaking, snow and water skiing, and hunting. If you have a more laidback lifestyle in mind, there are bush and coastal walks, great fly fishing, golf courses and wineries to enjoy.
Tauranga and Rotorua are also well known for events highlighting food and wine, music including an annual jazz festival, arts and culture, and sporting spectacles. They also have thriving café and restaurant scenes and a diverse nightlife
Much of the region’s output is based on primary production and processing of fruit, meat and dairy products.
Kiwifruit is the region’s largest horticultural export with avocados becoming more important recently. The Port of Tauranga is a major economic force and one of New Zealand’s prime export gateways, and the region is also home to some world-leading boat design and construction firms.
Forestry is a major employer – the region’s Kaingaroa Forest is the largest hand-planted forest on Earth. Its output is shipped to the world from Tauranga port.
Rotorua was an early highlight for many tourists because of its geothermal steam vents, mud pools, geysers and hot springs. Today its sense of being a centre of Māori culture makes an essential part of any tourist itinerary.
The Bay of Plenty experiences warm, humid summers and mild winters.
Average daily maximums range from 9-16°C in winter to 22-26°C in summer, although they can be higher in coastal areas.
Tauranga is one of the sunniest places in New Zealand, receiving around 2,200 hours annually. In 2013, Whakatāne, along the coast to the east, received a whopping 2,792 hours.