Property Markets > Tauranga

Tauranga is New Zealand’s fifth largest city and sits right on the water’s edge and is well-known for its blue skies, warm climate, sparkling harbour and relaxed lifestyle.

The Port of Tauranga is New Zealand's largest export port, with brisk but seasonal shipping traffic. It is a regular stop for both container ships and luxury cruise liners.

Much of the countryside surrounding Tauranga is horticultural land, used to grow a wide range of fresh produce for both domestic consumption and export. There are many kiwifruit and avocado orchards as well as other crops and paper and timber exports flow out of New Zealand via the port.

The following companies have their head offices based in Tauranga: Ballance Agri-Nutrients, Brother NZ, C3 Limited^, Craigs Investment Partners Ltd, Dominion Salt, Kiwi Bus Builders, Port of Tauranga, Shuzi New Zealand Limited, Trimax Mowing Systems, TrustPower, Zespri International

Property Market Characteristics

• Tauranga:
  • Inner Suburbs - Gate Pa, Greerton, Parkvale, Bellevue, Brookfield - working class, good investments returns neutral or positive. Close to schools, amenities and town.
  • Other Inner Suburbs - Otumoetai, Matua, Judea, Bethleham - more expensive, established, negatively geared suburbs. Close to good schools and desired by owner occupiers. Attracts stable and upper class tenants.  
  • CBD Market - Avenues - High rental demand as close to amenities. Desired by singles, couples, working professionals. Mostly negatively geared investments.
  • Outer Suburbs - Welcome Bay, Ohauiti - Close to the water, some homes have views, parks, good primary schools. A motorway link is currently being built to shorten the transit time to town (currently 15-20 mins peak, down to approximately 10 mins). Desired by young families and older couples. When the motorway link is completed (1-2 years) these properties will be more desired by working professionals. Possible to attain neutral or negatively geared properties with reliable and good tenants.
• Mount Maunganui - Very desirable area due to proximity to beach. Great "beach" vibe shops/ cafes along the waterfront. Generally negatively geared properties with a mix of tenant types. The large shopping centre "Bayfair"  is a focal point for all of Tauranga.
• Papamoa - There are two distinct areas: 
  • The older and established part of Papamoa, close to beach, cheaper than Mount Maunganui.
  • New subdivisions and sections, house and land packages, new developments, schools, shopping etc. Massive population growth is forecast in Papamoa with schools and commercial areas penciled in.
• Pyes Pa - New subdivision, new sections being released, house and land packages, new developments. Attracts families and working professionals.

Maps: Tauranga Suburbs | Region

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The Tauranga Team

Chris Sim
Licensed Agent - REAA 2008

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021 2477 869
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