Bay of Plenty Property Market (2024) – Opes Partners

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As at April 2024, the median house price in Bay of Plenty is $820,000. This is up from $394,500 10 years earlier. That means that the median Bay of Plenty property increased in value by 7.59% each year, or $42,550 on average.

The most expensive suburb in Bay of Plenty is Mount Maunganui, which has a median house price of $1,324,800 and is located in the Tauranga City district. That means that Mount Maunganui’s median house price is 162% of Bay of Plenty’s median.

The least expensive suburb in Bay of Plenty is Kawerau, which has a median house price of $363,550 and is located in the Kawerau District district. That means that Kawerau’s median house price is 44% of Bay of Plenty’s median.

Over the last 24 months (Mar 2022 – Mar 2024), Edgecumbe had the fastest-growing house prices in all of Bay of Plenty, at 3% per year.

The suburb that grew the slowest over that period was Fordlands, which grew at a rate of -10% per year.

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