Case Study: Adding a Tiny Home for Cashflow
When Kara from the Rotorua team wanted to increase her return without breaking the bank she decided to put a tiny home on her land. Read More…
Whether starting your property investing journey or adding to your portfolio, Rotorua is an ideal hunting ground.
The city has been one of New Zealand’s top tourism spots, which has been impacted by Covid-19, however Rotorua has not based its entire success on tourism; there are a diverse range of industries that include forestry, research & education. Only 10% of local GDP is tourism related with a large proportion of this being domestic.
Days to Sell
64
Median Price
$650,000
12 Mo Price Trend
6.6%
Median Rent
+5.7% p/w
Last updated: August 2023. Sources: Tenancy Services & REINZ.
Get extra "Rotorua only" content that the rest of our database doesn't see, such as early access to local deals and local market news.
Population | 71,800 (2018 census) |
Forecast Population | 74,000 (2028) and 73,600 (2038), source Statistics New Zealand |
Tertiary Education | Toi Ohomai Institute of Technology |
Main Industries | Tourism, Forestry and wood processing, Geothermal (including energy) and agriculture, Sports & Leisure, Maori arts, craft and culture |
Air | Rotorua Airport |
Public Transport | City Ride Bus - 10 different routes around Rotorua also offers a service daily from Rotorua to Tauranga |
iFindProperty has operated in Rotorua for many years and is well known as the #1 agency for buying and selling investment properties in
Rotorua.
With GDP and population growth that is above average for New Zealand, Rotorua offers an enviable lifestyle choice with its forest and lakes,
mountain bike trails and thermal hot springs to name just a few. It is a place where the concept of public and private development
partnerships is really working. From council working with iwi and corporate entities (like Pukeroa Lakefront Holdings and Red Stag) to
government contributions to events (like Crankworx and the Tarawera Ultramarathon), the city is quietly booming.
You might expect house prices to be up there with Tauranga & Queenstown, right? Wrong! In fact median values and sale prices sit around $200,000 below neighbouring cities of Tauranga and Hamilton. Rotorua is popular with first home buyers and lifestyle seekers who flock to this affordable paradise. In fact, in Rotorua it is possible to have your cake and eat it too with good yields and positive cashflow properties. For a slice of the action contact us now to find the ideal property for your portfolio.
Rotorua has traditionally been a low-cost, high cashflow destination for New Zealand investors. While yields have dropped in recent years, Rotorua is still quite cheap relative to other popular property markets.
When buying in Rotorua it is important to know your areas and even streets. Often the returns offered in Rotorua can make the city look like a city of gold to a newcomer property investor, even after the recent increase in values. However, many popular rental areas are still low socio-economic zones so if you don't know what you're doing you can wind up stuck with a problem property in a bad area.
iFindProperty is a licensed real estate agency and we cover all of the Rotorua region. We believe we are the best in the business at helping others buy, or sell, Rotorua Investment Properties.
iFindProperty runs a full-service property sales operation. Work with an agent who understands property investment and how to market your property to other investors, in a way that doesn't upset your tenants!
Please contact Kara below or enquire through our website.
"Kara has helped us purchase two properties in Rotorua. We live in Auckland, are new to property investing, and have limited knowledge of the Rotorua market. Kara has made the whole process so easy - from finding suitable properties, dealing with agents, and organising tradespeople for estimates and remedial work. We would definitely recommend using Kara if you are looking to purchase in Rotorua."
"I'm very happy with the service provided by iFindProperty and Kara. They helped me all the way, even after I bought the property, by introducing me to a great property manager. I greatly recommend their services and knowledge. Will use them again in the future."
"As out of town buyers we weren’t sure how we were going to make it work, searching for and purchasing a property, but Kara from iFindProperty made the whole process a breeze. Kara was friendly and very patient with all of my questions. Her knowledge of the area was so valuable, and with her guidance we successfully purchased the perfect place for us! We would recommend Kara and iFindProperty to anyone and look forward to working with her again soon."
Case Study: Adding a Tiny Home for Cashflow
When Kara from the Rotorua team wanted to increase her return without breaking the bank she decided to put a tiny home on her land. Read More…
Rotorua Market Update March 2021
Rotorua is "hot", so how does anyone get a good deal in this market? Read more... Read More…
Case Study: Moving quick in Rotorua
Moving quickly and confidently getting the deal done - that's how our agent Kara Niles handled this particular deal in the beautiful Rotorua. Read More…
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