Feature article
Bay of Plenty property market update: Coastal confidence in 2026
Why the Bay of Plenty is booming
AI summary
The Bay of Plenty property market is experiencing a luxury boom, briefly making it New Zealand's most expensive region. The average asking price is $1.01M, a 6.9% increase year-on-year.
For buyers, Whakatāne offers significantly more choice with listings up 29%. Sellers should note that "pool," "beach," and "income" are the top search terms and should feature them in listing titles. The rental market is also strong, with a median weekly rent of $676.
| Metric | Bay of Plenty (Jan 2026) | MoM% Change | YoY% Change | ||||
|---|---|---|---|---|---|---|---|
| Average Asking Price | Average Asking Price | $1.01M | $1.01M | -0.9% MoM | -0.9% MoM | +6.9% YoY | +6.9% YoY |
| Average Weekly Rent | Average Weekly Rent | $676 | $676 | +2.1% MoM | +2.1% MoM | -0.5% YoY | -0.5% YoY |
For buyers: More choice in the eastern Bay
The Bay of Plenty is a diverse region, with heaps to offer its residents.
For sellers: What are people looking for in the Bay?
For homeowners: Tracking your equity
The rental market: Insights for tenants & landlords
Could you see yourself in the Bay of Plenty?
The dream list: Bay of Plenty standouts
Why live in the Bay of Plenty?
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