Cable Bay Property Market And House Prices

Suburb of Far North District

Ed McKnight

Author: Ed McKnight

Our Resident Economist, with a GradDipEcon and over five years at Opes Partners, is a trusted contributor to NZ Property Investor, Informed Investor, Stuff, Business Desk, and OneRoof.

Last Updated:

Key house price data for Cable Bay, Far North District

Average House Value

-4.0%
$762,150

Average Rent

$595

Estimated Yield

4.1%

Long Term Capital Growth

5.4%

Ed's Insights

Cable Bay is a suburb in Far North District.

744 people currently live in Cable Bay. 23.4% of these people rent.

The average house value in Cable Bay is $762,150.

That’s down 9.9% from from 2 years ago.

The median rent in Cable Bay is $595.

Market Insight - Median House Price Trend

Sales Data

Average House Value

-4.0%
$762,150

Median Days to Sell

79

Properties listed for sale in the last month

12

Properties sold in the last 12 months

22

Insights

The average house value in Cable Bay is $762,150.

On average it takes 79 days to sell a house.

All up 22 properties were sold in Cable Bay over the last year, and 12 properties were listed for sale in the last month.

Rental Data

Median Rent

$595

Rental properties listed last year

Not enough data available

Rental properties listed last month

Not enough data available

Median days to rent

Not enough data available

Insights

There is no rental data available for Cable Bay at this time. We are working hard to get this data. We hopefully will have some shortly.

Demographic Info

What do tenants in Cable Bay want?

The most popular number of bedrooms a tenant rents in Cable Bay is 3 bedrooms.

48.3% of tenants in the suburb rent properties with 3 bedrooms.

The most popular number of cars in Cable Bay is 2 cars.

52.2% of residents in the suburb own 2 cars.

How many Bedrooms do renters have in Cable Bay?

How many Cars do renters have in Cable Bay?