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Whakatāne home values fell 2% to $567,000 in 2025 due to high interest rates and weak demand.
Whakatāne District property values declined in 2025, with home values dropping 2% to $567,000 and land values falling 9% to $289,000 since 2022, driven by higher interest rates, economic uncertainty, and reduced buyer demand.
The total rateable value is now $16.4 billion.
While some areas like Murupara and Ōhope’s beachfront saw gains, older homes underperformed, and rental growth has slowed.
Commercial and rural markets remain stable, though dairy and kiwifruit land values dipped.
Valuations, based on conditions as of 1 August 2025, are independently audited and will be used for local rates.
Owners can object by 16 January 2026.
Los valores de las casas de Whakatāne cayeron un 2% a $567,000 en 2025 debido a las altas tasas de interés y la débil demanda.