Tauranga’s up and coming suburbs

With its unspoiled coastline and laid-back beach atmosphere, it’s no wonder that many New Zealanders dream of settling in the Bay of Plenty, particularly in Tauranga and Mt Maunganui. Jon O’Connor, Bayleys Bay of Plenty General Manager, notes the high demand for the area, emphasizing its natural allure.

“Beyond the stunning beaches and easy access to Rotorua’s Lakes and the Coromandel, the climate and strategic location at the Golden Triangle’s corner are major draws.”

Just a short drive from Auckland and Hamilton, maintaining connections with friends and family remains feasible after relocation. Statistics indicate a 2.1% population increase in the year to June 2023.

Despite a post-COVID slowdown in migration from Auckland, O’Connor observes a resurgence in interest.

“Moving here has long been on people’s radar, and now, post-COVID, it’s finally achievable. It’s not just Aucklanders; we’re seeing interest from other major centers like Wellington and Christchurch.”

Tauranga offers an ideal retreat for those seeking a quieter lifestyle without disconnecting entirely.

“Kiwis have a deep affinity for water, and Tauranga surrounds you with it from every angle.”

“Moreover, there are promising business prospects. Tauranga’s growth trajectory, especially in the CBD, is marked by significant investment aimed at revitalization and fostering a thriving urban community.”

This focus on economic vitality is catalyzing growth in four key suburbs. Let’s explore what each has to offer and the property market therein:

 

TAURANGA CBD

After years of neglect, concerted efforts from the business community are revitalizing parts of the CBD, creating vibrant spaces for locals.

“The skyline, once devoid of cranes, now teems with construction activity—a testament to the area’s rejuvenation.”

The launch of Elizabeth Towers, comprising 120 residences across two high-rises, is emblematic of this transformation. These towers offer communal amenities and a unique living experience, attracting residents back to the city center.

Median sale prices hover around $975,000, reflecting the CBD’s renewed appeal.

 

AVENUES

Adjacent to the CBD, the Avenues, an older suburb, are undergoing a modernization surge.

“Old homes are making way for contemporary living options like apartments and townhouses, catering to those seeking convenience outside the CBD.”

With a range of housing options, affordability increases further south along Cameron Road. Cycling and walking infrastructure enhancements are encouraging CBD access.

Median sale prices stand at approximately $714,000.

 

PYES PA

Situated at the opposite end of Cameron Road, Pyes Pa has transformed from agricultural land to a mix of modern and established housing.

“Greenfield developments offer suburban living with modern amenities, complemented by retail complexes and excellent schooling options.”

Median home prices rest at about $770,000.

 

PAPAMOA

For a beachside lifestyle, Papamoa beckons with its golden sands and diverse housing options.

“From high-end residences to more affordable housing, Papamoa caters to various preferences, with amenities like Bayfair Shopping Centre and improved transport links enhancing its appeal.”

Median sale prices surpass $1,000,000, reflecting Papamoa’s desirability.

In conclusion, Tauranga’s emerging suburbs promise diverse living experiences, catering to different needs and preferences.