Real Estate in Tauranga, New Zealand
Last updated on Aug 05, 2024
Summary: People living in Tauranga, New Zealand offer advice about real estate. How do you find a home in Tauranga? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Tauranga?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Tauranga involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a single room in a shared house to a fully detached home. Next, you should research the different neighborhoods in Tauranga to find one that suits your lifestyle and needs. Some popular areas include Mount Maunganui, Papamoa, and Bethlehem. Consider factors such as proximity to work or school, access to public transportation, and the presence of amenities like shops and parks. Once you've identified your preferred areas, start your search for available properties. There are several online platforms where you can find listings, such as Trade Me Property, realestate.co.nz, and nz.open2view.com. These websites allow you to filter results based on location, property type, number of bedrooms, and price range. In addition to online listings, you may also want to engage the services of a real estate agent. They can provide valuable local knowledge, help you navigate the rental or buying process, and potentially give you access to properties not listed publicly. When you find a property you're interested in, arrange a viewing. This will give you a chance to inspect the property in person, assess its condition, and get a feel for the neighborhood. If you're planning to rent, you'll likely need to fill out an application and provide references. If you're buying, you'll need to make an offer through your real estate agent and, if accepted, go through the process of securing a mortgage. Finally, before moving in, you'll need to arrange utilities such as electricity, water, and internet. Some of these may already be set up by the landlord or previous owner, but it's always best to check. Remember, finding a place to live can take time, so it's a good idea to start your search well in advance of when you plan to move," said one person in Tauranga.
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What is a typical expat home or apartment like in Tauranga?
"A typical expat home or apartment in Tauranga, is often modern and spacious, with a blend of contemporary and traditional Kiwi design elements. These homes usually have large windows to let in natural light and to take advantage of the stunning views of the city, the harbour, or the surrounding greenery. Many homes have open-plan living areas, with a seamless flow between the kitchen, dining, and living room, making it ideal for socializing and family gatherings. The kitchen is typically equipped with modern appliances and ample storage space. Bedrooms are usually generously sized, often with built-in wardrobes. Bathrooms are modern and functional, often with both a shower and a bathtub. Many homes also have outdoor living spaces, such as a patio or a deck, perfect for barbecues and outdoor dining in the warmer months. In terms of location, expat homes can be found throughout Tauranga, from the bustling city centre to the peaceful suburbs. Many expats choose to live near the beach, where they can enjoy water sports and other outdoor activities. Others prefer the convenience of living in the city, close to shops, restaurants, and workplaces. Regardless of the location, most expat homes in Tauranga are located in safe, friendly neighbourhoods. Many are within walking distance to local amenities, such as supermarkets, parks, and schools. Some homes also have access to community facilities, such as swimming pools and tennis courts. In terms of decor, many expats choose to furnish their homes with a mix of local and international pieces. The overall aesthetic is often relaxed and comfortable, reflecting the laid-back lifestyle of Tauranga," said one person in Tauranga.
What is the average cost of housing in Tauranga?
If you are thinking about moving to Tauranga, cost of living in probably a key consideration. Expats commented about the cost of housing:
"As of 2021, the average cost of a house in Tauranga is approximately NZD 900,000. However, prices can vary significantly depending on the location, size, and condition of the property," said one expat in Tauranga.
Should I buy or rent a home in Tauranga?
If you have not spent a lot of time in Tauranga, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Tauranga, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Tauranga for a long time, buying a home could be a good investment. Owning a home allows you to build equity over time and could provide financial security in the future. However, buying a home also comes with significant upfront costs, such as the down payment and closing costs, and ongoing expenses like property taxes, home insurance, and maintenance costs. Therefore, you need to ensure you have a stable income and enough savings to cover these costs. On the other hand, renting a home in Tauranga could be a more flexible and less financially burdensome option, especially if you're not sure about your long-term plans or if you prefer not to deal with the responsibilities of homeownership. Renting allows you to move more easily if your circumstances change, and it often comes with fewer upfront and ongoing costs. However, renting also has its downsides. You won't build equity as you would with homeownership, and you'll have less control over your living space. Additionally, rent prices can increase over time, and there's always the possibility of eviction. In conclusion, whether you should buy or rent a home in Tauranga depends on various factors, including your financial situation, your long-term plans, and your personal preferences. It's important to weigh the pros and cons of both options and consider seeking advice from a financial advisor or real estate professional before making a decision," said one person in Tauranga.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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