Figures

2023 New Zealand Regional Figures Report - Tauranga

February 21, 2024 7 Minute Read

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Explore the Tauranga property market trends for December 2023, showcasing consistent rental growth in commercial office and industrial sectors. Despite COVID-19, the local office market remained resilient, with low vacancy rates and suburban spaces gaining traction. Industrial property also noted ongoing rental growth due to constrained supply and high tenant demand. However, the retail sector showed slow to moderate growth, with low vacancy levels except in the CBD. Discover the changing market dynamics and investment opportunities across Tauranga's CBD, Mount Maunganui, Te Puke, and Katikati areas.