Waihi Beach is a bustling, boutique coastal suburb in the Western Bay of Plenty, that is renowned for its white sandy beach stretching almost 10km down the coast. It’s home to a small beachside community with a residential township of about 2700 permanent residents and is located only 10 minutes from Waihi township, and 35 minutes to Tauranga city.
With the uptake in holiday hot spots becoming locations for permanent living, brought on largely by COVID and the working from home lifestyle that came with it, real estate in the area has understandably soared. There were only 8 residential sales in Waihi Beach for November 2021, with the low stock levels and high demand having a significant effect on prices. The median sale price for November was $1,430,000, a massive 48% increase on the median price from November 2020. However, this is a 20% decrease on the median price for October 2021 at $1,831,000, indicating that prices are starting to ease heading into the summer months.
Despite its small population, there is plenty to do in Waihi Beach. In addition to surfing and swimming, the area is home to several walks to secluded spots like Orokawa Bay, William Wright Falls or Homunga Bay. There are plenty of delicious places to grab a bite to eat, like Surf Shack Eatery or the popular Flat White Café. Boutique shops line the main street, and the Sunday Market is also a great place to browse the many eclectic stalls and meet the friendly locals. With such a kiwi coastal vibe, combined with a great community culture, its easy to see why Waihi Beach is a fantastic place to visit and live.
If you would like more information on the current real estate market in Waihi Beach and the surrounding area, get in touch with our team at EVES Waihi. They will be happy to answer any queries you have. Visit https://www.eves.co.nz/our-people or email waihi@eves.co.nz