NZ Property Investor

SEA, SUN AND SOARING PRICES

Nestled quietly along the North Island’s eastern coastline is Tauranga, a city that’s home to New Zealand’s fastest-growing population and staggering house price growth.

It is part of the golden triangle along with Auckland and Hamilton. The three cities make up three sides of economic growth and residential development and it is predicted the combined trio will be home to 53% of the country’s population by 2031.

Although Tauranga is classed as one of the country’s smaller cities, by area it is the fifth most populous in New Zealand, with an urban population of 155,200 as at June last year, or roughly 3% of the national population.

Tauranga people rate their quality of life higher than those in other large New Zealand cities. Situated in the Bay of Plenty, Tauranga was named by Captain James Cook after the plentiful amounts of fish, sunshine and generous people.

Not only does Tauranga have a city hub, it also has some of the country’s favourite tourist beaches at Mount Maunganui and Papamoa.

There are about 260 kilometres of coastline in the Bay of Plenty, so secluded

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