136 Ranolf Street, Glenholme, Rotorua

136 Ranolf Street presents a compelling investment opportunity in Glenholme, one of Rotorua’s most desirable central suburbs. With long-term capital growth averaging 7.30% over the past 10 years and 5.64% across 20 years, Glenholme has demonstrated consistent performance. The suburb’s median sales price sits at $680,000, yet this project is priced below at $610,000, offering investors immediate entry-value. Its central location ensures strong appeal, with easy access to the Rotorua CBD, schools, supermarkets, and local amenities, making it a sought-after spot for both homeowners and tenants.

Rental fundamentals add further strength to the investment case. The median rent in Glenholme is $580 per week, while this property has been appraised between $575–$590 per week, delivering a gross yield of around 5.0%. Demand for quality rental housing in Rotorua remains robust, driven by the city’s growing population, central employment hubs, and the appeal of Glenholme’s proximity to schools, parks, and shopping. The area is particularly popular with professionals, families, and retirees, supporting both occupancy and rental growth.

Rotorua’s wider market outlook also supports investment. The number of households is projected to increase by 23% by 2054. Property values remain more affordable than the national average, allowing investors to achieve stronger yields compared to larger urban centres. The local economy is underpinned by tourism, agriculture, and forestry, providing stable employment and rental demand, while Rotorua’s central location, just an hour from Hamilton and Tauranga, adds further long-term appeal.

In summary, 136 Ranolf Street combines below-median entry pricing, reliable rental performance, and strong long-term capital growth in a suburb well-positioned for continued demand. With Rotorua’s economy, infrastructure, and population growth driving housing needs, this development offers investors a balanced opportunity to secure both income and capital appreciation in one of New Zealand’s most dynamic regional centres.