
Pennington Place, Welcome Bay
Pennington Place in Welcome Bay has 13 properties, valued by the council between $590,000 and $930,000 with a median of $650,000 (Welcome Bay: $850,000). Most of its homes were built in the 1970s. We estimate its homes at a median $651,000. The last sale we have was in August 2024, for $880,000.
13 properties on Pennington Place, Welcome Bay













Highest and lowest on Pennington Place
Property values on Pennington Place
The council values Pennington Place's 12 rated properties between $590,000 and $930,000. The middle half sit between about $634,750 and $692,250; the median is $650,000 and the mean $680,833.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 2 | 1 | $625k | 0 | — |
| 3 | 10 | $650k | 0 | — |
| 4 | 1 | $770k | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Pennington Place compared with Welcome Bay
Pennington Place's median council value is 24% below Welcome Bay's.
| Pennington Place | Welcome Bay | Tauranga | |
|---|---|---|---|
| Median council value | $650k | $850k | $875k |
| Median section | 675 m² | 700 m² | 670 m² |
| Median year built | 1975 | 1990 | 1990 |
| Council value per m² of floor | $7k | $5k | $6k |
Recent sales on Pennington Place
- 7 Pennington Place$880,00027 Aug 2024 · 3 bed · 149 m² floor · 1,152 m² land
- 7 Pennington Place$650,00012 Dec 2019 · 3 bed · 149 m² floor · 1,152 m² land
- 6 Pennington Place$235,00022 Aug 2009 · 4 bed · 160 m² floor · 642 m² land
- 8 Pennington Place$294,00518 Sept 2005 · 3 bed · 138 m² floor · 782 m² land
- 7 Pennington Place$360,00011 Jun 2005 · 3 bed · 149 m² floor · 1,152 m² land
- 12 Pennington Place$175,00011 Oct 2004 · 3 bed · 89 m² floor
- 7 Pennington Place$298,00012 Aug 2004 · 3 bed · 149 m² floor · 1,152 m² land
- 7 Pennington Place$160,0003 Sept 2002 · 3 bed · 149 m² floor · 1,152 m² land
- 6 Pennington Place$155,00022 Mar 2002 · 4 bed · 160 m² floor · 642 m² land
- 5 Pennington Place$137,00024 May 2001 · 3 bed · 100 m² floor · 356 m² land
- 8 Pennington Place$112,00019 Jul 2000 · 3 bed · 138 m² floor · 782 m² land
- 7 Pennington Place$182,0002 Nov 1999 · 3 bed · 149 m² floor · 1,152 m² land
- 5 Pennington Place$160,0006 Nov 1998 · 3 bed · 100 m² floor · 356 m² land
- 2 Pennington Place$118,0003 Nov 1998 · 3 bed · 80 m² floor · 1,007 m² land
- 5 Pennington Place$48,0008 Oct 1998 · 3 bed · 100 m² floor · 356 m² land
- 6 Pennington Place$166,0007 Oct 1997 · 4 bed · 160 m² floor · 642 m² land
- 8 Pennington Place$143,00025 May 1997 · 3 bed · 138 m² floor · 782 m² land
- 7 Pennington Place$200,00012 Nov 1996 · 3 bed · 149 m² floor · 1,152 m² land
- 8 Pennington Place$102,00022 Feb 1996 · 3 bed · 138 m² floor · 782 m² land
- 8 Pennington Place$99,00015 Nov 1994 · 3 bed · 138 m² floor · 782 m² land
The homes on Pennington Place
Pennington Place has 11 houses and 2 units and townhouses. Most were built in the 1970s (50%).
Building and resource consents on Pennington Place
- 9 Pennington Place1 Mar 2026 · Building consent1 x 4-bdrm dwg 1 x 3-bdrm dwg x2 (duplex) 1 x 2-bdrm dwg x2 (duplex) 1 x 5-bdrm dwg retaining walls
- 8 Pennington Place1 Oct 2025 · Building consentInstall a freestanding maxen kinmont 350 solid fuel heater
More streets in Welcome Bay
- Welcome Bay Road260
- Waitaha Road160
- Ballintoy Park Drive153
- Kaitemako Road138
- Meander Drive132
- Osprey Drive127
- Waikite Road122
- Forrester Drive111
- Victory Street111
- Esmeralda Street88
- Oteki Park Drive86
- Resolution Road86
Every street in Welcome Bay, and the suburb's house prices and sales.
Sales and valuations as at 11 September 2026, from council and LINZ records. Medians resting on fewer than 3 sales are not shown.