11 properties · Welcome Bay, Tauranga

Penny Place, Welcome Bay

Penny Place in Welcome Bay has 11 properties, valued by the council between $780,000 and $1,340,000 with a median of $1,040,000 (Welcome Bay: $850,000). More of its homes were built in the 1990s than in any other decade. We estimate its homes at a median $1,020,000. The last sale we have was in April 2025, for $1,060,000.

$1.04mmedian council valuation
$1.02mour median estimate
1980median year built
TaurangaWelcome Bay ×Penny Place ×

11 properties on Penny Place, Welcome Bay

Highest and lowest on Penny Place

Highest-valued home6 Penny Place$1,340,000council valuation · 3 bed · 209 m² floor · 3,000 m² land
Lowest-valued home4F Penny Place$780,000council valuation · 2 bed · 72 m² floor · 3,936 m² land

Property values on Penny Place

The council values Penny Place's 11 rated properties between $780,000 and $1,340,000. The middle half sit between about $947,500 and $1,195,000; the median is $1,040,000 and the mean $1,070,455.

Lowest: $780k$780kLowest10%: $870k20%: $930k20%30%: $965k40%: $1.01m40%Median: $1.04m60%: $1.16m60%70%: $1.18m80%: $1.21m80%90%: $1.29mHighest: $1.34m$1.34mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
21$780k0—
37$1.04m0—
43$1.18m0—

Council rating valuations: the council's figure for apportioning rates, not a market appraisal.

Penny Place compared with Welcome Bay

Penny Place's median council value is 22% above Welcome Bay's.

Penny PlaceWelcome BayTauranga
Median council value$1.04m$850k$875k
Median section4,907 m²700 m²670 m²
Median year built198019901990
Council value per m² of floor$8k$5k$6k

Recent sales on Penny Place

  • 6 Penny Place$1,060,00016 Apr 2025 · 3 bed · 209 m² floor · 3,000 m² land
  • 4F Penny Place$840,00027 Aug 2023 · 2 bed · 72 m² floor · 3,936 m² land
  • 71 Penny Place$1,115,00022 Sept 2022 · 4 bed · 133 m² floor · 10,230 m² land
  • 8 Penny Place$770,00010 May 2017 · 3 bed · 137 m² floor · 5,936 m² land
  • 4E Penny Place$600,00030 Nov 2016 · 3 bed · 123 m² floor · 6,134 m² land
  • 4C Penny Place$685,00018 May 2016 · 4 bed · 146 m² floor · 4,526 m² land
  • 6 Penny Place$570,00012 Jul 2015 · 3 bed · 209 m² floor · 3,000 m² land
  • 71 Penny Place$485,00010 Jun 2014 · 4 bed · 133 m² floor · 10,230 m² land
  • 4B Penny Place$475,00018 Jul 2012 · 3 bed · 117 m² floor · 4,907 m² land
  • 6 Penny Place$570,0006 May 2009 · 3 bed · 209 m² floor · 3,000 m² land
  • 71 Penny Place$340,00031 Oct 2005 · 4 bed · 133 m² floor · 10,230 m² land
  • 61 Penny Place$120,00014 Nov 2003 · 3 bed · 85 m² floor · 4,620 m² land
  • 4E Penny Place$195,0002 Apr 2003 · 3 bed · 123 m² floor · 6,134 m² land
  • 4F Penny Place$159,00027 May 2002 · 2 bed · 72 m² floor · 3,936 m² land
  • 4F Penny Place$77,0001 Mar 2001 · 2 bed · 72 m² floor · 3,936 m² land
  • 8 Penny Place$215,0007 Aug 2000 · 3 bed · 137 m² floor · 5,936 m² land
  • 4B Penny Place$185,00025 Jul 2000 · 3 bed · 117 m² floor · 4,907 m² land
  • 71 Penny Place$160,00021 Jun 2000 · 4 bed · 133 m² floor · 10,230 m² land
  • 4A Penny Place$223,0001 Mar 2000 · 4 bed · 163 m² floor · 4,370 m² land
  • 4C Penny Place$230,0002 Sept 1999 · 4 bed · 146 m² floor · 4,526 m² land

The homes on Penny Place

Penny Place has 11 houses. More were built in the 1990s than in any other decade (36%).

1930s: 1 (1 home)11930s1940s: 2 (2 homes)1940s1950s: 2 (2 homes)1950s1980s: 1 (1 home)1980s1990s: 4 (4 homes)41990s2010s: 1 (1 home)12010s

Sales and valuations as at 11 September 2026, from council and LINZ records. Medians resting on fewer than 3 sales are not shown.