Karaka is an expanding master planned township situated in the south of Auckland, New Zealand. It is located approximately 35 kilometers south of Auckland CBD and is within the Franklin District. Karaka presents an early stage opportunity for property investors, with strong fundamentals in place to drive long term capital appreciation. This is due to its proximity to Auckland CBD, its rural lifestyle and attractive “first mover advantage" today, in view of the booming populations and in line with the expansion of the township.
4 Bedroom Terrace house. From NZD$1.059m
3 Bedroom Terrace house. From NZD$949,000
2 Bedroom Terrace house. From NZD$749,000
3 Bedroom Standalone house. From NZD$1.099m
4 Bedroom Standalone house. From NZD$1.399m
5 Bedroom Standalone house. From NZD$1.389m
Lifestyle
The Karaka region offers an escape from the hustle and bustle of city life and a relaxed rural lifestyle with plenty of open space and stunning views of the Hunua Ranges. The area is home to a number of thoroughbred horse studs, dairy farms, and sheep farms. Karaka is also home to the Karaka Sales Complex, which is the largest thoroughbred yearling sale in the Southern Hemisphere.
The Karaka Harbourside is a vibrant spot for residents living in Karaka, South Auckland. It is a popular destination for locals and visitors alike, offering a variety of activities and attractions.
The harbourside is home to a number of restaurants, cafes, and bars, as well as a marina, boat ramps, and a playground. There are also several walking and cycling tracks that offer stunning views of the harbour and surrounding countryside.
In the summer, the harbourside is a popular spot for swimming, sunbathing, and water sports. There are also a number of events held at the harbourside throughout the year, including festivals, markets, and concerts.
Strong Capital Appreciation Potential
Karaka is a rapidly growing area with a number of new developments underway. To cope with the growing population, the area is also home to a number of schools, shopping centres, medical facilities, library and a number of parks and sports facilities, while many new facilities are currently being developed. This makes Karaka an attractive option for property investors to take the first mover advantage to ride on the area’s strong growth potential.
The Population of Karaka is expected to grow by 20% in the next five years. This figure is from Auckland Council. Auckland Council's Growth and Development Strategy projects that the population of Karaka will grow by 20% between 2023 and 2028.
Proximity
Karaka is located just south of Auckland and is easily accessible by car via the Southern Motorway (State Highway 1), which is a major highway in New Zealand. The Southern Motorway runs from Auckland to Wellington, and it passes through Karaka on its way south. Karaka is also served by major bus routes or the Papakuratrain station provides a direct link to Auckland CBD.
Exclusivity, privacy, and space
The combination of high-income earners, a strong rental market, and a limited supply of housing has created an exclusive and private atmosphere in Karaka. The area is also known for its spacious homes and its proximity to the Hunua Ranges, which offer stunning views and plenty of opportunities for outdoor recreation.
Will investing in this area be a right fit for you? Does it tick all the boxes to demonstrate strong capital growth potential and rental demand? Reach out to us for more information and for a detailed discussion
Note: This page may not be updated in a timely fashion to reflect any changes, such as the availability of the property. While we strive to maintain the accuracy of the details, they are subject to changes without prior notice and no liability can be admitted as a result of any error. The information on this page should not be relied on solely for making an investment decision.