WSP 24 6 PROPERTY 6.1 RESIDENTIAL DWELLINGS Table 6-1. Housing stock, occupancy and under-construction 201831. Area Total Occupied Unoccupied Under construction Construction (% of total) Waihi Town 2,475 2,238 231 6 0.2% Local 22,851 16,341 6,378 132 0.6% Waikato 198,291 165,258 31,779 1,257 0.6% Bay of Plenty 127,812 112,263 14,568 981 0.8% New Zealand 1,886,517 1,673,880 196,506 16,128 0.9% Note – construction within Waihi Town, the Local area and Waikato District is below the national rate of construction in 2018. 6.2 RATE OF HOME OWNERSHIP VERSUS RENTING 6.2.1 NATIONAL, REGIONAL, LOCAL, AND WAIHI TOWN As of 2018, the rate of homeownership for Waihi Town and the Local area were higher than for the larger Waikato and Bay of Plenty regions and additionally for New Zealand as a whole (see Table 6-2). Table 6-2. Rate of home ownership versus renting 201832. Area Owner Occupier Renter Waihi Town 68.8% 31.0% Local Area 72.7% 27.3% Waikato 63.6% 36.4% Bay of Plenty 66.8% 33.2% New Zealand 64.5% 35.5% 31 (Statistics New Zealand, 2018d) 32 (Statistics New Zealand, 2018f) Values taken from Property type total, Bedrooms total for Waihi, Local, and New Zealand mean rent for the quarter ending 01/09/2020.
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