House values in Waihi Beach have jumped nearly 10 per cent in one year, with a property in the area now estimated to be worth more than $800,000, according to Quotable Value's latest quarterly data.
The data showed the estimated median value of a home in Waihi Beach jumped 9.9 per cent from $731,250 in March 2017 to $803,600 in March 2018.
A home in the area was estimated to be worth $806,400 as at April 30 — a 30.1 per cent increase from $617,500 since the last market peak in October 2007.
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OneRoof data showed more than a quarter of Waihi Beach residents were aged 60-plus.
A OneRoof spokesman said the suburb's coastal charms had been a magnet for wealthy baby boomers for more than a decade and a half.