Estimate

8 Pennington Place, Welcome Bay, Tauranga

HomesEstimate: $675K - $750K

3 Beds
2 Baths
2 Parks

Ownership type (Council record): Freehold

Floor Area (Council record): 138m² more or less

Land area (Council record): 782m² more or less

Bedrooms (Council record): 3 Bedrooms

Bathrooms (Council record): 2 Bathrooms

Garage parking (Council record): 2 Garage parking

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HomesEstimate

Updated: 14 May 2026

$675K - $750K

What is the HomesEstimate?

RentEstimate

Updated: 02 May 2026

$500 - $650 /week

Rental yield

4.2%

What is rental yield?

These are computer-generated price estimates.
To understand your home’s value, get an appraisal from a local agent.

Sale history timeline

01 October 2025
Consent issued
Install a freestanding maxen kinmont 350 solid fuel heater
01 May 2023
Capital Value
$650,000
01 July 2021
Capital Value
$675,000
01 July 2018
Capital Value
$435,000
01 July 2015
Capital Value
$278,000
18 September 2005
Sold
$294,005
S11
19 July 2000
Sold
$112,000
S11
25 May 1997
Sold
$143,000
S11
22 February 1996
Sold
$102,000
S11
15 November 1994
Sold
$99,000
S11
19 February 1994
Sold
$87,500
S11
16 July 1987
Sold
$N/A
S13
22 March 1983
Sold
$N/A
S13
01 January 1980
Decade built
1980

Local Schools

IN ZONE Welcome Bay School
309 Welcome Bay Road
195 m
Contributing (Primary), State, 285 enrolled
IN ZONE Tauranga Intermediate
30 18th Avenue
3.8 km
Intermediate (Intermediate), State, 1260 enrolled
IN ZONE Tauranga Boys' College
664 Cameron Road
4.4 km
Secondary (Year 9-13) (Secondary), State, 2233 enrolled

IN ZONE Tauranga Girls' College
930 Cameron Road
4.7 km
Secondary (Year 9-13) (Secondary), State, 1435 enrolled
UNZONED Maungaarangi Kindergarten And Family Centre
22 Esmeralda Street
132 m
Free Kindergarten (Early Childhood), Community based, 31 enrolled
UNZONED Welcome Bay Playcentre
333 Welcome Bay Road
181 m
Playcentre (Early Childhood), Community based, 79 enrolled
UNZONED Tauranga Waldorf School
364 Welcome Bay Road
960 m
Full Primary (Primary & Intermediate), State : Integrated, 196 enrolled
UNZONED Welcome Bay Free Kindergarten
15 Portland Street
1.3 km
Free Kindergarten (Early Childhood), Community based, 46 enrolled
OUT OF ZONE Selwyn Ridge School
20 Holmburn Street
1.4 km
Contributing (Primary), State, 470 enrolled
UNZONED Maungatapu Free Kindergarten
187 Te Hono Street
1.6 km
Free Kindergarten (Early Childhood), Community based, 50 enrolled
UNZONED Te Kōhanga Reo O Ōpopoti
25 Wikitoria Street
1.9 km
Te Kōhanga Reo (Early Childhood), Community based, 17 enrolled
OUT OF ZONE Maungatapu School
164 Maungatapu Road
2 km
Contributing (Primary), State, 592 enrolled
UNZONED Te Kura O Matapihi
398 Matapihi Road
3.2 km
Full Primary (Primary & Intermediate), State, 184 enrolled
UNZONED St Mary's Catholic School (Tauranga)
Thirteenth Avenue
3.4 km
Contributing (Primary), State : Integrated, 454 enrolled
UNZONED Te Whakatipuranga (Otumoetai Tpu)
Windermere Drive
4 km
Teen Parent Unit (Secondary), State
UNZONED Tkkm O Otepou
759 Welcome Bay Road
4.2 km
Full Primary (Primary & Intermediate), State, 71 enrolled
OUT OF ZONE Mt Maunganui Intermediate
Lodge Avenue
6.9 km
Intermediate (Intermediate), State, 705 enrolled
UNZONED Aquinas College
183 Pyes Pa Road
7 km
Secondary (Year 7-13) (Intermediate & Secondary), State : Integrated, 828 enrolled
OUT OF ZONE Mount Maunganui College
565 Maunganui Road
7.1 km
Secondary (Year 9-13) (Secondary), State, 1729 enrolled
UNZONED Bethlehem College
24 Elder Lane
7.8 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State : Integrated, 2032 enrolled
UNZONED Tkkm O Te Kura Kokiri
1223 Welcome Bay Road
7.8 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State, 264 enrolled

While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.