Marewa is a diverse suburb comprising a mix of standard residential homes, well regarded Art Deco areas and a mix of tidy and less sought-after pockets of state housing. The suburb benefits from several parks and reserves and close proximity to the Napier central business district.
Areas of both Art Deco housing and state housing within the suburb are protected under the Napier City Council Plan. Housing on the north western side of Kennedy Road tends to have higher market values.
The dominance of state housing within parts the suburb has the effect of lowering the median sale price to the lower-middle value range for Napier. The suburb experienced relatively sustainable value growth between 2010 and 2015 and has kept pace with the wider market during the current period of strong value growth in Napier.
Please let us know if our valuers can assist you with your next valuation in Marewa, Napier.