Makaretu

NZDep 6
Pop 2,637Median age 42Central Hawke's Bay District

Makaretu is a small suburb in Hawke's Bay with a population of 2,637 and a median age of 42. Median personal income is $40K per year. The main ethnic groups are European, Māori, Asian.

Median weekly rent in Makaretu is $530 (530 houses, 0 units). This represents approximately 69% of median weekly personal income.

Livability indicators for Makaretu: NZDep decile 6 (moderate deprivation); 4 schools with avg EQI 490.

In 2026, Makaretu recorded 2 building approvals (2 houses, 0 units), down 80% year-on-year.

INVESTMENT SIGNALS
Rent Affordability69% Stretched
School QualityEQI 490 Below Average
DeprivationDecile 6 Moderate
Development-80% Slowing
RENTAL MARKET
Median Rent /wk$530
House Rent /wk$530
Rent-to-Income68.7%
Lodgements15
1/10/2025
DEMOGRAPHICS
Population2,637
Median Age42
Household Size
Personal Income$40K/yr
Household Income
ETHNICITY
European73.2%
Māori19.4%
Asian4.8%
Pacific Peoples2.4%
MELAA0.2%
TOP INDUSTRIES
Agriculture, Forestry and Fishing474
Manufacturing213
Construction111
SCHOOLS (4)
Avg EQI490
Total Students194
State4
Takapau SchoolFull Primary · State · EQI 496 · 106 students
TKKM o TakapauFull Primary · State · EQI 549 · 32 students
Ongaonga SchoolFull Primary · State · EQI 453 · 29 students
Sherwood School (Hawkes Bay)Full Primary · State · EQI 460 · 27 students
LIVABILITY (NZDep 2023)
Deprivation Decile6/10
NZDep Score996
Moderate deprivation — typical of many NZ suburbs.
DEVELOPMENT
Approvals (2026)2
  Houses2
YoY Change-80%
Data: Stats NZ Census 2023 · MBIE · MoE · NZDep2023