Parkvale

NZDep 6
Pop 2,331Median age 46Hastings District

Parkvale is a small suburb in Hawke's Bay with a population of 2,331 and a median age of 46. Median personal income is $34K per year. The main ethnic groups are European, Māori, Asian.

Median weekly rent in Parkvale is $595 (595 houses, 370 units). This represents approximately 91% of median weekly personal income.

Livability indicators for Parkvale: NZDep decile 6 (moderate deprivation); 1 school with avg EQI 462.

In 2026, Parkvale recorded 0 building approvals (0 houses, 0 units), down 100% year-on-year.

INVESTMENT SIGNALS
Rent Affordability91% Stretched
School QualityEQI 462 Average
DeprivationDecile 6 Moderate
Development-100% Slowing
RENTAL MARKET
Median Rent /wk$595
House Rent /wk$595
Unit Rent /wk$370
Rent-to-Income90.7%
Lodgements36
1/10/2025
DEMOGRAPHICS
Population2,331
Median Age46
Household Size
Personal Income$34K/yr
Household Income
ETHNICITY
European71.9%
Māori15.0%
Asian8.2%
Pacific Peoples4.0%
MELAA0.9%
TOP INDUSTRIES
Health Care and Social Assistance147
Manufacturing141
Construction120
SCHOOLS (1)
Avg EQI462
Total Students477
State1
Parkvale SchoolContributing · State · EQI 462 · 477 students
LIVABILITY (NZDep 2023)
Deprivation Decile6/10
NZDep Score989
Moderate deprivation — typical of many NZ suburbs.
DEVELOPMENT
Approvals (2026)0
YoY Change-100%
Data: Stats NZ Census 2023 · MBIE · MoE · NZDep2023