Parewanui is a suburb which lies within the Territorial Authority of Rangitikei, one of 16 residential suburbs which form the wider region. Parewanui is the 9th largest suburb of Rangitikei in terms of the total number of residential housing stock. Parewanui provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1910 - 1919. The majority of the residential housing stock in the locality was constructed between 1970 - 1979. Residential housing stock in Parewanui is made up of approximately 88% residential housing and 12% lifestyle properties.