Two Bay of Plenty people have been attacked in their own home by masked intruders armed with an axe and crowbar.

Detective Sergeant Darryl Brazier said the two armed men entered a house on Waterford Park Drive in Pāpāmoa about 4.30am and assaulted a man and woman.

The men were wearing masks and stole two cars from the house. These were a black 2011 Holden Commodore and a 1998 silver BMW, Brazier said.

They were found at a rural address near Pāpāmoa shortly later.

The victims received minor injuries in the attack and did not require medical treatment.

However, both were "pretty traumatised" and currently speaking with police, Brazier said.

Officers were at the Waterford Drive property this morning examining the scene.

Brazier said until this was completed, he was unable to say whether anything else had been taken from the property.

"We have very little at this stage because the victims are still being interviewed, so really, we are looking for any witnesses that might have seen the cars, or other activity, this morning.

"We know these vehicles left the address in convoy. We're not sure where they went to from the address, at this stage."

Brazier asked anyone with information about the invasion to call police on (07) 577 4300 or anonymously call Crimestoppers on 0800 555 111.