A scene guard was in place at the property overnight and a scene examination will continue today.

"Police can confirm that this incident took place on Seaforth Rd, near a property where a man was killed on 1 January," said Detective Sergeant Andrew Saunders.

"There is nothing to suggest at this stage that there is any connection between the two deaths.

"We understand that these two incidents will have been very unsettling for Waihi Beach residents.

"We want to reiterate that these incidents involved people known to each other, and there is no risk to the wider community."

Waihi Beach residents can expect to see an increased police presence in the coming days as reassurance patrols are carried out.

On January 1 Derrick Hann died after a "disorder incident" on Seaforth Rd.

The 56-year-old Te Kuiti man was found in a critical condition after police were called to just after 1am.

Hann was a father-of-two and grandfather.

His death noticed said Waihi Beach was his family's "happy place".

His funeral will be held on January 8.

An investigation into his death is ongoing.

The incident was not the first time tragedy has struck the small community on January 1.

In 2013, expatriate New Zealander Robert Wilkinson was stabbed outside a caravan parked in the driveway of a Waihī Beach home.

He died in Waikato Hospital two days later.

Waihī teenager Israel Kaihau was found guilty of manslaughter later that year and was sentenced to jail for a minimum of four years.