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Investment Property Picton, Marlborough

Suburb Snapshot

Picton is a suburb in the Marlborough Region of Marlborough. Picton has a population of 2,914 people and 32.48% of its occupants live in rental accommodation. The median listing price for houses is $692,500 and this has changed 0.36% over the past year and changed 5.34% over 2 years.

The median rent in Picton for houses is $550 per week and the median rental yield is 4.13%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 187 days.The median listing price for units is $547,500 and this has changed NA over the past year. The average unit takes 130 days to sell and the median rent for a unit in Picton is $400 per week, producing a rental yield of 3.80%.

Supply & Demand in Picton, Marlborough

43,449

Population


27.13%

Rental population


43,449

Population


27.13%

Rental population


This is information is brought to you by realestateinvestar.co.nz - The online home for property investors

Statistical data for Picton, Marlborough

  House Townhouses Units
Median listing price $692,500 NA $547,500
Median price change - last quarter 0.51% NA NA
Median price change - 1 year 0.36% NA NA
Median price change - 2 years 5.34% NA NA
  House Townhouses Units
Median weekly rent $550 NA $400
Median yield % 4.13% NA 3.80%
Median rent change - 1 year 1.85% NA 8.11%
  House Units
Average days on market 187 130

Picton investment property listings

Showing 5 of 55 investment properties found in Picton on realestateinvestar.co.nz

12 Russell St, Picton

$980,000

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Do not hesitate, this home must go!

Welcome to this stunning family home that offers easy living and beautiful north-facing Marina views! The property boasts a large 1,060sqm terraced section that features well-manicured lawns, low-maintenance raised garden beds, and a variety of decks that provide a great extension of living ...

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Marlborough 7220


503/6 London Qy, Picton

$1,400,000

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Penthouse Waterfront Living on Picton Harbour

Located directly opposite Picton's waterfront, this unique, spacious and low maintenance home delivers much more than your average seaside apartment. An ideal connection to the Queen Charlotte Sounds with easy access to sailing, swimming, kayaking or paddleboarding, fishing or simply enjoy the ...

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Unit

Marlborough 7220


125 Wellington St, Picton

$699,000

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Charming Character Villa Awaits New Owner!

Immerse yourself in the charm of yesteryear with this quintessential VILLA, where timeless elegance meets modern convenience. Tucked away in a tranquil setting where the hustle and bustle of town life is just a leisurely stroll away, this home offers the best of both worlds. With high studs and ...

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House

Marlborough 7220


151 Waikawa Rd, Picton

$590,000

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Genuine Opportunity Here for the Astute Buyer

$640,000 plus GST Combining commercial and residential, this property represents an amazing opportunity to live and work in one location. It has high visibility with its Waikawa Road position, as well as excellent parking and street frontage. The property has been refurbished, including a new ...

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House

Marlborough 7220


246 Waikawa Rd, Picton

$599,000

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Picton Delight With 4-Car Garaging

Situated in the lovely Waikawa area of Picton, this property offers a blend of convenience and tranquility. Boasting multiple garages, this is a dream come true for those who have a growing car collection, enjoy tinkering with motorcycles, have DIY projects, hobbies or just need extra ...

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Marlborough 7220


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