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Investment Property Manawatu-Wanganui, New Zealand

State Snapshot

Manawatu-Wanganui is a state in New Zealand. Manawatu-Wanganui has a population of 221,649 people and 31.65% of its occupants live in rental accommodation. The median listing price for houses is $549,000 and this has changed -1.79% over the past year and changed -2.78% over 2 years.

The median rent in for houses is $570 per week and the median rental yield is 5.40%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 90 days.The median listing price for units is $399,000 and this has changed 2.57% over the past year. The average unit takes 95 days to sell and the median rent for a unit in Manawatu-Wanganui is $440 per week, producing a rental yield of 5.73%.

Supply & Demand in Manawatu-Wanganui

221,649

Population


31.65%

Rental population


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

Statistical data for Manawatu-Wanganui

  House Townhouses Units
Median listing price $549,000 $499,000 $399,000
Median price change - last quarter 0.00% -0.40% 1.01%
Median price change - 1 year -1.79% 2.57% 2.57%
Median price change - 2 years -2.78% -7.51% -7.27%
  House Townhouses Units
Median weekly rent $570 $520 $440
Median yield % 5.40% 5.42% 5.73%
Median rent change - 1 year 1.79% 4.00% 4.76%
  House Units
Average days on market 90 95

Manawatu-Wanganui investment property listings

Showing 5 of 2,900 investment properties found in Manawatu-Wanganui on realestateinvestar.co.nz

6 Banksia Grove, Milson

$0

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Timeless family elegance on Banksia

For sale by Auction, 10.30am, Fri 27 Feb 2026 (unless sold prior) Bayleys, 243 Broadway Avenue, Palmerston North. Exuding timeless sophistication, this stately 363sqm (more or less) residence combines classical elegance with contemporary living. Designed for both family comfort and ...

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4

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House

Manawatu-Wanganui 4414


82 Parsons St, Springvale

$549,000

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Character and craftsmanship in every corner

Deadline sale, offers invited over $549,000, closing 12pm, Thu 19 Feb 2026 (unless sold prior) Stunningly unique, 82 Parsons Street offers a lucky new owner a truly special home, rich in character and craftsmanship. Beautiful timber features flow throughout, including ...

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3

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House

Manawatu-Wanganui 4501


12 Moana St, Whanganui East

$429,000

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A smart start or stylish downsize

Positioned in Whanganui East, this neatly presented two-bedroom home delivers an easy, low-maintenance lifestyle with just the right balance of comfort and convenience. Well suited to downsizers, or buyers seeking an ideal first home or investment opportunity, the home feels immediately welcoming, ...

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2

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Unit

Manawatu-Wanganui 4500


7A Seafront Rd, Castlecliff

$830,000

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One Title Two Properties!

Nestled in the picturesque Castlecliff, the exceptional property at 7a Seafront presents a rare investment opportunity with two separate dwellings on one title, each fenced off for privacy and autonomy. This is a prime offering for investors or those seeking a home and income setup, mere steps ...

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5

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House

Manawatu-Wanganui 4501


34B Field St, Aramoho

$385,000

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It's the easy life for you

If you want more time to get on with life, 34B Field St is just what you've been looking for. This attractive, modern brick townhouse has all the space, privacy and outdoor living you need for easy living. Let's start with spacious open plan kitchen, dining and living, with easy outdoor flow onto ...

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Townhouse

Manawatu-Wanganui 4500


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