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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 3,011 investment properties found in Manawatu-Wanganui on realestateinvestar.co.nz

22 Pukeko St, Taihape

$245,000

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Affordable starter with room to personalise

This well located Taihape home offers fantastic potential for buyers seeking character, practicality, and the opportunity to add their own personal touch. The two bedrooms feature native timber doors, warm timber joinery, and built-in wardrobes, giving the home instant charm. A ...

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Manawatu-Wanganui 4720


188 Smiths Rd, Ohakune

$785,000

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Modern, lifestyle living with mountain views

Escape to your own slice of country tranquillity at 188 Smiths Road - a modern lifestyle retreat where comfort, space, and breathtaking mountain views come together beautifully. Set on approximately one hectare (more or less), this contemporary four-bedroom, two-bathroom home has been ...

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Other

Manawatu-Wanganui 4691


642 Pioneer Hwy, Highbury

$0

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A grand heritage home steeped in history

For sale by Tender, closing 2pm, Wed 1 Apr 2026 (will not be sold prior), Bayleys, 243 Broadway Avenue, Palmerston North Set off the road and down a sweeping driveway, you will find this grand home, built circa 1903–1904 by master builder Abraham du Fresne, a Danish craftsman of French ...

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Manawatu-Wanganui 4412


37 Duke St, Levin

$0

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Opportunity knocks, make It yours

Positioned on a generous 807m2 section, this classic 1960s three bedroom home presents a fantastic opportunity for new owners ready to add their own touch. The spacious lounge enjoys lovely morning sun and flows easily through to the open plan kitchen and dining area, providing an easy, functional ...

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Manawatu-Wanganui 5510


44-46 Raurimu Rd, Raurimu

$0

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Private 2.3ha site with scope for Lodge or retreat

Set on an expansive 22,951sqm (more or less) freehold site, this property comprises multiple buildings with a combined floor area of approximately 550sqm, offering scale, privacy, and significant potential. Originally built in the 1950s and utilised for outdoor education and group accommodation, ...

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Manawatu-Wanganui 3989


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