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Investment Property Palmerston North, Manawatu-Wanganui

The median rent in for houses is $600 per week and the median rental yield is 4.88%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 66 days.The median listing price for units is $445,000 and this has changed 2.30% over the past year. The average unit takes 81 days to sell and the median rent for a unit in is $450 per week, producing a rental yield of 5.26%.

74,813

Population


35.84%

Rental population


221,649

Population


31.65%

Rental population


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

  House Townhouses Units
Median listing price $639,000 $575,000 $445,000
Median price change - last quarter 0.94% 0.89% 2.38%
Median price change - 1 year -0.93% 2.30% 2.30%
Median price change - 2 years 0.00% -7.87% -3.33%
  House Townhouses Units
Median weekly rent $600 $560 $450
Median yield % 4.88% 5.06% 5.26%
Median rent change - 1 year 1.69% 6.67% 4.65%
  House Units
Average days on market 66 81

Palmerston North investment property listings

Showing 5 of 19 investment properties found in Palmerston North on realestateinvestar.co.nz

631 Pahiatua Aokautere Rd, Aokautere

$1,150,000

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First-class city outlook

Presenting an opportunity to live a wonderful lifestyle with all the benefits of a central location nestled in the family-friendly suburb of Aokautere, within ten minutes to Summerhill. Set well back from the road, there is a commanding presence to this property, the first glimpse of the house ...

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Manawatu-Wanganui 4471


1 Dampier Ave, Awapuni

$489,000

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Move in OR Invest

Currently returning $550 per week with a fixed tenancy in place through to November 2025, this one's ideal for investors wanting steady returns or first home buyers who would like to move in before Christmas. The interior of this four-bedroom home in the heart of Awapuni is well ...

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House

Manawatu-Wanganui 4412


200 College St, West End

$399,000

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West End Winner - Owner Says Sell!

The out of town owner is motivated to sell so don't miss your chance to secure this cutie with scope! This one bedroom solid charmer is the perfect blend of character, potential, and convenience. Set on a generous 505m2 section, this 53m2 home features wooden floors throughout, and a ...

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House

Manawatu-Wanganui 4410


57 Benmore Ave, Cloverlea

$485,000

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Peaceful and Private. Your City-Edge Retreat!

Set on a private rear site right on the edge of the city boundary, this home is a real surprise package - offering a sense of calm and space that's hard to find at this price point. This is an exceptional (crosslease 1/2 share) property at an enticing price point - move quickly to secure this ...

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House

Manawatu-Wanganui 4412


67 Geraldine Cres, Cloverlea

$435,000

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Affordable First home or Smart investment!

Priced well from motivated vendor for a genuine sale or it will go to rental market. May I have your attention on this entry level realty located in a quiet neighbourhood of Cloverlea. This is a smart opportunity for first-home buyers with limited budget or investors to maximise their ...

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House

Manawatu-Wanganui 4412


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