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Investment Property Palmerston North, Manawatu-Wanganui

Suburb Snapshot

Palmerston North is a suburb in the Palmerston North Region of Manawatu-Wanganui. Palmerston North has a population of 7,859 people and 52.30% of its occupants live in rental accommodation. The median listing price for houses is $704,000 and this has changed 8.47% over the past year and changed 0.00% over 2 years.

The median rent in Palmerston North for houses is $600 per week and the median rental yield is 4.43%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 83 days.The median listing price for units is $395,000 and this has changed -12.22% over the past year. The average unit takes 152 days to sell and the median rent for a unit in Palmerston North is $420 per week, producing a rental yield of 5.53%.

Supply & Demand in Palmerston North, Palmerston North

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

Statistical data for Palmerston North, Palmerston North

  House Townhouses Units
Median listing price $704,000 NA $395,000
Median price change - last quarter 4.71% NA 0.00%
Median price change - 1 year 8.47% -12.22% -12.22%
Median price change - 2 years 0.00% 0.31% 0.11%
  House Townhouses Units
Median weekly rent $600 $545 $420
Median yield % 4.43% NA 5.53%
Median rent change - 1 year 3.45% 0.93% 7.69%
  House Units
Average days on market 83 152

Palmerston North investment property listings

Showing 5 of 33 investment properties found in Palmerston North on realestateinvestar.co.nz

16 Pirie St, Palmerston North

$929,000

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Central City Oasis - Expansive Family Living

Priced to meet current market expectations. RV $1,115,000. Motivated vendors like to see your offer! 16 Pirie St is an impressive family residence with a spacious layout tailored for daily entertaining & living. Located in a serene central suburb, it combines two dwellings on one section that ...

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Manawatu-Wanganui 4410


18 Princess St, Palmerston North

$290,000

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You choose the location

Brand new, constructed by UCOL to the highest standards, under supervision, by the next generation of carpenters. So, wherever you relocate this fantastic brand spanking double glazed new three bedroom home to is up to you. maybe the beach, - fantastic for summer but cosy in winter with a great ...

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Manawatu-Wanganui 4410


158A Heretaunga St, Palmerston North

$630,000

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YOUR PERFECT HAVEN AWAITS!

Step into the epitome of convenience and comfort with this stunning property at 158A Heretaunga Street! From its thoughtful layout to its prime location, this home is designed to elevate your lifestyle in every way possible. Features that will captivate you: Single internal access garage for ...

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Townhouse

Manawatu-Wanganui 4414


4/64 Albert St, Palmerston North

$539,000

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Central Brick Townhouse

Charming brick townhouse in a convenient location Easy accessibility to nearby amenities Short drive to the heart of town Ideal for low-maintenance living Spacious lounge, dining, and kitchen areas Large conservatory for year-round enjoyment Two generously sized bedrooms with ample wardrobe space ...

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Townhouse

Manawatu-Wanganui 4410


290 Grey St, Palmerston North

$649,000

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Prime CBD and school location!

Step into this charming 1958 stucco three-bedroom home, perfect for families and first-time home buyers alike! Located just a stone's throw away from Terrace End and the bustling CBD, this delightful home awaits you. This house has been lovingly maintained, ensuring a warm and welcoming atmosphere ...

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Manawatu-Wanganui 4414


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