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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 $665,000 and this has changed -3.97% over the past year and changed 0.36% over 2 years.

The median rent in Picton for houses is $560 per week and the median rental yield is 4.38%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 150 days.The median listing price for units is $515,000 and this has changed -5.94% over the past year. The average unit takes 114 days to sell and the median rent for a unit in Picton is $400 per week, producing a rental yield of 4.04%.

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 $665,000 NA $515,000
Median price change - last quarter 0.60% NA 0.00%
Median price change - 1 year -3.97% -5.94% -5.94%
Median price change - 2 years 0.36% NA NA
  House Townhouses Units
Median weekly rent $560 NA $400
Median yield % 4.38% NA 4.04%
Median rent change - 1 year 1.82% NA 0.00%
  House Units
Average days on market 150 114

Picton investment property listings

Showing 5 of 69 investment properties found in Picton on realestateinvestar.co.nz

144a Waikawa Rd, Picton

$459,000

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Picton Investment Option

This 1980's, Hardie Plank weatherboard exterior home awaits a new owner. Current rental assessed at $520 per week. This is a Rainbow Cottage design which embraces simple living for busy folk or investors. It would benefit from a décor upgrade, but it is comfortable and healthy home compliant. ...

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House

Marlborough 7220


Units 1-3/91 Waikawa Rd, Picton

$270,000

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Buy One or All – Picton Investment Opportunity

Outstanding Investment or Multi-Living Opportunity – Walk to Picton, Marina and Foreshore Here's your chance to secure a solid 1970s home that has been converted into three self-contained flats, all currently rented, in a sunny and easy location just a short stroll from Picton Marina ...

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Marlborough 7220


6A Seaview Cres, Picton

$869,000

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Preserved and prepared with potential

Lovingly maintained by its original owners since being built in 1984, this immaculate three-bedroom, two bathroom home is offered to the market for the very first time. Its been meticulously cared for and boasts original features with slight modernisation to offer comfort, space and lifestyle. ...

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House

Marlborough 7220


25A Hampden St, Picton

$669,000

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Sunny, private relaxing haven.

This property enjoys a secluded position, raised away from street and road view, at the top of a small hill rising within Waikawa valley and next to a scenic reserve that runs the length of Hampden Street. The properties elevated advantage enjoys native bush clad skyline hill views and ...

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House

Marlborough 7220


4U Rutland St, Picton

$429,000

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Could This be 4U?

Whether you're looking to downsize with style, secure a low-maintenance base, or claim the ultimate holiday home, this tidy and compact one-bedroom unit is a rare find. Positioned to soak up the breathtaking scenery and an easy walk to the waterfront, this one's all about lifestyle, simplicity, ...

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Unit

Marlborough 7220


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