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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 $685,000 and this has changed -0.58% over the past year and changed 3.61% over 2 years.

The median rent in Picton for houses is $550 per week and the median rental yield is 4.18%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 180 days.The median listing price for units is $630,000 and this has changed NA over the past year. The average unit takes 127 days to sell and the median rent for a unit in Picton is $400 per week, producing a rental yield of 3.30%.

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 $685,000 NA $630,000
Median price change - last quarter 1.08% NA 15.07%
Median price change - 1 year -0.58% NA NA
Median price change - 2 years 3.61% NA NA
  House Townhouses Units
Median weekly rent $550 NA $400
Median yield % 4.18% NA 3.30%
Median rent change - 1 year 0.00% NA 8.11%
  House Units
Average days on market 180 127

Picton investment property listings

Showing 1 of 1 investment properties found in Picton on realestateinvestar.co.nz

91A Alfred St, Blenheim

$719,000

property pic

Convenient and Now Priced!

First time to the market and although the family will be sad to be selling but they want someone new to love it as they have and create new memories. This lovely, three bedroom home is tidy, well-presented and maintained, with a double garage and small workshop. It has recently been double glazed ...

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House

Marlborough 7201


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