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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 90 investment properties found in Picton on realestateinvestar.co.nz

116 Wellington St, Picton

$750,000

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Heart of Picton, All day Sun, Views, Negotiable

• Price $750,000 Negotiable. • The property's location is a standout feature positioned in an elevated prime central location • Extra flat off-street double parking bay for a boat or motorhome is a rare find in this location. • Quiet living just a short walk to the supermarket, ...

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Marlborough 7220


23 Leicester St, Picton

$725,000

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Immaculate Living in a Sunny Elevated Setting

Positioned on a sunny, elevated corner site, this beautifully presented home is a testament to meticulous care and thoughtful renovation. Every detail has been carefully considered, creating a warm and inviting home that is ready for its next owners to simply move in and enjoy. Step ...

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House

Marlborough 7220


14 Cornwall St, Picton

$799,000

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Sun, Space & Spectacular Harbour Views

Perched in an elevated, sun-soaked position, this home captures breathtaking views across Picton Harbour and the surrounding countryside. Watch the ferries glide into the harbour from the comfort of your living room, kitchen, or balcony while enjoying everything this spacious family home has to ...

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Marlborough 7220


10 and 10a Cornwall St, Picton

$865,000

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Huge Potential! Dual-Dwellings in Picton

A fabulous property situated in the heart of Picton, where charm meets convenience. This unique offering comprises two dwellings—perfect for families seeking independent living arrangements or those looking for a lucrative rental opportunity. Whether as a primary residence or an investment, this ...

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House

Marlborough 7220


17B Otago St, Picton

$745,000

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Live the View or Earn the Reward

Here is an opportunity that looks just as good on paper as it does from the deck. Positioned above Picton with sweeping views across the township, harbour, and surrounding hills, this fully modernised property offers two independent, self-contained apartments, a modern two-bedroom apartment and ...

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House

Marlborough 7220


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