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

5B Angle St, Picton

$365,000

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Home, Holiday, Investment Unit

New QV Valuation $350,000 Back unit of 2, on a shared 512 sq mts section. Would make ideal first home, holiday home or investment. The unit is open plan with 2 double bedrooms with built-in wardrobes, kitchen/living area with heat pump, bathroom with shower over bath and toilet, and ...

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Unit

Marlborough 7220


202/6 london Qy, Picton

$900,000

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Oxley Apartment 202

Oxley 202 2 bed 2 bathroom apartment on the Picton foreshore secure car park 2 bedroom & two bathrooms (one with a bath) apartment in the heart of Picton. Enjoy glorious sun and warmth, with views into Picton Marina and across Marlborough Sounds This property is currently in a ...

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Unit

Marlborough 7220


14 Leicester St, Picton

$690,000

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Australia is calling - vendor must sell!

Step into comfort and quality with this beautifully updated three-bedroom, two-bathroom home in picturesque Picton. Originally built in 1975, this sold, well-crafted home has been thoughtfully renovated in 2024/25 to combine its original character with modern-day convenience. The home ...

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House

Marlborough 7220


6 London Qy, Picton

$700,000

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Prime Commercial Opportunity

Prime Commercial Investment in the Heart of Picton A fantastic opportunity for the astute investor! Positioned in the vibrant heart of Picton – the gateway to the breathtaking Marlborough Sounds – this high-profile commercial property is ideally located to capture foot traffic from ...

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Unit

Marlborough 7220


10 Glentui Pl, Picton

$885,000

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Modern Elegance, Stylish Living

A truly impressive residence at 10 Glentui Place, Picton - grand by design and size - with exciting opportunities. Entering through the wide entrance and hallway, one is struck by the grandeur of this beautiful home. The main open-plan living area is expansive, seamlessly connecting dining and ...

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House

Marlborough 7220


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