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Investment Property Palmerston North, Manawatu-Wanganui

The median rent in for houses is $600 per week and the median rental yield is 4.88%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 66 days.The median listing price for units is $445,000 and this has changed 2.30% over the past year. The average unit takes 81 days to sell and the median rent for a unit in is $450 per week, producing a rental yield of 5.26%.

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

  House Townhouses Units
Median listing price $639,000 $575,000 $445,000
Median price change - last quarter 0.94% 0.89% 2.38%
Median price change - 1 year -0.93% 2.30% 2.30%
Median price change - 2 years 0.00% -7.87% -3.33%
  House Townhouses Units
Median weekly rent $600 $560 $450
Median yield % 4.88% 5.06% 5.26%
Median rent change - 1 year 1.69% 6.67% 4.65%
  House Units
Average days on market 66 81

Palmerston North investment property listings

Showing 5 of 19 investment properties found in Palmerston North on realestateinvestar.co.nz

20 Roy St, Palmerston North

$639,000

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Home and income or potential development

Whether you're seeking a comfortable home with income potential, a place to settle in and spread out, or a complete development, this property is full of potential. Located in a fantastic central area, this property has a main house that features three generous bedrooms, an open-plan kitchen and ...

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Manawatu-Wanganui 4410


1C Leeds St, Milson

$695,000

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Modern townhouse – owners relocating to Australia

Step into your new home with this stunning, three-bedroom townhouse, perfectly tucked away for peace and privacy. Built in 2021, this modern gem offers everything you need for comfort and convenience. Three double bedrooms offering plenty of room for family and guests or even a home office. The ...

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Manawatu-Wanganui 4414


108A Roberts Line, Kelvin Grove

$799,000

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Modern family living

This stunning property at 108A Roberts Line is located in a highly sought-after area and offers modern living at its finest. Built in 2020, this home features three generously sized bedrooms, with the master bedroom benefiting from its own ensuite for added privacy and convenience. The family ...

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Manawatu-Wanganui 4414


150 Heretaunga St, Palmerston North

$840,000

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Modern dual-house opportunity

This property offers two separate, low-maintenance homes built in 2020, designed for warmth, strength, and comfortable low-maintenance living. Situated on a quiet back section of 499m2 (more or less), these homes are ideally located close together, making them perfect for extended families who ...

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Manawatu-Wanganui 4414


39 Cambridge St, Milson

$550,000

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When location is key!

This delightful property in the heart of Milson is the perfect blend of family-friendly living and practical space. Set on a generous 739m2 (more or less) section, the home features a spacious backyard with a decked area - ideal for outdoor entertaining or simply relaxing in the fresh air. Inside, ...

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Manawatu-Wanganui 4414


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