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

15A Hampden St, Picton

$499,000

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A holiday base in Picton

Easy everyday living is the drawcard here, with this two-bedroom Picton home offering a relaxed base close to town while still feeling tucked away. Designed with simplicity in mind, the single-level layout centres around open plan living, creating a seamless and sociable hub for daily life. ...

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House

Marlborough 7220


79d Milton Tce, Picton

$569,000

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Views & Privacy in a Prime Picton Location

Tucked away at the end of a quiet right of way, 79d Milton Terrace offers sun-soaked living, sweeping views and exceptional privacy. Sitting on a ½ share of an 893sqm elevated, varied-gradient section under cross-lease tenure, this property enjoys minimal road noise, excellent sun, and a peaceful ...

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House

Marlborough 7220


53 Bdwy, Picton

$489,000

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Affordable & Positioned for Progress - a Hot Buy!

A proven performer with exceptional potential this property offers the perfect opportunity for savvy investors or developers seeking property in the industrial zone in a prime Picton location. Currently a well-maintained rental returning excellent income, it's been home to reliable long-term ...

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House

Marlborough 7220


7 Rutland St, Picton

$1,149,000

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Timeless Elegance, Marina Views, Garden Sanctuary

Welcome to this elegant & graceful residence meticulously restored to its former glory with classic character blending seamlessly with refined modern comfort. A coveted & elevated position it commands breathtaking views across the vibrant Picton Marina & over the township of Picton, sparkling blue ...

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House

Marlborough 7220


2a Seaview Cres, Picton

$465,000

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Invest or Nest on Seaview

If a location adjacent the Picton Marina & CBD are a pre-requisite, then this little cutie will tick that box. A low maintenance 2-bedroom unit with spacious lounge & a delightful private courtyard & garden ideal for entertaining or those relaxing times. For anyone living in the Sounds this could ...

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Townhouse

Marlborough 7220


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