Feature article

Manawatū/Whanganui regional property market insights

A snapshot of Manawatū/Whanganui’s property market.

Al Hall
Last updated: 21 January 2025 | 3 min read
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The Manawatū/Whanganui property market saw the average asking price dip to $585,050 in December 2024, a 2% decrease year-on-year. While property listings were up annually, they saw a monthly decline.

The region's rental market remained stable, with the median weekly rent holding at $550. Our Property Pulse survey reveals over half of prospective buyers feel it's a good time to purchase, with many willing to compromise on section size to stay within budget.

Manawatū/Whanganui’s regional property market at a glance - residential properties for sale

Manawatū/Whanganui’s regional property market at a glance - residential properties for rent

Home to Massey University, Palmerston North is the largest city in the Manawatū/Whanganui region

Current buyer and seller behaviour in Manawatū/Whanganui

You'll find great communities in the cities and towns of the Manawatū/Whanganui

Why live in Manawatū/Whanganui?

Mind on the Manawatū/Whanganui?
Search among the Manawatū/Whanganui properties currently listed on Trade Me Property.
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Author

Al Hall Al Hall
Content Writer