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 a slight cooling in December 2024. The average asking price fell to $585,050, a 2% decrease year-on-year, while the number of properties for sale increased compared to the previous year.

The rental market remained stable, with the median weekly rent holding steady at $550. A recent survey showed over half of local buyers believe it's a good time to purchase, with many willing to compromise on section size to meet their 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?

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Author

Al Hall Al Hall
Content Writer