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
AI

AI summary

The Manawatū/Whanganui property market saw a slight cooling in December 2024, with the average asking price dipping to $585,050, a 2% decrease year-on-year. While sales listings were down from November, overall supply for buyers was up compared to the previous year.

The rental market remained stable, with the median weekly rent holding steady at $550. A Trade Me survey found over half of local buyers believe it's a good time to purchase, often compromising on section size.

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.
Search now

Author

Al Hall Al Hall
Content Writer