Feature article

Marlborough regional property market insights

A snapshot of Marlborough’s property market.

Al Hall
Last updated: 21 January 2025 | 3 min read
AI

AI summary

The Marlborough property market showed positive growth in December 2024, with the average asking price reaching $787,350, up 2.5% year-on-year. While sales listings were down slightly month-on-month, they were significantly higher than the previous year.

The average weekly rent was $550, a 3.8% annual increase. Rental stock nearly doubled, giving tenants more choice. An expert from Bayleys Marlborough notes positive vendor sentiment, driven by spirited bidding and strong interest from out-of-town buyers.

Marlborough/Te Tauihu-o-te-waka regional property market at a glance - residential properties for sale

Marlborough/Te Tauihu-o-te-waka regional property market at a glance - residential properties for rent

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Author

Al Hall Al Hall
Content Writer