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

Marlborough's property market saw the average asking price reach $787,350 in December 2024, a 2.5% annual increase. Property supply was also significantly up year-on-year, providing more options for buyers.

The rental market experienced similar growth, with average rent hitting $550 (up 3.8% annually) and available stock nearly doubling.

Expert Will Porter of Bayleys Marlborough notes strong interest from out-of-town buyers. A recent survey found 55% of prospective local buyers believe it's a good time to purchase.

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