Nelson/Tasman regional property market insights

In December 2024, the Nelson/Tasman property market saw an average house price of $833,150, a 5% decrease year-on-year. Average rent was $580, down 1.7% from the previous year, with rental supply showing distinct seasonal patterns.

A Property Pulse survey found 60% of potential buyers believe it's a good time to buy. To stay within budget, these buyers are most willing to compromise on property size over other factors like location or condition.