Feature article

Taranaki regional property market insights

A snapshot of the Taranaki property market.

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

AI summary

The Taranaki property market saw an average asking price of $667,600 in December 2024, up 4% month-on-month but down slightly year-on-year. Property listings for sale were down compared to the previous month.

For renters, the average weekly rent was $585. While prices dipped, the number of available rental properties increased substantially compared to the previous year, offering more choice. A Trade Me survey found local buyers would most likely compromise on garden size to stay within budget.

Taranaki’s regional property market at a glance - residential properties for sale

Taranaki’s regional property market at a glance - residential properties for rent

More than two-thirds of the residents of Taranaki live in New Plymouth.

Current buyer and seller behaviour in Taranaki

The beaches of Taranaki are hugely popular among its residents.

Why live in Taranaki?

Tempted by Taranaki?
Check out the wide range of homes for sale in Taranaki currently listed on Trade Me Property.
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Author

Al Hall Al Hall
Content Writer