Kelvin Grove Property Market And House Prices
Suburb of Palmerston North City
Author: Ed McKnight
Our Resident Economist, with a GradDipEcon and over five years at Opes Partners, is a trusted contributor to NZ Property Investor, Informed Investor, Stuff, Business Desk, and OneRoof.
Key house price data for Kelvin Grove, Palmerston North City
Key house price data for Kelvin Grove, Palmerston North City
Average House Value
Average Rent
Estimated Yield
Long Term Capital Growth
Ed's Insights
Kelvin Grove is a suburb in Palmerston North City.
7,866 people currently live in Kelvin Grove. 18.6% of these people rent.
The average house value in Kelvin Grove is $712,850.
That's down 6.1% from 2 years ago.
The median rent in Kelvin Grove is $635.
Market Insight - Median House Price Trend
Sales Data
Average House Value
Median Days to Sell
Properties listed for sale in the last month
Properties sold in the last 12 months
Insights
The average house value in Kelvin Grove is $712,850.
On average it takes 27 days to sell a house.
All up 132 properties were sold in Kelvin Grove over the last year, and 18 properties were listed for sale in the last month.
Rental Data
Median Rent
Rental properties listed last year
Rental properties listed last month
Median days to rent
Insights
There is no rental data available for Kelvin Grove at this time. We are working hard to get this data. We hopefully will have some shortly.
Demographic Info
What do tenants in Kelvin Grove want?
The most popular number of bedrooms a tenant rents in Kelvin Grove is 3 bedrooms.
53.4% of tenants in the suburb rent properties with 3 bedrooms.
The most popular number of cars in Kelvin Grove is 2 cars.
40.7% of residents in the suburb own 2 cars.