Palmerston North 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 Palmerston North, Palmerston North City
Key house price data for Palmerston North, Palmerston North City
Average House Value
Average Rent
Estimated Yield
Long Term Capital Growth
Ed's Insights
Palmerston North is a suburb in Palmerston North City.
7,173 people currently live in Palmerston North. 54.5% of these people rent.
The average house value in Palmerston North is $606,550.
That's down 4.3% from 2 years ago.
The median rent in Palmerston North is $400.
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
Here is the sales data that we have for Palmerston North.
We currently don't have the number of days to sell a property in this suburb. We're working hard to get this data. Hopefully, it will be available shortly.
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 Palmerston North at this time. We are working hard to get this data. We hopefully will have some shortly.
Demographic Info
What do tenants in Palmerston North want?
The most popular number of bedrooms a tenant rents in Palmerston North is 2 bedrooms.
42.0% of tenants in the suburb rent properties with 2 bedrooms.
The most popular number of cars in Palmerston North is 1 car.
47.9% of residents in the suburb own 1 car.