January 2025

 
 
 
The new year kicked off with solid property activity in Turangi, with 13 sales recorded in January. The median house price came in at $625,000—lower than December’s $900,000, but in line with the higher number of sales. This shift suggests a mix of buyers entering the market, creating opportunities across different price points.

Looking back at this time last year, January’s numbers are almost identical to 2024, showing that demand in Turangi remains steady. Whether it’s a permanent move, a holiday home, or an investment, people are still drawn to the lifestyle on offer here.
 
With warm weather lingering and plenty of visitors still around, interest in the market is expected to stay strong heading into the next few months.

 

 
 
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36

Number of sales in the last three months (November 2024 - January 2024)
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11.6%

Average sale price increased. Annual moving median (January 2024 - January 2025)
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$625,000

Annual moving median - houses (January 2025)
 

Where do our buyers come from?

 

Jan 2024 to December 2024 (source: Bayleys Turangi Purchaser Statistics)

    • Local28%
    • Auckland16%
    • Manawatu14%
    • Waikato9%
    • Bay of Plenty7%
    • Taranaki7%
    • Wellington7%
    • Hawkes Bay5%
    • Overseas2%