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Suburb profile · Manawatu-Whanganui · NZ

Palmerston North Central NZ

Palmerston North Central is in Manawatu-Whanganui, New Zealand, with population 1,074.

The read

Livability-led

There are enough weaker signals here that you should expect trade-offs, not a clean local story. Compare it directly with stronger nearby suburbs before treating it as a preferred option.

$520/wk
1/04/2021 → 1/01/2026 · 20 periods
Tenancy Services · 1/01/2026
$520
$135
1/04/20211/01/2026
Why it fits

Transport coverage adds a practical access signal.

What to check

Higher deprivation should be treated as a local-context caution.

Median rent
$540/wk
Income-stretched rent market
D3 vs NZ
Population
1,074
1K local footprint
D2 vs NZ
Income
$29K/yr
Median personal income
D1 vs NZ
NZDep
Decile 10
Higher deprivation
D10 vs NZ
Schools
2
matched school context

Area prices & affordability

Median sale price
$607K
+3.9% over 5yr
0.8%YoY
Lower quartile
$512K
Entry-level price
House Price Index
3,522
QV-based HPI
6.6%5yr
Income to buy
6.6x
Years of median income
Annual sales
1,603
Transactions, TA

Mortgage serviceability

at the 5.69% 2-year fixed rate
Monthly repayment
$2,815/mo
20% deposit, 30-year P&I
Repayment burden
37%
of gross household income
Stress level
Stretched
<30% comfortable · >45% severe
Years to deposit
8.9 yrs
20% deposit at 15% savings

Monthly repayment by fixed term

Floating · 6.15%
$2,958
1-year fixed · 5.26%
$2,685
2-year fixed · 5.69%
$2,815
3-year fixed · 5.86%
$2,868

A territorial-authority estimate: the Palmerston North City median sale price on a 20% deposit and 30-year loan, against the TA median household income implied by HUD's income-to-buy ratio, at RBNZ new-mortgage rates. A market-wide guide, not a Palmerston North Central-specific or borrower-specific figure.

Price trend

1yr -0.2%5yr -12.0%
QV House Price Index (Jan 2007 = 1000)

QV House Price Index for the Palmerston North City territorial authority (monthly, Jan 2007 = 1000). A valuation-based index of price movement over time — distinct from the actual median sale price above.

Years of median household income to buy

Figures are for the Palmerston North City territorial authority (as at 2026-03). New Zealand has no free suburb-level sale-price series, so these are TA-wide medians from HUD Local Housing Statistics (LINZ District Valuation Roll + Stats NZ) — a market backdrop for Palmerston North Central, not a Palmerston North Central-specific sale price.

Rent trend depth

Rent cycle positionRents at their peak
Low · 2020Peak · 2026

At / near its highest median rent on record

Rent growth (compound)3-yr +5.7%/yr · 5-yr +4.4%/yr

Rent trend is derived from MBIE tenancy-bond medians and excludes suburbs with too few bonds to be reliable.

Personal income

$29K personal · yr-19.9% vs Manawatu-Whanganui suburb median
Personal income distribution (Census 2023 · annual)
$10,000 or less
156
$10,001-$20,000
165
$20,001-$30,000
147
$30,001-$50,000
204
$50,001-$70,000
150
$70,001-$100,000
63
$100,001 or more
33

Median individual income. NZ has no suburb-level household-income or sale-price data, so this is a personal-income benchmark, not a household-affordability measure. Distribution covers people aged 15+ with stated income; counts are randomly rounded to base 3.

Housing stock and tenure

Home ownership over three censuses+6.3pp since 2013
2013
13% owned
2018
18% owned
2023
20% owned

13.8% of private dwellings were unoccupied on 2023 census night (holiday homes, empty rentals, and vacant stock).

Dwelling condition (occupied dwellings, self-reported)

27% damp (-4pp vs 2018) and 19% with visible mould larger than A4 (-7pp vs 2018).

Investor-specific data (gearing, investor concentration) is not published for NZ suburbs — the tenure trend above is the available investor signal.

Population outlook

89,800 people · 202394,100 by 2033 (+4.8%)

Stats NZ subnational projection (2023 base, medium series) for Palmerston North City — the finest official projection grain available; suburb-level projections do not exist.

Crime

Rate · per 100k8,545
Total incidents7,443· 2026-05
  • Assault89236%
  • Burglary1,41157%
  • Robbery874%
  • Sexual Assault763%

Natural hazards

Earthquake exposure
Moderate
Proximity to active faults
Nearest active fault
7.4 km
Tokomaru Fault
Fault slip rate
Low
Higher = more active

Earthquake exposure is the distance from Palmerston North Central's centre to the nearest mapped active fault (GNS Science NZ Active Faults Database) — an area estimate, not a site-specific seismic assessment. NZ's full ground-shaking model (NSHM) is not available as a queryable map layer.

Short-term rentals

21
active listings · ~19.6 per 1,000 residents
67%
entire homes (vs private rooms)
76%
run by multi-listing operators
Investment view Estimated
$271
median nightly (entire home)
30%
estimated occupancy
$16,500
estimated annual revenue (gross)

Active Airbnb listings point-mapped to this suburb from Inside Airbnb (CC BY 4.0). Occupancy and revenue are estimates from Inside Airbnb's San Francisco model (review-rate proxy, minimum-stay assumption, occupancy capped at 70%) — they are gross, indicative, and not a guarantee of returns. Short-stay letting is subject to state and local regulation.

Schools

Total2
Students227
Private : Fully Registered1
State : Integrated1
  • Carncot Independent SchoolFull Primary · Private : Fully Registered
  • Palmerston North Adventist Christian SchoolContributing · State : Integrated

Livability

99/ 100 livability index

Top 1% most liveable of 1,902New Zealand suburbs.

Peer distributionstronger than 99% of New Zealand districts
WeakerTypicalStronger
Everyday access100
Public transport (23 stops)94
Schools & hospitals70

Bar = this suburb's percentile · tick = typical (median) peer

Suburb-level access-density index (not an address-level walk-time score), normalised within New Zealand suburbs. Method based on the Urban Liveability Index (Higgs et al. 2019) and Walk Score — three equal-weighted domains combined with an imbalance penalty.

Investment grade

Cgrade · 53/100 · top 47% of 65New Zealand districts
Peer distributionstronger than 53% of New Zealand districts
WeakerTypicalStronger
Capital growth13
Rental yield59
Stability83

Bar = this suburb's percentile · tick = typical (median) peer

District-level grade across New Zealand territorial authorities, combining 5-year price growth, rental yield (district median rent vs district median price), and stability (price-to-income level + affordability trajectory) via the same three-pillar method with an imbalance penalty. New Zealand has no free suburb-level prices, so this reflects your area's territorial authority. Within-New-Zealand relative, indicative only — not financial advice.

Stronger alternatives nearby

Cheaper to rent

lower weekly rent · cross-TA

Higher income

personal median · cross-TA

Less deprived

lower NZDep decile · cross-TA

Alternatives are similar-rent suburbs (0.6–1.6x this suburb's median rent) in other territorial authorities that exceed it on the named metric. Indicative — not financial advice.

Building activity

Latest consents
5
1 houses · 4 units
54.5%YoY D6 vs NZ

Employment

Employed residents
543
Was 561 in 2018
3.2%vs 2018 D2 vs NZ

Full data detail

Palmerston North Central Manawatu-Whanganui — Property Data and Demographics

Palmerston North Central is a small community in Manawatu-Whanganui with a population of 1,074 and a median age of 29. Median personal income is $29K per year. The main ethnic groups are European, Māori, Asian. Manawatu-Whanganui population estimates moved +0.2% in the year ended June 2025, after moving +0.9% in 2024, which should be read as a broader regional movement backdrop rather than suburb-level migration precision. The resident employment base moved from 561 in 2018 to 543 in 2023 (-3.2%), which should be read as a census-to-census employment backdrop rather than a live jobs series. Te Waihanga's December 2025 Pipeline snapshot tracked over 12,000 NZ infrastructure initiatives, with more than 2,700 under construction and transport taking 52% of projected 2026 pipeline spend, which should be read as a broader national delivery backdrop rather than a suburb-specific project list.

Median weekly rent in Palmerston North Central is $540 (540 houses, 380 units). This represents approximately 96% of median weekly personal income.

Livability indicators for Palmerston North Central: NZDep decile 10 (high deprivation); 2 schools with avg EQI 433; 23 transport stops (23 bus).

In 2026, Palmerston North Central recorded 5 building approvals (1 house, 4 units), down 54.5% year-on-year.

Market & money
Livability signalsHeuristics
Rent Affordability96% Stretched
School QualityEQI 433· Average
DeprivationDecile 10 High
Transport Access23 stops Well Connected
Development-54% Slowing
Rental marketMBIE
Median rent · wk(1/01/2026)$540
House · wk$540
Unit · wk$380
Rent / income95.5%
Lodgements66
DevelopmentStats NZ
Consents (2026)5
Houses 20%Units 80%
YoY change-54.5%
People & prosperity
DemographicsCensus 23
Population1,074
Median age29
Household size
HH income · yr
Personal income · yr$29,400
Deprivation (NZDep)NZDep23
Less deprived10/10
NZDep score1148

1 = least deprived · 10 = most deprived

EthnicityCensus 23
European648
Māori270
Asian204
Pacific Peoples108
MELAA30
Top industriesCensus 23
Accommodation and Food75
Retail Trade66
Health Care and Social Assistance66
Public Administration and Safety51
Manufacturing39
Area & amenity
Local amenitiesOSM
Supermarkets7
Pharmacies2
GP / clinics1
Fuel stations3
Cafes & dining100
countdown3
new world1
paknsave1
TransportGTFS
Bus stops23
Hospitals · Palmerston North CityMoH
Palmerston North HospitalPublic Hospital
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Current status
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Sources & freshness
Strong evidence

There is enough direct local evidence on Palmerston North Central for a first-pass decision.

NZ suburb pages combine Stats NZ, MBIE, MoE, GTFS, and pinned service coverage. The key difference is that some items are direct feeds, while others are fallback or snapshot layers.

RENT POSTURE
Rent is using MBIE bond data when present.

Treat current rent as a decision input, not as a guaranteed market quote.

HOSPITAL POSTURE
Hospital coverage comes from an official pinned snapshot.

This is a trusted coverage layer, but it is still a pinned snapshot rather than a live facility API.

TRANSPORT POSTURE
Transport is feed-based and depends on GTFS bundle coverage.

It is good for stop presence and local network context, but not a guarantee that every operator or schedule is equally current.

Data status
Weekly rent
MBIE rental bond data · 1/01/2026 · Bond market dataset
stable source · automated · every update · monthly
Available
Schools
MoE school directory · 2 schools matched
stable source · automated · every update · nightly
Available
Hospitals
Pinned Health NZ public hospital snapshot · No linked local hospital coverage
medium stability · mixed acquisition · snapshot · mixed
Missing
Transport
NZ GTFS bundle · 23 matched stops
medium stability · mixed acquisition · snapshot · mixed
Available
Building consents
Stats NZ building consents CSV · 2026 · Annual release series
Available
Demographic baseline
Stats NZ Census 2023 · Population, income, and demographic baseline
stable source · manual file · snapshot · census-cycle
Available
Available means a direct local source is linked. Verify means the page is using a weaker fallback or coverage-only snapshot, especially Census rent fallback or pinned hospital coverage.

Palmerston North Central FAQ

Common questions
  1. What is the typical weekly rent in Palmerston North Central?

    The median weekly rent in Palmerston North Central is $540/wk, based on the MBIE market rent dataset. The current rent signal is income-stretched rent market.

  2. What does the rent signal say about Palmerston North Central?

    Income-stretched rent market: Weekly rent screens at about 96% of annual income. Use this as a suburb screening signal before comparing candidates; the matching rent ranking can provide broader market context.

  3. What is the livability profile for Palmerston North Central?

    QuickProperty's livability signals for Palmerston North Central show: Stretched, Average, High. These are based on rent affordability, school EQI, NZDep deprivation index, and transport access.

  4. Where does QuickProperty get its data for Palmerston North Central?

    Housing data comes from the Reserve Bank of New Zealand (RBNZ). Demographics are from Stats NZ Census 2023. Schools data uses the Ministry of Education Equity Index (EQI). The deprivation score uses NZDep2018. Transport data is sourced from GTFS feeds.

  5. How often is the Palmerston North Central data updated?

    RBNZ macro data updates with each deploy. Demographics are from NZ Census 2023. School EQI scores are from the Ministry of Education latest release.