What to expect in the Wellington property market this Spring

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What to expect in the Wellington property market this Spring

Spring in the Capital isn’t just about longer days and warmer weather (fingers crossed!) - it’s also one of the most active times of the year in the property market. As we shake off winter, more homes are listed, buyers become more motivated, and rental demand steadily rises. Whether you’re buying, selling, or renting, here’s what you can expect from the Wellington property market this spring.

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More homes, more choice

Spring traditionally brings more vibrancy to the real estate market. People often start planning their next move ahead of the summer holidays, leading to a noticeable lift in the number of homes available.

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For buyers, this means:

• A wider selection of properties across suburbs and price brackets.

• More opportunities to find a home that ticks every box.

• Increased competition at open homes as motivated buyers hit the market.

For sellers, the season brings:

• A larger pool of active buyers.

• More foot traffic through open homes thanks to warmer weather.

• Stronger chances of multiple offers when a property is priced and presented well.

In short, spring is the season where supply and demand both rise — creating more energy in our housing market.

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Why buyers are more active in Spring

The warmer weather plays a big role in market activity. Buyers are more inclined to spend weekends attending open homes when the days are longer and sunnier. Properties also tend to look their best in spring, with gardens in bloom and natural light adding to overall appeal.

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If you’re on the hunt for your next home, expect:

• Competitive offers, especially on well-presented, move-in ready homes.

• More open homes scheduled each week, making it easier to compare options.

• A faster pace of decision-making, as motivated buyers look to secure properties before the Christmas and New Year slowdown.

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Spring rental market insights

Wellington’s rental market also sees an incline during spring, with a lot of renters on the move ahead of summer, meaning a rise in both demand and supply of rental properties.  

Another key factor is the fact that Wellington is home to Victoria University and other tertiary institutions. Spring is when many students start planning their accommodation for the following year. This creates a surge in demand for rentals near campuses, in the central city, and along key transport routes. Properties that are well-located, affordable, and easy to maintain often attract strong interest from this group. For landlords, tapping into this demand early can reduce vacancy periods and secure reliable tenants ahead of the peak summer rush.

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For landlords, here’s what to expect:

• Early spring listings benefit from sharper competition among tenants.

• Vacancies fill faster when properties are Healthy Homes compliant and priced appropriately.

• Features such as insulation, efficient heating, and energy performance are strong selling points.

• Professional presentation — great photos, tidy outdoor spaces, and clear marketing — makes a property stand out.

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Get in touch

If you’d like your property appraised for selling or renting, we’d love to help. Call us on (04) 384 2141.  

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