Community News

Martinborough dominates top-end housing sales

Feb 2025

Four Martinborough houses led the price list for the most expensive properties sold in Wairarapa in 2024.

The region’s six top prices were all upwards of $1.8 million.

The leading home, in Martinborough’s Vintners Lane, headed the price paid list at $3.37 million for its 4-bedroom, 3-bathroom, 2-car garaging set-up.

The home sits in a park-like 1.94 hectares, with an estimated land value of $810,000.

Ranked second was an Oxford St property sold for $2.6m on the border of the golf course.

Another Oxford St property sold for $2.3 million, is set in landscaped grounds on just 0.63 hectares of land with 4-bedrooms, 2-bathrooms and 3-car garaging.

Fourth on the list was a Shooting Butts Rd, Martinborough property which sold for $2 million _ and is sited on a lifestyle property.

A Wood St property in Featherston raised the fifth highest price of $1.95 million, and featured 2.47 hectares of “fertile land,” while a Matahiwi house on Budd Rd on 4.04 hectares was ranked the sixth most expensive buy_ at $1.88 million.

Paterson and Co agent Kate Pateerson noted that “the region had a newish luxury market that people needed to adjust to.”

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