A balanced market for Southland
As we move into 2026, Southland’s property market is off to a steady and balanced start. After a strong finish to 2025, buyers and sellers are approaching the market with confidence and care, creating a stable and measured environment.
Before reviewing the market, we would like to take a moment to remember Sir Tim Shadbolt, a remarkable leader and a true icon of Invercargill. Sir Tim dedicated decades to serving the community as Mayor, inspiring countless people with his energy, warmth, and commitment to Southland. Known for his larger than life personality and approachability, he worked tirelessly to make the city a better place for everyone. His passing is a significant loss, but his legacy of community spirit and leadership will continue to inspire generations.
In December 2025, median prices and sales activity across the Southland region remained strong, with the median price rising 7.7% year on year to $495,500. Invercargill City held steady at $500,000, reflecting a 7.5% increase, while the Southland District rose 10% to $530,000, and Gore saw strong growth, climbing 16.7% to $420,000.
Sales volumes were also strong, with 155 properties sold, up 22% from December 2024. Invercargill City led with 94 sales, while Gore and the Southland District recorded 23 and 38 sales respectively.
In December, properties continued to move efficiently, with a median of 21 days to sell, well below the 10 year December average of 29 days. Inventory levels also improved, with 15 weeks of stock available, five weeks fewer than the same time last year. Homes that are priced right and presented well continue to attract buyers quickly.
First home buyers and owner occupiers remain the most active groups across the market, particularly at entry and mid level price points. Investor enquiries were quieter, reflecting economic caution. Vendors remain realistic about expectations, and those whose properties spent longer on the market have adjusted to meet buyer sentiment. Open home attendance continues to be strong, especially for well presented homes.
The Southland rental market continues to be an important part of the local property landscape. Compared with major urban centres, rentals remain relatively affordable, with median weekly rents sitting around $450 to $500 in late 2025. This stability helps tenants feel confident in finding a home and provides landlords with a steady and reliable market.
At the same time, Professionals Invercargill’s property management team supports this balance by ensuring properties are well maintained and tenancies run smoothly, helping both landlords and tenants enjoy a positive experience.
For the wider community, this means well priced properties are selling quickly for buyers, with interest rates remaining manageable. For sellers, preparation and presentation continue to attract buyers efficiently. For landlords and tenants, a stable and well managed rental market provides confidence and security.
At Professionals Invercargill, we are proud to guide our community through every stage of the property journey, helping buyers, sellers, and landlords make informed decisions with confidence.
We are excited to share that our new branding will be rolling out soon, reflecting our modern approach and ongoing commitment to our clients. Next month’s blog will showcase our fresh, professional look across our office and marketing.
Here’s to a successful 2026 for Southland.
Visit: www.professionals.co.nz/Invercargill today.
