Real Estate & Property Management Services

With six strategically located offices across the top of the South Island, Summit combines over 30 years of local expertise with comprehensive property management solutions and specialised real estate services tailored to our unique regional market.

Our experienced team of sales professionals and property managers are supported by skilled managers who ensure every client receives personalised, results-driven service.

As the Top of the South's market share leader, we connect more buyers, sellers, landlords, and tenants than any other agency giving our clients a clear advantage.

Find out more

Latest News & Updates

See All

January 2026 Residential Market Update – Top of the South

As we kicked off 2026, the property market across the Top of the South showed a mix of movement and steady conditions.

Key Market Stats

Nelson: Median sale price $735,000, down 8.9% year-on-yearMarlborough: Median sale price $660,000, up 3.9% year-on-yearTasman: Median sale price $810,000, up 3.2% year-on-yearAverage days to sell (region): 56 days

January typically sees lighter foot traffic compared to the peak selling months, and this year was no exception. Attendance at some open homes was quieter later in the month, though early-month activity remained solid.

Who’s Buying?

First home buyers continued to be the most active group across the region, closely followed by owner-occupiers. With rising interest rates and a notable supply of properties under the $1 million mark, the market remains favourable to buyers.

What This Means

After a busy end to 2025, the start of the year saw more measured activity. Buyers are taking time to weigh decisions, while sellers are generally pricing with market realities in mind.

As we move into autumn, many in the industry will be watching how interest rates and buyer confidence shape the next phase of the market.

Stay tuned for more local insights and updates as the year unfolds.

Data Compared to January 2025, REINZ Monthly Property Report (January 2026) Published February 2026.

More

Understanding Rental Yield

If you’re investing in property, you’ll likely hear the term rental yield. Simply put, rental yield measures how much income a property earns compared to its value. It’s a helpful way to see how hard your investment is working for you.

At Summit Property Management, we help investors understand the numbers so they can make confident decisions.


What Is Gross Rental Yield?

Gross rental yield is the annual rental income expressed as a percentage of the property’s value. It’s a quick calculation and doesn’t include expenses.

Formula:
Gross Rental Yield = (Annual Rent ÷ Property Value) × 100

Example:
$600 per week × 52 weeks = $31,200 per year
$31,200 ÷ $700,000 × 100 = 4.46% gross yield

Gross yield is useful for comparing properties, but it doesn’t show the full picture.


What Is Net Rental Yield?

Net rental yield takes things a step further. It deducts costs such as:

RatesInsuranceMaintenanceProperty management fees

This gives you a clearer view of your true return.

Compare our fees


Do Your Research

Before purchasing an investment property, research comparable rentals, understand demand in the area, and obtain a professional rental appraisal. Calculating both gross and net yield will help you make informed, confident decisions.

If you’d like a rental appraisal or expert advice, contact Summit Property Management today.

More

The Most Preferred Property Management Team in Nelson, Tasman & Marlborough

Whether you're a first-time investor or experienced property owner, we understand the challenges you face. Our focus is representing your interests while maximising your investment returns through professional, dependable property management services.

Find out more

Launch Your Real Estate Career with Summit

Thinking about a career in real estate? Summit Real Estate offers the region's premier training and support system to fast-track your success in the Nelson, Tasman and Marlborough property market.

Join us

The Region's Most Read Property Magazine

One of the key reasons Summit achieves more property sales in the Nelson Bays area than any other company is our professionally designed, high-impact Summit Property Weekly magazine, delivered conveniently across the region.

Read latest issue

New Zealand Realtors Network

Summit's NZ Realtors Network membership ensures your property reaches qualified buyers nationwide while maintaining our deep local market knowledge and community connections that deliver superior results. Local expertise. National reach. Proven results.

Find Out More

Find Us

Find a Salesperson

Across the Top of the South and every corner of our region, our salespeople are renowned for providing exceptional service because our clients deserve nothing less.

Find a Property Manager

Managing thousands of rental properties throughout the top of the South, the region's trusted name in property management saves you time and money, so you can make the most of yours.

Find a Branch

With a team of over 100 strong in 6 locations throughout the Nelson, Tasman and Marlborough a friendly Summit branch is likely not too far from where you are.