Million-dollar house prices spreading north into Lower Hut
Million-dollar homes are becoming the norm in southern Lower Hutt, hot on the heels of eye-watering prices in the capital.
Five real estate agents told Stuff the million-dollar mark was creeping north as buyers flee Wellington where the median house price reached a record $1.1m last month. Lower Hutt’s median price also reached a record $839,000.
In 2012 Stuff reported the median price in the suburb was $325,000 – the highest price paid for a home then was $585,000, while the cheapest was a $100,000 unit.
Time to Tickle Your Thinker 🧠
If a zookeeper had 100 pairs of animals in her zoo, and two pairs of babies are born for each one of the original animals, then (sadly) 23 animals don’t survive, how many animals do you have left in total?
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Kiwisaver Changes
Has your accountant told you about recent changes to KiwiSaver contribution rates and how they may affect wages and payroll calculations?
These updates can have flow-on effects for both employers and employees, and understanding them early helps avoid surprises.
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