Wealthy suburbs come second to Featherston and Cannons CReek
Homes in once unfancied areas have become objects of desire as hard-pressed buyers throw off the shackles of prestige.
CoreLogic figures show prices in Featherston had the most dramatic change over the last five years to October - increasing 132 per cent, from $199,750 to $463,750. Cannons Creek, and Wainuiomata were the next biggest movers with increases of 128 and 126 per cent, respectively.
There is, however, not such good news for home owners in some of Wellington's more traditionally wealthy suburbs.
Over the last five years properties in 13 areas around the Wellington Region have more than doubled in value – only two of those places had a median property value in excess of $300,000 in 2015. None were in Wellington City.
Lowest five median price increases (percentage) in the Wellington region over the last five years
Wellington Central
Price in October 2015: $319,500
Price in October 2020: $464,500
Change: 45 per cent
Eastbourne
Price in October 2015: $661,950
Price in October 2020: $994,300
Change: 50 per cent
Kelburn
Price in October 2015: $873,200
Price in October 2020: $1,312,250
Change: 50 per cent
Karaka Bays
Price in October 2015: $939,650
Price in October 2020: $1,419,150
Change: 51 per cent
Seatoun
Price in October 2015: $980,700
Price in October 2020: $1,498,800
Change: 53 per cent
Poll: 🤖 What skills do you think give a CV the ultimate edge in a robot-filled workplace?
The Reserve Bank has shared some pretty blunt advice: there’s no such thing as a “safe” job anymore 🛟😑
Robots are stepping into repetitive roles in factories, plants and warehouses. AI is taking care of the admin tasks that once filled many mid-level office jobs.
We want to know: As the world evolves, what skills do you think give a CV the ultimate edge in a robot-filled workplace?
Want to read more? The Press has you covered!
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58% Human-centred experience and communication
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13.1% Critical thinking
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26.1% Resilience and adaptability
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2.8% Other - I will share below!
Brain Teaser of the Day 🧠✨ Can You Solve It? 🤔💬
Make a hearty dish. Take just half a minute. Add four parts of kestrel. Then just add one. What have you made?
(Trev from Silverdale kindly provided this head-scratcher ... thanks, Trev!)
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
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Poll: Should the government levy industries that contribute to financial hardship?
As reported in the Post, there’s a $30 million funding gap in financial mentoring. This has led to services closing and mentors stepping in unpaid just to keep helping people in need 🪙💰🪙
One proposed solution? Small levies on industries that profit from financial hardship — like banks, casinos, and similar companies.
So we want to hear what you think:
Should the government ask these industries to contribute?
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59.8% Yes, supporting people is important!
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26.2% No, individuals should take responsibility
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14% ... It is complicated
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