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.
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