Porirua house prices reaching the $1m mark
Affordable housing is rapidly becoming a thing of the past in Porirua. Porirua Mayor Anita Baker says she is worried that Porirua is about to follow Auckland where $1m houses are common.
Figures released by CoreLogic show Porirua now has a million-dollar median-priced suburb in Aotea; the likes of Cannons Creek and Waitangirua had lower medians but showed rapid percentage increases.
The increases meant Porirua’s median house price, $785,000, was closing in on Wellington City’s $820,000.
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