Wellington has the fastest growing property values in NZ
Wellington’s property values recorded the fastest growth out of the main centres in 2020, with prices rising as the capital’s housing stock plumbs the lowest level in decades.
Over the coming year, the average property price for Wellington would cross the $1 million mark, said Nicki Cruickshank, a real estate agent with Tommy’s Wellington. “You can't really get a three-bedroom house in Wellington under $1m now, anyway.”
Porirua City experienced a 20.8 per cent annual growth in residential property values, Lower Hutt and Upper Hutt cities both experienced 17.2 per cent growth, and Kāpiti Coast 18.3 per cent.
Take a village tour and enjoy a $50 cafe voucher!*
See what everyday life at a Ryman village is really like - from a range of living options to premium amenities on your doorstep.
*Terms and conditions apply.
Scam Alert: Fake information regarding December Bonuses from MSD
The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’
If you get suspicious communication, please contact Netsafe.
Poll: How are you feeling about the role of AI in business and everyday life? 🤖💻
The Post reports that nearly two-thirds of business leaders are feeling optimistic about 2026 ... with much of that confidence driven by the rollout of AI.
We want to know: How are you feeling about the growing role of AI in business and everyday life?
-
6.7% Excited
-
71.5% Cautious
-
21.8% Somewhere in between
Loading…
