959 days ago

Does your property really double in value every 10yrs?

Matt from

“In 2012, the national average asking price for a home was less than half a million dollars at $447,040. We have seen this average increase steadily over the last ten years to reach just under $1 million in 2021.”

Average asking prices have more than doubled nationally and in 10 of 19 NZ regions in the last decade, according to the latest data from realestate.co.nz.

For homeowners who have not (theoretically) doubled their money, most have seen average asking prices in their regions get close, with more than 90% increases.

Vanessa Williams, spokesperson for realestate.co.nz says that property has long been considered a good investment, and the latest data has supported that theory.

In the last ten years, regional New Zealand small towns have seen the largest average asking price increases. With an increase of $361,441 or 282.1% in 10 years, mill-town Kawerau saw the most exponential average asking price growth.

To read the full report go to realestate.co.nz/blog
or your can contact me to talk real estate -0274951536

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More messages from your neighbours
1 hour ago

Crack This Riddle and Brag All Day!

Riddler from The Neighbourly Riddler

I’m full of holes but strong as steel. What am I?

Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.

Want to stop seeing riddles in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.

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1 hour ago

Last chance for tickets!

Heart Foundation Lottery

Don't miss out! For only $15 a ticket, you could win this brand-new, fully furnished Jennian home located in breathtaking Blenheim, Marlborough.

Valued at over $1 million, this home features three bedrooms, two bathrooms, and an open-plan kitchen, living, and dining area. It’s waiting to be loved by its new owner.

Make this property your permanent residence, a holiday home, a rental, or simply sell it!

Get your tickets today at heartlottery.org.nz
Find out more

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4 days ago

Poll: Is it rude to talk on the phone on a bus?

The Team from Neighbourly.co.nz

Buses can be a relaxing way to get home if you have a seat and enough space. However, it can be off-putting when someone is taking a phone call next to you.

Do you think it's inconsiderate for people to have lengthy phone calls on a bus? Vote in the poll, and add your comments below.

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Is it rude to talk on the phone on a bus?
  • 63.8% Yes
    63.8% Complete
  • 33.6% No
    33.6% Complete
  • 2.5% Other - I'll share below
    2.5% Complete
2593 votes