Does your property really double in value every 10yrs?
“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
What's your favourite recipe for courgettes?
Kia ora neighbours. If you've got a family recipe for courgettes, we'd love to see it and maybe publish it in our magazine. Send your recipe to mailbox@nzgardener.co.nz, and if we use it in the mag, you will receive a free copy of our January 2025 issue.
Poll: Do you think NZ should ban social media for youth?
The Australian Prime Minister has expressed plans to ban social media use for children.
This would make it illegal for under 16-year-olds to have accounts on platforms including TikTok, Instagram, Facebook and X.
Social media platforms would be tasked with ensuring children have no access (under-age children and their parents wouldn’t be penalised for breaching the age limit)
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Do you think NZ should follow suit? Vote in our poll and share your thoughts below.
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85.1% Yes
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13.4% No
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1.5% Other - I'll share below
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Kitten season has arrived, and over the next six months, over 8,000 cats and kittens will come into SPCA’s care. Please help us give these babies the best start in life and sign up to be a foster parent today! It's not just cats and kittens - we are also urgently seeking foster homes for dogs and small animals.
Fostering saves lives and helps these tiny babies grow into healthy, well-adjusted adults, ready for adoption. We cover all training and costs. All you need is time and love to spare!
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