Wealthy suburbs come second to Featherston and Cannons CReek
Homes in once unfancied areas have become objects of desire as hard-pressed buyers throw off the shackles of prestige.
CoreLogic figures show prices in Featherston had the most dramatic change over the last five years to October - increasing 132 per cent, from $199,750 to $463,750. Cannons Creek, and Wainuiomata were the next biggest movers with increases of 128 and 126 per cent, respectively.
There is, however, not such good news for home owners in some of Wellington's more traditionally wealthy suburbs.
Over the last five years properties in 13 areas around the Wellington Region have more than doubled in value – only two of those places had a median property value in excess of $300,000 in 2015. None were in Wellington City.
Lowest five median price increases (percentage) in the Wellington region over the last five years
Wellington Central
Price in October 2015: $319,500
Price in October 2020: $464,500
Change: 45 per cent
Eastbourne
Price in October 2015: $661,950
Price in October 2020: $994,300
Change: 50 per cent
Kelburn
Price in October 2015: $873,200
Price in October 2020: $1,312,250
Change: 50 per cent
Karaka Bays
Price in October 2015: $939,650
Price in October 2020: $1,419,150
Change: 51 per cent
Seatoun
Price in October 2015: $980,700
Price in October 2020: $1,498,800
Change: 53 per cent
Poll: When should the tree go up? 🎄
From what we've heard, some Christmas trees are already being assembled and decorated.
What are your thoughts on the best time to get your Christmas tree up?
-
5.1% Second half of November
-
42.4% 1st December
-
17.1% A week before Christmas
-
33.9% Whenever you wish
-
1.5% Other - I'll share below
Spring spruce up
Spring is the season of new beginnings and the perfect time to declutter and refresh your home. Imagine stepping into a space that feels open, organised, and filled with only what truly matters. Whether you’re looking to simplify your life, want to downsize, or just enjoy a more comfortable living space, decluttering is a great way to start.
With these expert tips from decluttering and organising specialist Peter Walsh, you can take small steps toward a clutter-free home that you’ll love spending time in.
Click read more for more article.
Hīkoi to parliament
Traffic heading into Wellington City has eased, however motorists should continue to expect significant delays in the city.
Hīkoi mō te Tiriti has reached Waitangi Park, with Police reporting no issues from this morning’s movements.
Another group of about 2000 people from the Hutt Valley began arriving at the Wellington Railway Station at around 8:30am.
The hīkoi is expected to begin their walk to Parliament along the Golden Mile (Courtenay Place, Manners Street, Willis Street and Lambton Quay) at 9am.
Loading…
