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.
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Scam Alert: Bank cold calls
ASB is warning customers about reports of cold calls from scammers claiming to be from ASB. These scammers are trying to obtain personal information, including usernames, dates of birth, and verification codes sent to your mobile phone.
🛡️ The "Caller Check" Test
If you get a call from someone claiming to be from ASB and you’re unsure, just ask them for a Caller Check. You will then be able to verify the call through the app.
Remember, banks will:
❌ Never ask for your banking passwords, PINs, or verification codes
❌ Never need to know your full credit card number – especially the CVC
❌ Never ask you to download software or remotely access your device
❌ Never ask you to purchase gift cards or transfer funds.
If you have received a phone call and think your account has been compromised, call ASB on 0800 ASB FRAUD (0800 272 372), or visit your local branch.
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