Monday, March 2, 2020
PROPERTY REPORT
S
W O H
House price index: Every New Zealand suburb
Page 6
Pages 13-21
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Creative ways to get on the property ladder
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2 OneRoof.co.nz
DATA CRUNCH
Owen Vaughan Note from the editor
T
welve months ago the real estate industry was worried about capital gains tax and whether turmoil in Sydney and Melbourne would spread across Tasman and bring down New Zealand house prices. The market was split: Auckland was still stuck in doldrums, while lower-priced regional markets were enjoying double-digit value growth. Fast-forward to March 2020 and capital gains tax is a non-issue, having been taken off the table by after near-universal opposition, and very few remember talk of a market crash. And in reversal of fortunes, Auckland has sprung back to life while affordability constraints have started to slow growth in the regions. This year appears to be one in which Kiwis finally shrug off the cautious mindset that followed the election in 2017 - although the election in September could instill another bout of “wait and see”. The bounce-back in Auckland will give cheer to homeowners after three years of no growth. Anecdotal evidence from open homes and auction rooms show a real demand for properties from first home buyers and investors. Unlike previous price lifts this is being driven by limited stock. Yes, FOMO fever is back - but buyers are worried they’ll miss out, not because of sky-high prices or sky-high interest rates, but because options are limited. Our cover story is a call, of sorts, to homeowners who have been sitting on the sidelines: now is a good time to sell - some may even be sitting on a million dollars in gain. OneRoof and its data partner Valocity identified the suburbs with the least churn and biggest value growth since 2014 i.e. the places where homeowners are likely to sitting on the biggest amount of untapped equity.
INSIDE
COVER STORY BINDI NORWELL MARKET UPDATE LATEST SUBURB VALUES ASHLEY CHURCH SUBURB FOCUS DESIGN COVER DATA
3-5 6 11-12 13-21 23 26-27 Jennifer Adams Phil Welch Valocity
The numbers look good but what are they really telling us? Confidence is creeping back into the housing market, but it would pay to temper expectations of a return boom times
T
he New Zealand housing market enters 2020 on the front foot, however, as per previous quarters, market growth is disparate, with certain markets performing significantly stronger than others. Overall, confidence, albeit subdued, is beginning to creep back into the market. For buyers, this appears to be mostly underpinned by two key trains of thought: • Nothing bad has happened yet – i.e. values didn’t fall of a cliff after the last election nor did the economy tank; and • Interest rates are still cheap, and there is no sign of this changing in the foreseeable future, even with the changes to trading bank capital adequacy ratios, which in reality may not amount to significant (if any) impact on retail mortgage rates given the implementation timeframe. There is an expectation that property values are increasing and will continue to do so, although the current mindset is perhaps best described as "less cautious than before" as opposed to "the boomtimes are back". There are signs that the pace of growth is beginning to stall in the regions as affordability constraints take effect, but in the last quarter only five territorial authorities suffered a drop in values – the Far North (-2.1 per cent), Ruapehu (-2 per cent), Westland (-1.8 per cent), Kaikoura (-1 per cent) and the Bay of Plenty (-0.7 per cent) – and just 16 saw no growth at all. In Auckland, where values have been in decline or flat for the last three years, the market is picking up, with six of the city's seven regions showing growth. However, I am not optimistic that we will see a return to rapid value growth early in 2020. Activity levels should remain buoyant as we transition from summer to autumn, while the rate of house price growth within New Zealand's smaller urban centres continue to soften. At a suburb level, there are some clear winners and losers in terms of value movements, driven for the most by strong competition among
As is often the case with big increases in equity, the biggest beneficiaries are refinancers. They can use the money they've built up in their home into a cash reserve, which can be an attractive option when borrowing rates are cheap like they are now. Those seeking to "cash out" and move to another home in the James Wilson Valocity same market still have to pay current market levels – paper money doesn’t make us all rich! first home buyers and investors as This is borne out by the research they seek the most affordable and the focus of the OneRoof housing stock available. Mortgage registration data reveals Property Report. A look at the unsold percentages of housing reveals that that first home buyers continue to be the most active buyer group. This is not all Kiwis within the main urban centres have been cashing in and further supported by recent Reserve selling their homes during the last 20 Bank of New Zealand (RBNZ) years. Even in markets such as figures that show an increase in low deposit lending. With mortgage rates Auckland unsold percentages averaged over 40 per cent, a remaining at historic low levels and reflection of the fact that, for many, no strong indications of any homes are purchased for long-term impending strengthening in the utility – such as, to raise their official cash family or live in – as rate, this opposed for shorttrend is term profit. This analysis perhaps also raises some questions Current median house Annual change about value for New Zealand legislation changes over the Total value of sales for Change in sale past two New Zealand in last 12 months value year on year to three years which been introduced Total number of sales Change in sale on the basis in last 12 months volume year on year that everyone is a speculator. It's too early to expected to know what impact September’s general election continue. will have on the housing market, but While the real drop in prices seen last year in some parts of the country what we do know is that elections are generally disruptive to housing may have led to a belief among market activity, so expect sales homeowners that they are going to volumes to slow further as we get take a hit if they bring their property closer to the poll date. to market, research by OneRoof and - James Wilson is director of insurance Valocity shows an eye-watering and valuation innovation at OneRoof's amount of equity growth during the data partner Valocity. last cycle for some locations.
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COVER STORY
THE HUNT FOR
UNTAPPED EQUITY CATHERINE MASTERS identifies the suburbs with least churn and biggest value growth — and asks what it means for homeowners there.
I
f you bought or owned a house through the 2014 to 2019 housing boom it’s likely you are sitting on a pile of money, at least on paper. A couple of suburbs have seen close to a million dollars of median value growth on their homes in the last five years while others have made anything from tens of thousands of dollars at the lower end to hundreds of thousands of dollars. OneRoof and its data partner Valocity identified the suburbs
with least churn and biggest value growth - the places where homeowners are likely to sitting on the biggest amount of untapped equity. We looked at all the homes that existed in New Zealand, at a suburb level, in 2014 and tracked their value growth to 2019. Nearly every suburb in the country has seen medium to big equity gains. Whether people should capitalise on the untapped equity they have made during the frenzied housing market
over the last five or so years is another matter. Some say you’d be crazy not to use gains as leverage to get an investment property, upgrade to a bigger home or buy that bach, but others are more cautious, pointing out if your value has risen, everyone else’s has shot up, too. Combined with what has been an all-time low nationwide shortage of listings over the past year, the problem is if you sell you might not be able to find what you’re looking for and get
Some say you’d be crazy not to use gains as leverage to get an investment property, upgrade to a bigger home or buy that bach.
stuck. And while in some areas the equity gains are truly impressive, the situation may not be clear-cut. For example, topping the list of biggest equity gain is Kumeu, in north-west Auckland, where the big lifestyle blocks that existed in 2014 have grown in value by $950,000 in five years to $2.02m. The fact that these blocks have seen huge growth while the suburb as a whole has dropped in value can be explained by the flood Continued on page 4
3
4 OneRoof.co.nz
COVER STORY Continued from page 3 of subdivisions seen the last five years, where owners of big blocks carved up their properties for development. Those who have kept their big sections intact have, potentially the most to gain, if they sell now, although local agent points out this fast-developing area is actually struggling because of infrastructure issues. Second on the list of equity gain is at the other end of the country. In picturesque Kawarau Falls in Queenstown new apartments and other residential development near the new Hilton Hotel on Lake Wakatipu led to median value growth of $910,000, and in the residential suburb of Kelvin Heights, literally just down the road from Kawarau Falls, median growth values rose by $750,000. Back in the north, the wealthy beach town of Omaha, on Auckland’s outer northern coastal edge, (where former Prime Minister John Key had a holiday home) rose $725,000, and posh Herne Bay in the inner city was up $815,000. These are stand out areas but there is almost nowhere that did not see equity gains - that’s almost. A few suburbs, in Greymouth and around Christchurch, did not do so well, showing negative equity, but they are the exception, not the rule. James Wilson, Valocity’s director of valuation innovation, says for Auckland some of the largest value growth has taken place on the outskirts of the super city, in suburbs such as Kumeu, Puhoi, Coatesville and Whitford. “This is mostly fueled by a change in the nature and property use in these areas as they transition from lifestyle to urban property types.” The lowest median time between the first two sales is occurring in areas of intense newer builds, such as, Flat Bush, Hobsonville, Takanini and Silverdale, which is to be expected as new areas are established. Wilson says when the data was refined to focus only on established suburbs, the top five in Auckland with the most value growth and the least churn time between sales were all, perhaps not surprisingly, coastal, sought-after areas Kohimarama, Mission Bay, Herne Bay, Mairangi Bay and Omaha. “This reveals that on paper homeowners in these locations have some of the greatest dollar equity in their homes generated during the last property boom, with the suburbs earning a median value of $49,000 per annum during this time. “This makes sense given the high value nature of these locations, but when we narrow the scope of this analysis to areas with a median value of
under $700,000, the top five areas of largest value growth and highest number of years between sales are Papatoetoe, Papakura, Clover Park, Eden Terrace and Wellsford.” The lower value suburbs also have a shorter time between sales which Wilson says is because these areas are popular among first home buyers and investors who typically adopt shorter holding periods as they either upsize or sell on their investment. The equity gains some home owners have made can be an entryway into something better by helping them invest, upgrade or renovate, or put money into a business, but for others the gains might not have much impact as the country struggles with the exponential property price growth that has taken place over the past 20 years. Whangarei “I don’t think it matters where you are in Northland, or the Whangarei region, everybody’s experienced considerable capital gain,” says Tony Grindle, general manager for Bayleys Whangarei. Kamo, to the north of Whangarei, has had marked growth ($190,000 median value growth) not so much from the new builds in the area but from an overall increase in demand for housing. “Whangarei’s going through a real boom period. We’re getting something in the vicinity of 6000 people moving in here every year. “There’s money coming into town from central and local Government, there’s expats moving back to town, we’ve got
Kumeu, Auckland
$950K in untapped equity
overseas professionals that are coming back to the north.” Suburbs that once weren’t popular, like Tikipunga ($160,000 equity gain), were now in demand, and any suburbs by the water, from Whangarei Heads ($285,000) to Tamaterau ($327,000), are always in demand. Otangerei, the suburb with the lowest equity gain at $100,000 and where Whangarei’s lowest priced properties are, is popular with investors. The suburb had an average eight years between sales, which is a longer average
Kawarau Falls, Queenstown (
$910K in untapped equity
than many other suburbs. Grindle advises people thinking of selling to cash up first because there are more buyers than property in Whangarei. He also says people need to make sure they can replace what they already have. “There’s no point selling if you’ve got nowhere to go to.” Omaha Omaha, with its median $725,000 equity gain in five years, has been described as Auckland’s The Hamptons rich New Yorkers holiday at The Hamptons and rich Aucklanders own real estate at Omaha. Di Balich, of Precision Real Estate, calls the beach retreat of “pretty swanky baches” Auckland’s Tuscany because of the vineyards all around. Capital gains are merely a bonus around here so the super wealthy residents likely won’t care much about theirs as money is not the issue for these property owners. Balich says a recent buyer had two multi-million dollar houses on Taumata Road to choose from who spent an extra $700,000 for the one with a better view of the beach, paying $7.2m for the property. “Omaha’s like a little micro climate,” she says. While further development options are limited, there is a lot of what she calls the “Omaha shuffle” where people buy entry level then upsize and upsize closer and closer to the beach. Wellsford The outlook is more complex in this sub-$700,000 rural town on the main highway north, certainly for the locals. While equity gains of an average $220,000 in five years look great on paper, it’s not that simple, says Bayleys agent Andrew Rumble.
“People will say things like ‘hell, we paid $300,000 four years ago and now it’s worth $500,000 and it kind of gobsmacks them, but the downside of that is that it means ‘we can’t afford to move because if we Orie Or Oriental ient ie ntal nt al Bay, Bay ay,, sell it whatever Well We Wellington llin ll ingt in gton gt on we’re going to buy is now over-priced.’” Like other in untapped untapp unt apped app ed equity equity towns, Wellsford locals also compete with downsizers coming to the country, or other outsiders from Auckland or Warkworth who use the town as a property stepping stone. “The question I always ask is ‘let’s not worry about what your place is worth, tell me what your dream is, what you want to be doing in the next two or three years and if selling your place lets you do that, let’s do it. But if you are just selling your place to make money it probably isn’t going to work.’”
$725K
capital gain were the people that had the old orchards over the years and got in at the proposed plan change, the proposed future urban zoning, while it looked like it was going to go, but hasn’t.” Housing is stable around the $1m to $1.1m mark but property is generally selling under CV, Howard says. “We’ve got people that are renting out houses because they can’t get the price they want and they don’t want to take a loss on so they’re putting tenants in and waiting for the market to come right.” There are quality homes in Kumeu, Howard says, but people who bought four years ago would be lucky to get their money back because of a drop in demand which he puts down to the traffic headaches.
Risk of over-capitalising ANZ chief economist Sharon Zollner warns people contemplating capitalising on their untapped equity to maybe take a breath even though interest rates are at an all-time low because somewhere down the track there will be a Kumeu recession (“there will be one, I Bob Howard, from Harcourts just can’t tell you when”) and Kumeu-North West Auckland, then some will panic because of also advises caution because the size of their mortgages. despite having the largest With the coronavirus causing median equity gain in the unrest, the near future nation, the Kumeu is uncertain, too. property market is “You could struggling. imagine a When the scenario when first Unitary mortgage rates Plan came out and business six years ago banking rates swathes of Omaha, Auckland are going up land were because global earmarked for markets are in a development so in untapped equity tizzy and the people went on Reserve Bank can’t selling and buying do anything about it in sprees, Howard explains. terms of the official cash rates. But the rapid development That tightening of financial led to major traffic problems so conditions in times of trouble, the council put the brakes on we haven’t really had that further development, meaning before but it is a risk, because some of the people who bought we’ve never gone into a are not getting their money downturn with the Official back. Cash Rate at one per cent.” “The people that made the
$725K
“There’s no point selling if you’ve got nowhere to go to.”
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Sitting on a goldmine The New Zealand suburbs with the most untapped equity 2014 median value ($)
2019 median value ($)
1,070,000 KUMEU
Auckland Rodney
2,020,000 950,000 1,105,000
KAWARAU FALLS Queenstown
2,015,000 910,000 1,635,000
HERNE BAY Auckland City
2,450,000 815,000 1,560,000
SAINT MARYS BAY Auckland City
2,315,000 755,000 837,500
KELVIN HEIGHTS Queenstown
1,587,500 750,000 910,000
OMAHA
Auckland Rodney
1,635,000 725,000 1,175,000
WAITOKI
Auckland Rodney
1,840,000 665,000 1,037,500
WAINUI
Auckland Rodney
1,702,500 665,000 1,045,000
MAHURANGI WEST Auckland Rodney
1,655,000 610,000 1,267,500
SHAMROCK PARK Auckland Manukau
Source: OneRoof and Valocity
1,855,000 587,500
Dollar ($) change
5
6 OneRoof.co.nz
COMMENT
Hope for those who feel home-ownership is mission impossible Bindi Norwell
T
he possibility of getting a foothold on the housing ladder in the traditional sense - which involves saving a deposit and securing a loan, is becoming ever-more distant for many hopeful first-home buyers in New Zealand – especially in Auckland and other main urban centres. This doesn’t mean that all hope is lost. In fact, it might be well worthwhile considering some of the alternative - and often more creative - means of home ownership that are on offer. However, it’s crucial to involve a lawyer right from the start and check all aspects of a particular plan out very carefully. Shared equity or fractional ownership is a proposition based on having a third-party contributing around 10 or 15 percent towards the price you pay for your home, when you don’t have a full 20 percent deposit yourself. In return for their investment, they get DIY limitation clauses – just in case buyers get over-enthusiastic and want to tear down walls, for example.
First home buyers should consider alternative and more creative methods of getting a foot on the property ladder
Under BNZ’s YouOwn offering, which applies only to new-build homes in certain locations, a review after five years sees the purchasers permitted to buy out YouOwn's stake in the property. Capital gains are shared between the parties relative to ownership. However, it’s important to understand that you are taking a risk, because in a quiet market those gains may be minimal. Build-to-rent can make sense, but it’s another significant departure from the traditional norm. This approach, which requires a more substantial input from local property construction, development and investment sectors, and sees building complexes specifically earmarked as long-term rentals, rather than as units to be sold. It’s a model which has worked well overseas, especially in places where home ownership isn’t a major priority. The goal of home-ownership has always been part of Kiwi culture but it may ultimately become a thing of the past for many people here too – especially given the growth in
house prices compared to salary growth. In some ways, longterm rentals make sense because tenants enjoy many advantages that homeowners don’t, with landlords required to provide insulation, heating and other services. Rent-to-own schemes are currently being promoted by the government as another alternative option for struggling home buyers, often under the auspices of charitable trusts. These schemes work in
number of buyers are tapping into KiwiSaver and withdrawing funds to put towards the deposit on a first home. As part of the deal you must live there yourself for a certain period of time. You must be over 18 years old and have been contributing the required minimum amount to KiwiSaver for at least three years. Additional KiwiSaver grants may be available to those with income (before tax) of less $85,000 for an individual and
“The build-to-rent model has worked well overseas, especially in places where home ownership isn’t a major priority.” various ways – often by having some of the rent that’s being paid, put towards building equity. There will generally be a fixed timeframe, at the end of which the tenant is able to buy their home outright or move to a shared ownership approach. However, rent-to-own arrangements are based on the assumption that house prices will rise, so it’s important to consider potential outcomes if they don’t. Meanwhile, a significant
$130,000 per annum for two people or more, as long as you have 10 percent deposit. The Government is looking into updating the scheme to allow people to use their KiwiSaver for proportional share with others or for investment purposes which may see more people purchasing properties in affordable areas in order to get onto the property ladder. As with any investment decision, when considering any of these more innovative
approaches to home ownership, our advice is that people undertake appropriate due diligence It is important that potential investors understand all of the current and future costs involved. Additionally, they should also seek to understand the level of risk they are taking on and ensure they are comfortable with that risk. Anyone considering some of these more lateral property moves should take legal advice and talk to their bank about what sort of finance would be available. I’d also recommend talking to a financial adviser for additional financial planning support. Lastly, if you’re thinking about going down the investment option, make sure you are aware of what your future obligations will be as a landlord – especially in relation to upcoming legislative changes such as the Healthy Homes Standards, as this may change your view substantially on the type of property you want to buy. - Bindi Norwell is chief executive of the Real Estate Institute of New Zealand
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-2.3% 1.1%
M A R K E T WAT C H N O R T H A N D S O U T H I S L A N D
WHANGAREI
5.0%
4.9%*
Power of first-home buyers 8.2%
$540,000
11.1%
NORTH ISLAND 1 Normanby SOUTH TARANAKI 2 Taihape & Surrounds RANGITIKEI
12 CH MON AN TH GE %
RAN
K
SU BU RB
RAT AU ING THO RIT
Y
Biggest ggest risers
interest rates are here to stay have been the main growth drivers, but adding fuel to the market are several factors specific to Auckland: increased buyer demand within certain locations and price brackets and a shortage of listings within the $800,000 to $1.1m bracket within city fringe locations. Investors are starting to return to the city’s southern fringe but overall activity continues to slide, with their share of new mortgage registrations down 4.5 per cent year on year to 14.25 per cent. That has benefited first home buyers, whose share of new
LAT VALEST M UE EDI AN
15.2% Auckland After a three-year-long slump, 37.9% Auckland’s property market has rebounded, but the big question on everyone’s lips is how high will prices go? OneRoof-Valocity figures for the quarter showed growth in all of parts of the city bar one region – Rodney. The reversal of fortunes for the country’s biggest housing market was evident in the strong finish to 2019. While a decline in sales volumes during the summer break was evident, activity levels remained heightened. Enhanced confidence and expectations that the low
$255,000 $200,000
41.7% 37.9%
3
Wairoa
WAIROA
$170,000
36.0%
4
Mataura
GORE
$155,000
34.8%
5
Reefton
BULLER
$195,000
34.5%
6
Waverley
SOUTH TARANAKI
$170,000
30.0%
7
Te Awa
NAPIER
$635,000
29.6%
8
Ohakune
RUAPEHU
$355,000
29.1%
9
Whanganui Central WHANGANUI
$250,000
28.2%
10
Castlecliff
$230,000
27.8%
WHANGANUI
$980,000
TAURANGA
3.1%
Hamilton Hamilton remains relatively buoyant, but it has not enjoyed the “surge” seen in neighbouring Auckland. The median value of all properties in the city grew 0.9 per cent in the last three months – 6.4 per cent annually – to $580,000. Sales volumes last year were supressed, a trend which looks set to continue well into 2020. HowNEW PLYMOUTH
HAMILTON
$580,000
ROTORUA
8.0% $470,000
5.9%
NAPIER
9.4%
$450,000
WHANGANUI
NELSON
$525,000
17.3%
7.5%
$305,000
$570,000
PALMERSTON NORTH
12.7% $445,000
AUCKLAND RODNEY AUCKLAND RODNEY
$1,065,000 $1,035,000
-21.7% -8.0%
3
Long Bay
AUCK NTH SHORE
$1,420,000
-7.2%
4
Aongatete
BAY OF PLENTY
$850,000
-7.1%
5
Waterview
AUCKLAND CITY
$840,000
-6.7%
6
Huapai
AUCKLAND RODNEY
$912,500
-5.9%
7
Wanaka
QUEENSTOWN
$1,010,000
-5.6%
8
Saint Heliers
AUCKLAND CITY
$1,500,000
-5.4%
9
Glen Innes
AUCKLAND CITY
$942,500
-4.8%
10
Ponsonby
AUCKLAND CITY
$1,695,000
-4.8%
What the maps tell you
WELLINGTON
4.7% $785,000
QUEENSTOWN LAKES
0.5%
DUNEDIN
$980,000
14.8% $465,000
ever, agents are reporting slight upticks among certain buyer groups - investors and first home buyers.
INVERCARGILL
19.2% $310,000
Tauranga The city’s median property value, sitting at $675,000, hasn’t grown in the last three months and has only risen 3.1 per cent annually. Despite this, agents and valuers have reported an increase in activity in certain locations. The share of new mortgage registrations to
The different colours on the two maps express the change in median values for each territorial authority in the last 12-months.
investors increased 4.5 per cent year on year to 17.23 per cent, outstripping the CHRISTCHURCH growth in registrations to first home buyers. First home buyers, however, remain the $445,000 dominant buying group, accounting for just over a quarter of mortgage registrations in the last quarter. Auckland’s At a suburb level, we see the property impact of first home buyer market has demand for affordable housing rebounded, stock, with the top five but the big performers over the last quarter question on all boasting median values of everyone’s less than $650,000. lips is how high will Wellington prices go? A year ago Wellington was enjoying strong house price growth; now the market is showing signs of flagging, with the city’s median value up just 4.7 per cent year on year, and 1.3 per cent in the last quarter, to $785,000. Don’t expect to see resurgence any time soon, with value growth expected to soften further.
1.1%
* 12-month % change *Current median $ value
$675,000
6.4%
12 CH MON AN TH GE %
LAT VALEST M UE EDI A
Y SU
RAT AU ING THO RIT
BU RB
K RAN
NORTH ISLAND 1 Kumeu 2 Kaukapakapa
-1%
N
gges fallers a es Biggest
AUCKLAND CITY
mortgage registrations has increased 6.9 per cent year on year to 27.8 per cent. Evidence of home owners capitalising on their equity growth remains evident in the fact that refinance registrations continue to grow, up 3.8 per cent on the same period last year to 30 per cent of total registrations.
-6.3% 2.2% 5.5% 8.5% 11.9% 15.7% 29.2%
First home buyers aren’t as active as they once were, with their share of new mortgage registrations up just 3.7 per cent year on year. In contrast investors’ share of overall registrations grew to 17.28 per cent. Christchurch House values were on the rise in the latter half of 2019, but over the last quarter the market died down again, with the city seeing no value growth in the past three months and only a 1.1 per cent increase year on year. With the median property value sitting at $445,000, Christchurch remains one of the country’s most affordable cities. More than a quarter of sales in the city were between $400,000 and $500,000; and another 25 per cent of sales were between $300,000 and $400,000. The attractive price point is why first home buyers represented a third of new mortgage registrations in the past three months – a rise of 2.9 per cent year on year.
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LATEST SUBURB VALUES
Is your suburb rising or falling?
GREATER WELLINGTON
18
NELSON, TASMAN, MARLBOR OUGH
19
WEST COAST
19
CANTERBURY
19
SOUTHLAND
20
OTAGO
21
UR SUB
UPPER NORTH ISLAND / NORTHLAND FAR NORTH AHIPARA AWANUI CABLE BAY COOPERS BEACH HARURU HEREKINO HOREKE HOUHORA KAEO KAIKOHE KAINGAROA KAITAIA KARIKARI PENINSULA KAWAKAWA KERIKERI KERIKERI SURROUNDS MANGONUI MOEREWA OHAEAWAI OKAIHAU OMAPERE OPONONI OPUA PAIHIA PAKARAKA PERIA PUKENUI RAWENE RUSSELL RUSSELL SURROUNDS TAIPA WAIMATE NORTH
$390,000 $380,000 $515,000 $535,000 $555,000 $225,000 $205,000 N/A $450,000 $195,000 $400,000 $250,000 $450,000 $295,000 $700,000 $785,000 $490,000 N/A $635,000 $452,500 $365,000 $310,000 $570,000 $515,000 $630,000 $350,000 $465,000 $295,000 $800,000 $620,000 $432,500 $860,000
-3% N/A 0% 0% 0% 5% -9% N/A -1% 0% 7% 2% 1% 0% 0% 0% N/A N/A 2% 3% N/A N/A -2% 2% -2% 9% N/A N/A 2% N/A -4% 1%
4% N/A 7% -1% 12% N/A N/A N/A N/A 11% 3% 11% 2% 5% 5% 4% N/A N/A 7% N/A -4% -5% N/A 1% N/A 9% N/A 2% 9% 11% -9% 6%
19 10 26 23 22 5 N/A N/A 18 43 5 133 33 18 175 24 17 N/A N/A 16 6 8 13 57 3 5 15 10 13 5 6 4
$1,150,000 $400,000 $915,000 $1,060,000 $730,000 $400,000 N/A N/A $920,000 $390,000 $630,000 $645,000 $865,000 $570,000 $6,250,000 $1,600,000 $1,305,000 N/A N/A $850,000 $450,000 $440,000 $787,500 $1,500,000 $830,000 $420,000 $750,000 $530,000 $3,950,000 $1,150,000 $710,000 $1,550,000
KAIPARA DARGAVILLE DARGAVILLE SURROUNDS KAIWAKA MANGAWHAI MANGAWHAI HEADS MATAKOHE MAUNGATUROTO PAPAROA POUTO RUAWAI TE KOPURU TINOPAI WHAKAPIRAU
$325,000 $450,000 $645,000 $795,000 $802,500 N/A $440,000 $565,000 N/A $240,000 N/A N/A $580,000
2% 2% 8% 4% 0% N/A -2% N/A N/A -2% N/A N/A 3%
1% N/A 10% 9% 3% N/A 4% N/A N/A -6% N/A N/A N/A
117 36 44 74 93 N/A 34 20 N/A 13 N/A N/A 11
$740,000 $1,000,000 $870,000 $3,000,000 $2,585,000 N/A $1,080,000 $845,000 N/A $420,000 N/A N/A $880,000
WHANGAREI AVENUES GLENBERVIE HIKURANGI HORAHORA HUKERENUI&SURROUNDS KAMO
$410,000 $840,000 $390,000 $470,000 $615,000 $530,000
-1% 1% -1% 1% N/A 2%
-2% -1% 15% 4% N/A 2%
34 11 33 27 10 243
$605,000 $1,551,500 $715,000 $738,000 $790,000 $1,165,000
KAURI KENSINGTON KIRIPAKA KOKOPU LANGS BEACH MANGAPAI & SURROUNDS MATAPOURI MATARAU MAUNGAKARAMEA MAUNGATAPERE MAUNU MORNINGSIDE NGUNGURU ONE TREE POINT ONERAHI OTAIKA OTANGAREI PAKOTAI PARAHAKI PARUA BAY POROTI PORTLAND RAUMANGA REGENT RIVERSIDE RUAKAKA RUATANGATA TAMATERAU TIKIPUNGA TUTUKAKA WAIPU WHAKAPARA WHANANAKI WHANGAREI HEADS WHAREORA WHAU VALLEY WOODHILL
BIG PR GEST I 12 CE INSALE MO LA NTH ST S
17
TOT OF AL NU IN SALESMBER L MOAST 1 NTH 2 S
17
GISBORNE, HAWKES BAY
which to buy. For each suburb, the tables also show for the 12 months the total number of sales and the biggest single sale. Together, they give a comprehensive picture of the property market in your own suburb – and the rest of the country.
12 % C-MON HA TH NG E
MANAWATU, WH ANGANUI
QU % CARTER HA NG E
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LAT MEEST $ VDIAN ALU E
16
TARANAKI
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BAY OF P LENTY
TOT OF AL NU IN SALESMBER L MOAST 1 NTH 2 S
15
12 % C-MON HA TH NG E
13
WAIKATO
QU % CARTER HA NG E
AUCKLAND
LAT MEEST $ VDIAN ALU E
13
B
NOR THLAND
expect to pay for a property in that suburb. The tables also track how well a suburb is performing, showing the changes in value over the last quarter and the last 12 months. These figures are a good indication of demand for property in the suburb and whether it is a good place in
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● Hold your phone camera over the code to find out more information about your suburb and how it compares to the rest of New Zealand.
What the tables tell you The tables show the latest median value for every suburb in New Zealand, arranged by region from north to south (towns and districts within those regions are shown in alphabetical order). The median value gives an indication of what buyers could typically
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The model is intended to provide an estimate of value at the date it was run.
BIG PR GEST I 12 CE INSALE MO LA NTH ST S
T
he OneRoof Property Report suburb valuation tables, powered by Valocity, use an automated valuation model (AVM) to provide the latest values for every suburb in New Zealand. The AVM takes into account recorded property attributes and historical market property sales data to estimate the value of every residential property in a suburb.
$745,000 $450,000 $647,500 $820,000 $1,540,000 $620,000 $925,000 $717,500 $595,000 $855,000 $705,000 $425,000 $790,000 $710,000 $470,000 $675,000 $240,000 $350,000 $560,000 $770,000 $805,000 $430,000 $365,000 $495,000 $560,000 $615,000 $680,000 $805,000 $430,000 $845,000 $785,000 $595,000 $830,000 $735,000 $775,000 $480,000 $440,000
-12% 0% 1% 3% 1% -1% 1% -13% -2% 2% 0% 1% 1% 0% 0% 2% 0% -5% 4% 2% 3% 4% 0% 0% 1% 1% 1% -1% 2% 1% -3% 3% -2% -1% 2% 2% 0%
11% 1% -5% 12% 5% N/A -10% 10% 8% 8% 3% 4% 6% 1% 1% N/A 12% 4% 24% 4% 14% N/A 11% 6% 22% -2% 9% 16% 0% -21% 1% 10% -3% 3% 30% 7% 0%
17 124 3 4 13 30 10 2 16 23 79 42 31 75 139 8 17 4 26 24 8 5 118 35 16 65 21 18 124 17 70 4 1 18 15 42 49
$880,000 $1,650,000 $850,000 $1,035,000 $2,275,000 $870,000 $1,200,000 $918,000 $895,000 $1,700,000 $1,600,000 $633,000 $1,075,000 $2,350,000 $1,050,000 $910,000 $318,000 $519,000 $865,000 $1,355,000 $830,000 $690,000 $562,000 $1,200,000 $1,200,000 $1,200,000 $1,150,000 $1,950,000 $890,000 $2,555,000 $2,500,000 $600,000 $775,000 $1,750,000 $1,300,000 $835,000 $639,088
$460,000 $820,000 $925,000 $625,000 $975,000 $1,700,000 $1,145,000 $942,500 $1,537,500 $485,000 $1,370,000 $1,445,000 $2,445,000 $1,060,000
0% 2% 0% 1% 3% 4% 0% 0% 1% 1% 1% 4% 3% 1%
0% 1% -3% 2% -3% -4% -0% -5% -4% 8% 5% 0% 1% -1%
701 233 119 77 149 183 89 58 90 101 87 179 40 67
$3,386,425 $1,500,000 $1,780,000 $2,580,000 $2,680,000 $5,850,000 $5,200,000 $1,505,000 $9,000,000 $2,305,000 $6,100,000 $3,525,000 $6,000,000 $2,500,000
GREATER AUCKLAND AUCKLAND — CITY AUCKLAND CENTRAL AVONDALE BLOCKHOUSE BAY EDEN TERRACE ELLERSLIE EPSOM FREEMANS BAY GLEN INNES GLENDOWIE GRAFTON GREENLANE GREY LYNN HERNE BAY HILLSBOROUGH
0% 5% -4% 1% N/A 10% 6% 3% -2% N/A -1% 3% 1% N/A -1% 3% N/A 3% 2%
5% 3% -5% -1% -11% -8% -3% 4% -7% 0% -1% 2% 2% N/A -9% 5% N/A -5% 2%
9 11 20 48 25 18 14 15 8 5 36 13 587 5 3 14 N/A 11 217
$1,422,000 $1,190,000 $1,905,000 $2,000,000 $2,400,000 $1,220,000 $2,350,000 $969,000 $1,600,000 $1,390,000 $1,700,000 $1,025,000 $5,100,000 $2,100,000 $1,200,000 $2,685,000 N/A $1,450,000 $1,250,000
SUB AUCKLAND — MANUKAU ALFRISTON BEACHLANDS BROOKBY BUCKLANDS BEACH CLENDON PARK CLEVEDON CLOVER PARK COCKLE BAY DANNEMORA EAST TAMAKI EAST TAMAKI HEIGHTS EASTERN BEACH FARM COVE FAVONA FLAT BUSH GOLFLANDS GOODWOOD HEIGHTS HALF MOON BAY HIGHLAND PARK HOWICK HUNTINGTON PARK KAWAKAWA BAY MANGERE MANGERE BRIDGE MANGERE EAST MANUKAU MANUREWA MELLONS BAY NORTHPARK ORERE POINT
$1,615,000 $1,150,000 N/A $1,185,000 $540,000 $1,350,000 $645,000 $1,197,500 $1,360,000 $970,000 $1,255,000 $1,420,000 $1,245,000 $675,000 $1,090,000 $1,070,000 $845,000 $1,135,000 $890,000 $950,000 $1,060,000 $845,000 $675,000 $935,000 $640,000 $505,000 $630,000 $1,475,000 $1,185,000 $492,500
7% 0% N/A 3% -1% 2% 2% 1% 1% 2% 2% 1% 4% -1% 1% 3% 2% 1% 2% 2% 7% -6% 2% -1% 0% 0% 1% 1% 3% -1%
N/A 0% N/A -2% -2% -11% 1% -1% -6% 1% 2% -5% -3% 0% 1% -2% 0% 0% -1% -1% 1% 9% -1% 2% -1% 3% 1% -4% 0% 13%
5 150 N/A 108 109 14 65 111 28 89 56 25 34 45 522 39 43 79 45 195 6 8 142 116 159 42 764 44 49 7
$1,950,000 $2,500,000 N/A $3,000,000 $900,000 $1,725,000 $1,050,000 $3,250,000 $2,700,000 $1,388,000 $2,930,000 $3,000,000 $3,900,000 $1,290,000 $1,980,000 $1,365,000 $1,350,000 $2,220,000 $1,850,000 $2,200,000 $1,151,000 $1,170,000 $1,595,000 $1,810,000 $1,550,000 $1,631,000 $1,320,000 $3,860,000 $1,493,000 $510,000
BIG PR GEST I 12 CE INSALE MO LA NTH ST S
$1,200,000 $580,000 $1,055,000 $770,000 $880,000 $1,035,000 $1,230,000 $730,000 $1,060,000 $655,000 $880,000 $775,000 $665,000 $1,200,000 $1,005,000 $1,305,000 N/A $1,320,000 $635,000
TOT OF AL NU IN SALESMBER L MOAST 1 NTH 2 S
AUCKLAND — FRANKLIN ARARIMU AWHITU BOMBAY CLARKS BEACH GLENBROOK HUNUA KINGSEAT MANUKAU HEADS MAUKU PAERATA PATUMAHOE POLLOK PUKEKOHE PUKEKOHE EAST PUNI RAMARAMA RUNCIMAN WAIAU PA WAIUKU
12 % C-MON HA TH NG E
$2,275,500 $7,600,000 $1,845,000 $2,325,000 $4,608,000 $2,510,000 $2,875,000 $9,500,000 $1,700,000 $1,655,000 $1,515,000 $1,760,000 $985,000 $1,950,000 $2,050,000 $3,850,000 $3,900,000 $5,150,000 $1,549,000 $1,530,000 $3,185,000 $2,300,000 $6,100,000 $1,490,000 $3,750,000 $1,200,000 $5,201,000 $10,500,000 $2,200,000 $10,500,000 $2,330,000 $3,515,000 $2,625,000 $1,780,500 $2,500,000 $1,869,000 $1,400,000 $1,452,174 $1,720,000 $4,750,000
QU % CARTER HA NG E
32 67 53 75 73 56 197 289 261 286 69 26 12 59 230 69 18 49 49 101 6 65 109 4 134 25 74 345 61 193 53 20 118 92 39 31 8 10 40 59
$570,000 $910,000 $910,000 $700,000 $1,785,000 $1,217,500 $1,185,000 $995,000 $815,000 $1,545,000 $835,000 $2,280,000 $550,000 $980,000
0% 1% 1% 0% -2% 4% 1% 0% 0% 2% 2% -9% 1% 3%
1% 0% -3% -1% -7% -1% -3% -3% -2% N/A 0% -23% 2% -2%
73 95 141 518 11 31 69 37 42 4 115 20 7 64
$894,000 $1,600,000 $1,250,000 $1,340,000 $2,170,000 $1,524,000 $4,650,000 $1,406,000 $1,190,000 $1,650,000 $1,300,000 $5,000,000 $695,000 $1,262,000
AUCKLAND — NORTH SHORE ALBANY $980,000 ALBANY HEIGHTS $1,030,000 BAYSWATER $1,175,000 BAYVIEW $800,000 BEACH HAVEN $825,000 BELMONT $1,075,000 BIRKDALE $790,000 BIRKENHEAD $960,000 BROWNS BAY $1,015,000 CAMPBELLS BAY $1,705,000 CASTOR BAY $1,465,000 CHATSWOOD $1,185,000 DEVONPORT $1,560,000 FAIRVIEW HEIGHTS $1,335,000 FORREST HILL $1,180,000 GLENFIELD $845,000 GREENHITHE $1,295,000 HAURAKI $1,350,000 HILLCREST $1,020,000 LONG BAY $1,420,000 LUCAS HEIGHTS $1,350,000 MAIRANGI BAY $1,445,000 MILFORD $1,220,000 MURRAYS BAY $1,340,000 NARROW NECK $1,420,000 NORTHCOTE $1,020,000 NORTHCOTE POINT $1,275,000 NORTHCROSS $960,000 OKURA $1,145,000 OTEHA $910,000 PAREMOREMO $1,120,000 PINEHILL $1,380,000 ROSEDALE $900,000 ROTHESAY BAY $1,250,000 SCHNAPPER ROCK $1,360,000 STANLEY POINT $1,672,500 SUNNYNOOK $985,000 TAKAPUNA $1,285,000 TORBAY $980,000 TOTARA VALE $865,000 UNSWORTH HEIGHTS $945,000 WAIAKE $1,180,000 WAIRAU VALLEY $770,000 WINDSOR PARK $1,100,000
1% 1% 1% 1% 1% 1% 0% 1% 2% -0% 2% 0% 0% -0% 4% 1% -0% 1% 1% 0% -6% 1% 2% -1% 1% 1% -1% 0% -2% 0% -5% 0% -1% -0% 0% 0% 3% 2% 1% 0% 0% 2% 1% -0%
-2% -1% 1% -1% 1% -1% -1% 1% -4% -7% -3% -3% -1% -3% -1% -1% -2% 2% 0% -7% -20% -2% 3% -1% 1% -2% 0% -4% -5% -5% -22% -0% -1% -0% -5% -3% -3% -2% -3% -1% -1% 1% -0% -3%
146 44 25 115 157 50 124 128 148 28 55 35 80 27 103 229 113 73 120 45 6 76 131 46 36 89 34 27 3 61 7 41 11 50 47 24 63 149 201 71 55 23 2 22
$1,705,000 $3,300,000 $2,775,000 $1,300,000 $1,730,000 $3,825,000 $1,215,000 $2,900,000 $4,050,000 $4,100,000 $3,200,000 $1,620,000 $5,500,000 $1,720,000 $2,000,000 $3,020,000 $3,070,000 $5,800,000 $1,800,000 $2,100,000 $3,373,400 $4,232,000 $3,700,000 $3,500,000 $3,660,000 $2,825,000 $2,750,000 $1,540,000 $1,212,000 $1,738,000 $2,000,000 $2,180,000 $1,110,000 $3,650,000 $3,050,000 $2,600,000 $1,568,000 $5,340,000 $2,410,000 $1,315,000 $2,105,000 $4,125,000 $728,000 $1,635,000
AUCKLAND — PAPAKURA CONIFER GROVE DRURY KARAKA OPAHEKE PAHUREHURE PAPAKURA RED HILL ROSEHILL TAKANINI
$810,000 $785,000 $1,197,500 $740,000 $757,500 $610,000 $580,000 $615,000 $735,000
1% 6% 1% 1% 1% 0% 1% 3% 1%
0% 5% 1% 1% -1% 1% 0% 0% 1%
98 15 99 73 64 613 28 72 293
$1,350,000 $1,785,000 $3,200,000 $2,117,000 $1,070,000 $1,885,000 $820,000 $1,176,000 $2,200,000
AUCKLAND — RODNEY ALGIES BAY ARKLES BAY ARMY BAY COATESVILLE DAIRY FLAT GULF HARBOUR HATFIELDS BEACH HELENSVILLE HUAPAI KAIPARA FLATS KAUKAPAKAPA KUMEU LEIGH MAHURANGI WEST MAKARAU MANLY MATAKANA MATAKATIA MURIWAI OMAHA
$910,000 $865,000 $845,000 $2,580,000 $1,795,000 $795,000 $785,000 $795,000 $912,500 $1,090,000 $1,035,000 $1,065,000 $832,500 $1,487,500 $935,000 $810,000 $1,250,000 $1,110,000 $1,065,000 $1,625,000
1% 1% -2% 7% 7% -1% 0% 1% -1% -6% -2% -3% 1% -7% -2% -1% 2% -1% -1% -1%
1% -3% -4% -3% N/A -2% 3% 1% -6% -0% -8% -22% -3% -5% 3% -2% 15% -3% 1% 14%
15 17 32 14 18 136 20 71 56 12 31 93 14 1 7 68 20 12 23 50
$2,130,000 $1,550,000 $1,850,000 $5,050,000 $3,160,000 $2,000,000 $1,725,000 $3,200,000 $1,350,000 $1,100,000 $1,550,000 $2,575,000 $12,000,000 $1,465,788 $970,000 $1,850,000 $2,330,000 $2,000,000 $1,750,000 $7,225,000
OTARA PAKURANGA PAKURANGA HEIGHTS PAPATOETOE SHAMROCK PARK SOMERVILLE SUNNYHILLS THE GARDENS TOTARA HEIGHTS TOTARA PARK WATTLE DOWNS WHITFORD WIRI BOTANY DOWNS
LAT MEEST $ VDIAN ALU E
3% -2% 0% -1% 1% 4% 0% -4% -1% 1% -2% 6% -1% 0% 1% -1% -1% -2% -2% -1% -2% -1% 5% -5% -0% 1% -5% 0% 0% -5% -4% 2% -1% -3% -1% -2% 3% 0% -7% -1%
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4% -1% 2% 3% 1% 1% 3% 3% 1% 0% 1% 5% 3% 1% 2% 1% 1% 2% 2% -1% 1% -1% 2% -2% 3% 3% 6% 3% 2% 0% 1% 2% 3% -1% 1% 1% 1% 4% -2% 8%
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BIG PR GEST I 12 CE INSALE MO LA NTH ST S
$1,250,000 $1,520,000 $960,000 $1,330,000 $1,495,000 $1,145,000 $1,080,000 $1,430,000 $925,000 $790,000 $940,000 $695,000 $760,000 $1,040,000 $905,000 $1,155,000 $970,000 $1,560,000 $825,000 $630,000 $1,220,000 $800,000 $1,345,000 $910,000 $1,445,000 $940,000 $1,695,000 $1,735,000 $1,125,000 $1,500,000 $1,145,000 $2,250,000 $1,130,000 $1,335,000 $895,000 $985,000 $990,000 $1,295,000 $840,000 $1,755,000
LAT MEEST $ VDIAN ALU E
KINGSLAND KOHIMARAMA LYNFIELD MEADOWBANK MISSION BAY MORNINGSIDE MOUNT ALBERT MOUNT EDEN MOUNT ROSKILL MOUNT WELLINGTON NEW WINDSOR NEWMARKET OMIHA ONE TREE HILL ONEHUNGA ONEROA ONETANGI ORAKEI OSTEND OTAHUHU PALM BEACH PANMURE PARNELL PENROSE POINT CHEVALIER POINT ENGLAND PONSONBY REMUERA ROYAL OAK SAINT HELIERS SAINT JOHNS SAINT MARYS BAY SANDRINGHAM STONEFIELDS SURFDALE THREE KINGS WAIHEKE ISLAND WAIOTAIKI BAY WATERVIEW WESTMERE
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12 % C-MON HA TH NG E
TOT OF AL NU IN SALESMBER L MOAST 1 NTH 2 S
OneRoof.co.nz
QU % CARTER HA NG E
14
0% N/A -1% 6% 3% -11% 1% N/A -0% N/A -0% 1% -3% -2% -0% -7% 18% 10% 9% -1% 9% -2% -3% -9% 1% 0% 3% 2% 5%
-1% N/A -3% 4% N/A 1% -1% -13% -4% N/A -4% 2% 6% -3% 2% -25% 13% 8% -1% -1% -4% N/A 0% -13% -2% 2% 5% -2% 31%
204 N/A 25 12 2 14 117 N/A 43 N/A 160 85 5 197 23 11 8 5 1 10 2 36 13 11 1 99 59 3 6
$2,200,000 N/A $1,300,000 $2,000,000 $650,000 $2,600,000 $2,175,000 N/A $3,200,000 N/A $1,765,000 $1,920,000 $1,205,000 $2,280,000 $1,100,000 $4,250,000 $3,800,000 $1,220,000 $525,000 $2,888,000 $2,350,000 $3,429,041 $3,780,000 $2,580,800 $850,000 $3,200,000 $1,200,000 $810,000 $3,500,000
AUCKLAND — WAITAKERE BETHELLS BEACH CORNWALLIS GLEN EDEN GLENDENE GREEN BAY HENDERSON HENDERSON VALLEY HERALD ISLAND HOBSONVILLE HUIA KAREKARE KELSTON LAINGHOLM MASSEY NEW LYNN ORATIA PARAU PIHA RANUI SUNNYVALE SWANSON TE ATATU PENINSULA TE ATATU SOUTH TITIRANGI WAIATARUA WAITAKERE WEST HARBOUR WESTGATE WHENUAPAI
$750,000 $900,000 $735,000 $755,000 $875,000 $770,000 $855,000 $1,077,500 $915,000 $720,000 $610,000 $740,000 $820,000 $740,000 $745,000 $865,000 $825,000 $900,000 $680,000 $720,000 $845,000 $925,000 $800,000 $885,000 $820,000 $950,000 $980,000 $850,000 $990,000
1% 1% 2% 2% 1% 1% -1% 0% 2% 2% 4% 1% 2% 2% 1% N/A 3% 1% 1% 2% 1% 1% 2% 0% 0% -2% 0% -1% 1%
N/A -2% 1% 2% -3% -1% -3% -0% N/A 0% -16% -1% 1% 1% -1% N/A -1% -13% -1% 0% -1% -3% -2% -2% -4% -13% -1% -2% N/A
1 2 283 80 53 450 14 9 508 4 N/A 52 34 383 240 7 6 24 170 82 96 191 212 235 13 27 134 35 82
$810,000 $935,000 $1,220,000 $1,230,000 $1,420,000 $2,504,347 $1,550,000 $1,790,000 $2,200,000 $770,000 N/A $1,450,000 $1,220,000 $1,320,000 $1,458,888 $975,000 $839,000 $1,170,000 $1,262,000 $1,095,000 $1,975,000 $2,485,000 $1,325,800 $2,260,000 $1,195,000 $1,520,000 $1,950,000 $1,400,000 $1,695,000
WAIKATO COROMANDEL COOKS BEACH COROGLEN COROMANDEL HAHEI HIKUTAIA HOT WATER BEACH KAIMARAMA KOPU KUAOTUNU MATARANGI MATATOKI ONEMANA OPITO BAY OPOUTERE PAUANUI PURIRI TAIRUA TAPU TE KOUMA TE MATA TE PURU THAMES THORNTON BAY TUATEAWA WAIOMU WHANGAMATA WHANGAPOUA WHENUAKITE WHITIANGA
$750,000 $635,000 $565,000 $1,005,000 $707,500 $950,000 $720,000 $610,000 $795,000 $625,000 $555,000 $705,000 $1,175,000 $565,000 $785,000 $570,000 $680,000 $595,000 $775,000 $607,500 $575,000 $485,000 $700,000 $565,000 $530,000 $755,000 $890,000 $720,000 $665,000
1% 2% N/A -0% 0% -1% 5% -10% N/A 1% -7% 1% 5% N/A -1% N/A 3% 3% 3% 1% 5% 1% 3% 6% 1% 4% 1% 3% 2%
8% 17% N/A 7% 17% 8% 15% -1% 18% 8% 4% 4% 5% 1% 8% 2% 1% 14% 5% 8% 6% -2% 7% 14% 5% 9% N/A N/A 7%
31 1 53 14 8 2 6 2 6 44 N/A 11 6 3 105 3 52 4 3 3 7 146 10 4 11 215 11 3 231
$3,000,000 $619,000 $1,705,000 $1,975,000 $930,000 $2,000,000 $1,339,000 $500,000 $950,000 $1,650,000 N/A $5,500,000 $1,450,000 $520,000 $3,637,500 $785,000 $1,775,000 $1,775,000 $920,000 $725,000 $810,000 $1,575,000 $1,100,000 $545,000 $742,000 $4,200,000 $2,900,000 $3,270,000 $2,060,000
15
BIG PR GEST I 12 CE INSALE MO LA NTH ST S
TOT OF AL NU IN SALESMBER L MOAST 1 NTH 2 S
0% 3% 3% -2% -1% 1% 1% -1% 1% 1% 1% 1% -1% 2% 2% 1% 1% 6% 1% -1% 1% 2% 1% 0% 1% -1% 0% 0% 0% 5% 2% 1% 2% -0% 1% 1% 1% 2% 1% -1% 2% 1%
8% N/A 7% 12% 6% 6% 6% 8% 6% 9% 7% 8% 6% 6% 7% 9% 5% -3% 5% 8% 5% 7% 4% 5% 3% 5% 7% 7% -4% -7% 8% 3% 4% 11% 5% 6% 6% 4% 8% 9% 4% 12%
45 13 48 3 212 23 56 28 194 68 134 64 47 264 56 172 119 11 50 66 272 47 16 131 145 50 122 221 10 11 91 41 17 8 85 104 3 117 31 17 22 39
$605,000 $815,000 $1,453,000 $880,000 $1,405,000 $838,000 $990,000 $612,000 $855,000 $825,000 $1,560,000 $680,000 $870,000 $1,972,000 $815,000 $2,260,000 $850,000 $1,550,000 $972,500 $1,140,000 $1,500,000 $1,450,000 $1,700,000 $1,210,000 $1,250,000 $770,000 $1,600,000 $860,000 $2,425,000 $1,280,000 $1,350,000 $1,020,000 $950,000 $1,860,000 $1,375,000 $1,110,000 $735,000 $1,820,000 $859,000 $1,780,000 $902,000 $805,000
HAURAKI KAIAUA KAIHERE KARANGAHAKE KEREPEHI MANGATARATA NGATEA PAEROA PIPIROA TURUA WAIHI WAIHI BEACH WAIKINO WAITAKARURU WHAKATIWAI WHIRITOA
$600,000 N/A $520,000 $360,000 N/A $480,000 $395,000 $660,000 $470,000 $430,000 $825,000 $685,000 N/A $770,000 $595,000
N/A N/A -9% N/A N/A -1% 1% N/A 0% 2% -2% -6% N/A N/A -2%
N/A N/A 7% N/A N/A 4% 8% N/A N/A 12% 3% 13% N/A N/A 4%
5 N/A 3 11 N/A 33 83 N/A 15 91 62 8 N/A 5 12
$676,500 N/A $775,000 $415,000 N/A $892,000 $875,000 N/A $810,000 $830,000 $1,712,000 $875,000 N/A $760,000 $790,000
MATAMATA MANAWARU MATAMATA MORRINSVILLE OKAUIA RICHMOND DOWNS TAHUNA TE AROHA TE POI WAIHOU WAITOA
$740,000 $520,000 $535,000 $852,500 N/A $470,000 $450,000 N/A $425,000 N/A
2% 0% 1% -6% N/A N/A 1% N/A 1% N/A
8% 8% 13% -6% N/A -6% 13% N/A N/A N/A
5 279 284 4 N/A 6 134 N/A 6 N/A
$723,750 $1,850,000 $1,200,000 $1,120,000 N/A $685,000 $930,000 N/A $630,000 N/A
OTOROHANGA KAWHIA OTOROHANGA
N/A $370,000
N/A 1%
N/A 14%
N/A 73
N/A $810,000
SOUTH WAIKATO ARAPUNI KINLEITH LICHFIELD PUTARURU TAPAPA TIRAU TOKOROA
$425,000 $715,000 $680,000 $345,000 $640,000 $420,000 $255,000
2% N/A N/A -1% 0% 1% 2%
20% N/A 11% 13% 8% 9% 24%
6 N/A 8 110 2 37 343
$450,000 N/A $780,000 $1,250,000 $855,000 $820,000 $700,000
TAUPO ACACIA BAY BROADLANDS FOREST HATEPE HILLTOP KINLOCH KURATAU
$790,000 $685,000 $387,500 $540,000 $760,000 $480,000
1% 5% -11% -4% 3% -2%
10% 7% -1% -1% 10% 7%
51 4 N/A 77 65 37
$1,850,000 $810,000 N/A $1,510,000 $1,290,000 $840,000
HAMILTON BADER BAVERSTOCK BEERESCOURT BURBUSH CHARTWELL CHEDWORTH CLAUDELANDS DEANWELL DINSDALE ENDERLEY FAIRFIELD FAIRVIEW DOWNS FITZROY FLAGSTAFF FOREST LAKE FRANKTON GLENVIEW GORDONTON GRANDVIEW HEIGHTS HAMILTON CENTRAL HAMILTON EAST HAMILTON LAKE HARROWFIELD HILLCREST HUNTINGTON MAEROA MELVILLE NAWTON NEWSTEAD PUKETAHA PUKETE QUEENWOOD RIVERLEA ROTOKAURI ROTOTUNA ROTOTUNA NORTH RUAKURA SAINT ANDREWS SILVERDALE TEMPLE VIEW WESTERN HEIGHTS WHITIORA
LAT MEEST $ VDIAN ALU E $425,000 $747,500 $650,000 $985,000 $585,000 $680,000 $555,000 $495,000 $540,000 $425,000 $505,000 $555,000 $580,000 $825,000 $555,000 $445,000 $560,000 $845,000 $685,000 $565,000 $540,000 $655,000 $830,000 $600,000 $800,000 $520,000 $490,000 $470,000 $1,070,000 $1,020,000 $595,000 $705,000 $680,000 $1,195,000 $770,000 $795,000 $680,000 $575,000 $555,000 $602,500 $747,500 $475,000
UR B
12 % C-MON HA TH NG E
$870,000 N/A $565,000 $1,325,000 $600,000 $1,100,000 $910,000 $1,710,000 $1,150,000 N/A $1,075,000 $760,000 $1,000,000 $745,000 $780,000 $1,482,500 $1,290,000 $985,000 $925,000 $1,115,000 $890,000 $1,170,000 $1,570,000 $1,570,000 $897,500 $835,000 $580,000 $765,000 $1,360,000
QU % CARTER HA NG E
OREWA PAKIRI PARAKAI POINT WELLS PORT ALBERT PUHOI RED BEACH REDVALE RIVERHEAD SHELLY BEACH SILVERDALE SNELLS BEACH SOUTH HEAD STANMORE BAY STILLWATER TAUPAKI TAWHARANUI PENINSULA TE ARAI TI POINT TINDALLS BEACH TOMARATA WAIMAUKU WAINUI WAITOKI WAIWERA WARKWORTH WELLSFORD WHANGARIPO WHANGATEAU
SUB
BIG PR GEST I 12 CE INSALE MO LA NTH ST S
TOT OF AL NU IN SALESMBER L MOAST 1 NTH 2 S
12 % C-MON HA TH NG E
QU % CARTER HA NG E
LAT MEEST $ VDIAN ALU E
SUB
UR B
OneRoof.co.nz
3% N/A -6% 1% 0% -2% -1% 6% 1% 4% 1% 0% -1% 1% 5% 1% -1% 2% 3% 2% -6% -1% 3% -4% 2% 5% -1% -4% 0% -3% 0% 0% -0% -5% N/A
5% N/A 5% -3% -5% -2% 2% -5% 9% 6% -3% -5% -4% 4% 8% 8% 2% -9% 7% 3% -4% 6% 5% -3% 7% 17% -2% N/A 6% 0% 5% 2% N/A 0% N/A
3 N/A 2 8 N/A 1 13 8 176 6 14 1 7 13 3 167 17 3 9 167 25 14 107 5 84 22 15 N/A 53 N/A 31 120 7 25 N/A
$875,000 N/A $830,000 $1,100,000 N/A $500,000 $1,545,000 $2,820,000 $1,200,000 $1,245,000 $1,150,000 $700,000 $1,030,000 $405,000 $1,300,000 $1,500,000 $1,266,145 $780,000 $1,280,000 $1,100,000 $1,210,000 $2,870,000 $2,500,000 $1,900,000 $2,750,000 $1,440,000 $1,450,000 N/A $1,200,000 N/A $3,100,000 $1,333,000 $788,000 $1,320,000 N/A
WAIPA CAMBRIDGE KARAPIRO KIHIKIHI LEAMINGTON NGAHINAPOURI OHAUPO PIRONGIA ROTOORANGI RUKUHIA TE AWAMUTU TE MIRO TE PAHU
$785,000 $1,045,000 $475,000 $630,000 $920,000 $867,500 $705,000 $865,000 $965,000 $510,000 $877,500 $735,000
1% -4% 1% 1% 0% -3% -3% 3% 4% 1% -5% 7%
6% 7% 12% 5% 7% 3% 3% -4% 8% 5% 6% 8%
317 11 64 230 21 46 34 10 22 376 5 5
$3,700,000 $1,710,000 $955,000 $1,300,000 $1,250,000 $1,500,000 $1,050,000 $1,650,000 $1,290,000 $1,530,000 $1,520,000 $850,000
N/A N/A N/A $210,000 $270,000
N/A N/A N/A -2% 4%
N/A N/A N/A 17% 15%
N/A N/A N/A 11 123
N/A N/A N/A $280,000 $880,000
SUB WAITOMO AWAKINO MAROKOPA MOKAU PIOPIO TE KUITI
BAY OF PLENTY BAY OF PLENTY AONGATETE ATHENREE HAURAKI SURROUNDS KAIMAI KATIKATI MAKETU OMOKOROA OROPI PAENGAROA PONGAKAWA PUKEHINA TE PUKE TE PUNA
$850,000 $715,000 $840,000 $917,500 $550,000 $510,000 $775,000 $1,060,000 $615,000 $580,000 $755,000 $520,000 $1,115,000
-1% 1% 4% -5% 1% 2% -3% -3% -1% 10% -2% -1% -3%
-7% 9% 14% 3% 2% 13% 2% 11% 5% N/A 7% 6% -6%
32 27 63 27 141 10 116 34 19 5 50 177 14
$1,560,000 $1,650,000 $2,925,000 $1,500,000 $1,588,000 $1,530,000 $1,822,500 $1,750,000 $1,600,000 $615,000 $1,425,000 $2,400,000 $1,800,000
BIG PR GEST I 12 CE INSALE MO LA NTH ST S
$805,000 N/A $812,500 $920,000 $667,500 $630,000 $597,500 $1,295,000 $370,000 $855,000 $947,500 $710,000 $620,000 $342,500 $915,000 $455,000 $745,000 $635,000 $892,500 $745,000 $845,000 $1,065,000 $720,000 $812,500 $1,320,000 $740,000 $917,500 $405,000 $600,000 $755,000 $1,025,000 $575,000 $742,500 $900,000 N/A
TOT OF AL NU IN SALESMBER L MOAST 1 NTH 2 S
WAIKATO AKA AKA BUCKLAND CHURCHILL EUREKA GLEN MASSEY GLEN MURRAY HOROTIU HORSHAM DOWNS HUNTLY MANGATANGI MANGATAWHIRI MARAMARUA MERCER MEREMERE MIRANDA NGARUAWAHIA ONEWHERO ORINI OTAUA POKENO PUKEKAWA PUKEMOREMORE RAGLAN RANGIRIRI TAMAHERE TAUPIRI TAUWHARE TE AKAU TE KAUWHATA TE KOHANGA TE KOWHAI TUAKAU WAERENGA WHATAWHATA WHITIKAHU
12 % C-MON HA TH NG E
$1,480,000 $496,000 N/A $920,000 $1,150,000 $525,000 $950,000 $642,500 $1,775,000 $795,000 $610,000 $2,275,000 N/A $875,500 $1,550,000 $980,000 $1,500,000 $2,000,000
QU % CARTER HA NG E
10 53 N/A 19 122 10 5 5 43 60 46 229 N/A 113 52 26 9 25
$1,095,000 $970,000
-6% -3%
-4% -2%
10 72
$1,575,000 $3,000,000
KAWERAU KAWERAU
$295,000
7%
23%
157
$617,000
OPOTIKI OPOTIKI & SURROUNDS OPOTIKI COASTAL TE KAHA WAIHAU BAY
$335,000 $400,000 $320,000 $470,000
5% N/A N/A N/A
3% N/A N/A N/A
86 22 9 2
$1,525,000 $855,000 $881,000 $775,000
ROTORUA FAIRY SPRINGS FENTON PARK FORDLANDS GLENHOLME HAMURANA HANNAHS BAY HILLCREST HOLDENS BAY HOROHORO KAWAHA POINT KOUTU LAKE OKAREKA LAKE ROTOMA LAKE TARAWERA LYNMORE MAMAKU MANGAKAKAHI MOUREA NGAKURU NGAPUNA NGONGOTAHA OHINEMUTU OKERE FALLS OWHATA PUKEHANGI REPOROA & SURROUNDS REREWHAKAAITU ROTOITI FOREST ROTORUA CENTRAL SELWYN HEIGHTS SPRINGFIELD TIHIOTONGA TIKITERE UTUHINA VICTORIA WAIKITE VALLEY WESTBROOK WESTERN HEIGHTS WHAKAREWAREWA
$410,000 $407,500 $230,000 $540,000 $860,000 $370,000 $465,000 $440,000 $685,000 $545,000 $345,000 $875,000 $390,000 $930,000 $720,000 $270,000 $385,000 $432,500 $670,000 $310,000 $450,000 $440,000 $630,000 $465,000 $440,000 $490,000 N/A $517,500 $390,000 $390,000 $605,000 $715,000 $1,005,000 $440,000 $425,000 $710,000 $525,000 $350,000 $375,000
0% 2% 2% 3% 1% 1% 2% 2% 6% 2% 0% 3% 1% 4% 2% -8% 0% N/A 6% 0% 2% 0% 4% 2% 2% -4% N/A 4% 3% 3% 3% 1% 9% 1% 1% 8% 2% 1% 3%
9% 8% 10% 10% 4% 7% 8% 10% 13% 10% 11% 7% 8% 8% 13% 13% 10% 7% 15% 17% 11% 9% 10% 11% 10% -1% N/A 9% 13% 7% 7% 8% 7% 6% 13% 12% 7% 6% 12%
41 27 25 101 39 5 25 11 1 42 31 13 9 11 62 16 70 7 5 2 96 N/A 3 132 98 8 N/A 5 14 18 69 10 14 28 36 5 85 85 2
$529,000 $575,000 $345,000 $1,100,000 $2,150,000 $510,000 $596,000 $590,000 $430,000 $1,200,000 $850,000 $2,200,000 $557,000 $1,300,000 $1,018,000 $427,500 $675,000 $1,350,000 $815,000 $310,000 $1,357,500 N/A $1,450,000 $1,000,000 $1,040,000 $630,000 N/A $705,000 $712,500 $451,000 $905,000 $1,700,000 $1,750,000 $605,000 $840,000 $695,000 $1,650,000 $920,000 $415,366
TAURANGA BELLEVUE BETHLEHEM BROOKFIELD GATE PA GREERTON HAIRINI JUDEA MATAPIHI MATUA MAUNGATAPU MOUNT MAUNGANUI OHAUITI OTUMOETAI PAPAMOA PARKVALE POIKE PYES PA TAURANGA CENTRAL TAURANGA SOUTH TAURIKO WELCOME BAY
$550,000 $805,000 $575,000 $500,000 $540,000 $545,000 $530,000 $712,500 $740,000 $630,000 $775,000 $775,000 $705,000 $715,000 $475,000 $475,000 $750,000 $670,000 $605,000 $1,310,000 $630,000
1% 1% 1% 2% 1% 2% 2% -2% 0% 2% 1% 0% 1% 1% 0% 0% 0% -2% 2% 1% 1%
5% 3% 4% 6% 5% 5% 6% -1% 2% 7% 5% 2% 4% 4% 7% 8% 3% 0% 4% 1% 5%
96 172 125 122 110 50 71 1 139 61 522 98 171 790 39 23 344 54 116 24 247
$970,000 $2,275,000 $1,100,000 $765,000 $1,310,000 $872,500 $970,000 $901,000 $2,500,000 $1,180,000 $6,000,000 $3,000,000 $3,500,000 $2,760,000 $620,000 $740,000 $4,850,000 $2,130,000 $2,300,000 $2,875,000 $1,700,000
$682,500 $375,000 $590,000 $480,000 $105,000 $345,000 $765,000 $690,000 $730,000 $180,000 $632,500 $882,500 $460,000
-0% 3% 3% 0% 11% N/A 0% 3% 7% 3% -1% 4% 0%
7% 10% 13% 10% 50% N/A 6% 1% 3% N/A 2% 13% 7%
21 41 2 16 22 1 85 14 7 14 9 9 299
$972,500 $927,000 $840,000 $1,025,000 $170,500 $176,500 $1,900,000 $905,000 $770,000 $1,001,000 $875,000 $950,000 $1,255,000
WAIROA WHAKAMARAMA
WHAKATANE COASTLANDS EDGECUMBE MANAWAHE MATATA MURUPARA MURUPARA SURROUNDS OHOPE OTAKIRI ROTOMA TANEATUA TE TEKO THORNTON WHAKATANE
LAT MEEST $ VDIAN ALU E
10% 28% N/A 5% 7% 3% 7% 8% 2% 6% 12% 4% 11% 13% 7% 15% N/A 4%
UR B
2% 4% N/A 1% 2% -2% 4% -4% 2% 1% 3% 0% 8% 2% 4% 4% 0% 1%
LAKE TAUPO (EAST) MANGAKINO MAUNGANAMU MOTUOAPA NUKUHAU OMORI ORUANUI PUKAWA RANGATIRA PARK RICHMOND HEIGHTS TAUHARA TAUPO TOKAANU TURANGI WAIPAHIHI WAIRAKEI & SURROUNDS WAITAHANUI WHAREWAKA
SUB
BIG PR GEST I 12 CE INSALE MO LA NTH ST S
12 % C-MON HA TH NG E
$505,000 $255,000 N/A $495,000 $565,000 $450,000 $805,000 $500,000 $630,000 $505,000 $375,000 $485,000 $287,500 $260,000 $700,000 $665,000 $550,000 $765,000
UR B
QU % CARTER HA NG E
TOT OF AL NU IN SALESMBER L MOAST 1 NTH 2 S
OneRoof.co.nz
LAT MEEST $ VDIAN ALU E
16
3% 4% 2% -2% 1% 5% 3% 3% 1% -1% 0% -2% 3% 2% 3% 0% 5% 2% 4% 1% 1% 1% -3% N/A 3% 3% 2% -1% N/A N/A 2% 0% -1% 3% 2% 0%
7% 10% 6% N/A 4% 12% 5% 7% 8% -5% 2% -2% 8% 2% 7% 1% 7% 5% 9% 5% 6% 9% -2% N/A 12% 6% 6% -4% N/A N/A 6% 9% 1% 7% 6% 4%
146 31 13 9 19 34 65 20 38 7 19 17 113 16 31 1 27 89 43 117 20 21 5 N/A 59 63 29 3 N/A 6 41 97 20 53 146 58
$1,900,000 $750,000 $790,000 $1,020,000 $890,000 $2,010,226 $885,000 $799,000 $1,150,000 $2,050,000 $790,000 $1,107,500 $1,300,000 $1,100,000 $1,065,000 $860,000 $480,000 $1,100,000 $630,000 $2,060,000 $2,050,000 $495,000 $1,650,000 N/A $642,500 $1,900,000 $1,350,000 $720,000 N/A $1,100,000 $639,500 $765,000 $1,010,000 $807,500 $910,000 $850,000
$225,000 $295,000 N/A $170,000 $255,000 $270,000 $135,000 $170,000
2% 2% N/A 3% 11% 6% 0% 0%
10% 13% N/A 17% 42% 23% 8% 31%
67 326 N/A 19 32 50 21 39
$500,000 $890,000 N/A $337,500 $610,000 $441,000 $215,000 $305,000
$307,500 $310,000
-2% 5%
N/A 13%
9 170
$485,000 $1,475,000
MANAWATU-WHANGANUI HOROWHENUA FOXTON FOXTON BEACH HOKIO BEACH LEVIN MANAKAU OHAU SHANNON TOKOMARU WAITARERE BEACH
$295,000 $370,000 $335,000 $365,000 $570,000 $655,000 $290,000 $405,000 $390,000
4% -1% 6% 0% 3% 0% 4% N/A -3%
18% 14% N/A 18% 16% 16% 18% N/A 15%
76 95 6 549 22 21 35 13 48
$590,000 $1,036,000 $560,000 $1,250,000 $1,210,000 $960,000 $870,000 $700,000 $1,150,000
MANAWATU FEILDING HALCOMBE HIMATANGI BEACH KAIRANGA NEWBURY POHANGINA RONGOTEA SANSON TANGIMOANA TIAKITAHUNA
$425,000 $590,000 $335,000 $760,000 $755,000 $612,500 $465,000 $355,000 $220,000 N/A
4% N/A -6% 2% 6% 2% N/A 1% 0% N/A
16% 8% 12% 12% 12% 11% N/A 22% 10% N/A
423 16 21 6 9 8 18 18 10 N/A
$952,500 $802,000 $550,000 $1,400,000 $1,242,000 $705,425 $880,000 $1,510,000 $400,000 N/A
PALMERSTON NORTH AOKAUTERE ASHHURST AWAPUNI CLOVERLEA FITZHERBERT HIGHBURY HOKOWHITU KELVIN GROVE LINTON MILSON PALMERSTON NORTH CTRL ROSLYN TAKARO TERRACE END TURITEA
$780,000 $457,500 $445,000 $410,000 $675,000 $370,000 $560,000 $575,000 $685,000 $445,000 $450,000 $380,000 $405,000 $455,000 $895,000
4% 8% 5% 4% 2% 3% 3% 2% 9% 3% 3% 3% 4% 5% 9%
10% 20% 16% 17% 11% 17% 14% 12% 15% 16% 15% 18% 17% 15% 15%
14 89 208 49 87 131 211 177 18 144 136 130 122 120 5
$1,325,000 $950,000 $975,000 $535,000 $1,350,000 $617,000 $1,550,000 $1,200,000 $860,000 $740,000 $835,000 $860,000 $575,000 $950,000 $945,000
17
BIG PR GEST I 12 CE INSALE MO LA NTH ST S
TOT OF AL NU IN SALESMBER L MOAST 1 NTH 2 S
WEST END WESTBROOK WHAKARONGO
$420,000 $375,000 $650,000
2% 7% 1%
15% 23% 10%
121 36 5
$850,000 $760,000 $1,020,000
RANGITIKEI BULLS HUNTERVILLE KOITIATA MARTON PAREWANUI TAIHAPE & SURROUNDS
$295,000 N/A $255,000 $285,000 N/A $200,000
4% N/A -15% 6% N/A 3%
13% N/A -4% 16% N/A 38%
36 N/A 5 176 N/A 43
$600,000 N/A $350,000 $806,050 N/A $450,000
RUAPEHU KAKAHI MANUNUI NATIONAL PARK OHAKUNE OWHANGO RAETIHI TAUMARUNUI
N/A $205,000 $222,500 $355,000 $190,000 $190,000 $190,000
N/A N/A N/A 1% N/A 31% 0%
N/A N/A N/A 29% N/A 41% 23%
N/A 12 10 94 13 23 117
N/A $607,500 $570,000 $820,000 $580,500 $490,000 $535,000
TARARUA DANNEVIRKE EKETAHUNA ORMONDVILLE PAHIATUA WOODVILLE
$270,000 N/A $345,000 $265,000 $235,000
2% N/A -4% 4% 4%
23% N/A 7% 23% 24%
196 N/A 2 115 42
$750,000 N/A $350,000 $675,000 $420,000
WHANGANUI ARAMOHO BASTIA HILL BRUNSWICK CASTLECLIFF COLLEGE ESTATE DURIE HILL FORDELL GONVILLE KAI IWI KAITOKE MARYBANK OKOIA OTAMATEA PUTIKI SAINT JOHNS HILL SPRINGVALE TAWHERO WANGANUI CENTRAL WANGANUI EAST WESTMERE
$270,000 $395,000 $647,500 $230,000 $380,000 $360,000 $560,000 $260,000 $530,000 $627,500 $445,000 $555,000 $585,000 $360,000 $445,000 $375,000 $325,000 $250,000 $285,000 $647,500
2% 7% 0% 5% 4% 7% N/A 2% 1% N/A 11% N/A -1% 4% 1% 1% 3% 2% 6% 4%
17% 16% 9% 28% 17% 18% 23% 27% 20% 20% 27% 19% 14% 26% 16% 15% 16% 28% 21% 15%
97 20 6 147 32 41 2 131 8 N/A 1 11 34 8 58 124 53 136 182 15
$488,000 $622,500 $1,100,000 $765,000 $905,000 $1,100,000 $660,000 $611,000 $950,000 N/A $452,100 $1,040,000 $915,000 $600,000 $900,000 $600,000 $910,000 $695,000 $701,165 $835,000
UR B
12 % C-MON HA TH NG E
SOUTH TARANAKI ELTHAM HAWERA KAPONGA MANAIA NORMANBY OPUNAKE PATEA WAVERLEY STRATFORD MIDHIRST STRATFORD
$460,000 $390,000 $425,000 $537,500 $430,000 $545,000 $455,000 $500,000 $610,000 $805,000 $480,000 $765,000 $405,000 $615,000 $445,000 $660,000 $305,000 $515,000 $440,000 $525,000 $770,000 $370,000 $730,000 N/A $375,000 $560,000 $620,000 $772,500 N/A $725,000 $415,000 $315,000 $780,000 $455,000 $415,000 $530,000
QU % CARTER HA NG E
NEW PLYMOUTH BELL BLOCK BLAGDON BROOKLANDS EGMONT VILLAGE FERNDALE FITZROY FRANKLEIGH PARK GLEN AVON HIGHLANDS PARK HILLSBOROUGH HURDON HURWORTH INGLEWOOD LEPPERTON LYNMOUTH MANGOREI MARFELL MERRILANDS MOTUROA NEW PLYMOUTH CENTRAL OAKURA OKATO OMATA ONAERO SPOTSWOOD STRANDON STRATFORD SURROUNDS TARURUTANGI TIKORANGI URENUI VOGELTOWN WAITARA WAIWHAKAIHO WELBOURN WESTOWN WHALERS GATE
LAT MEEST $ VDIAN ALU E
TARANAKI
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BIG PR GEST I 12 CE INSALE MO LA NTH ST S
TOT OF AL NU IN SALESMBER L MOAST 1 NTH 2 S
12 % C-MON HA TH NG E
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LAT MEEST $ VDIAN ALU E
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GISBORNE / HAWKE’S BAY GISBORNE AWAPUNI ELGIN GISBORNE HEXTON INNER KAITI KAITI LYTTON WEST MAKARAKA MANGAPAPA MATAWHERO MATOKITOKI OKITU ORMOND OUTER KAITI PATUTAHI RIVERDALE TAMARAU TE HAPARA TOLAGA BAY WAINUI WHATAUPOKO
$407,500 $290,000 $375,000 $865,000 $435,000 $285,000 $632,500 $495,000 $380,000 $810,000 $772,500 $812,500 $682,500 $245,000 $657,500 $445,000 $315,000 $350,000 $195,000 $945,000 $510,000
3% 7% 6% -5% 5% 2% 0% 5% 4% -4% -4% 6% -6% 7% 2% 5% 7% 4% 8% 7% 4%
16% 23% 25% 17% 23% 27% 10% 19% 27% 18% 17% 16% 12% 20% N/A 19% 24% 17% N/A 17% 20%
12 38 36 3 36 52 22 6 106 3 2 18 5 56 2 21 12 121 8 25 101
$1,900,000 $420,000 $820,000 $1,250,000 $730,000 $665,000 $975,000 $654,000 $1,080,000 $800,000 $772,500 $1,350,000 $715,000 $995,000 $630,000 $1,300,000 $430,000 $695,000 $315,000 $1,550,000 $900,000
HASTINGS AKINA BRIDGE PA CAMBERLEY CLIVE CROWNTHORPE ESKDALE FERNHILL FLAXMERE FRIMLEY HASTINGS HASTINGS COUNTRY HAUMOANA HAVELOCK NORTH KARAMU LONGLANDS MAHORA MARAEKAKAHO MAYFAIR
$435,000 $435,000 $285,000 $550,000 $805,000 $807,500 N/A $320,000 $555,000 $415,000 $485,000 $525,000 $720,000 N/A $747,500 $500,000 $830,000 $435,000
1% N/A -3% -4% 3% 8% N/A 7% -7% 5% 4% 1% -1% N/A 1% 1% 5% 2%
10% N/A 12% -4% 13% 21% N/A 25% N/A 9% 5% 6% N/A N/A 15% 16% 8% 7%
99 1 34 26 4 19 N/A 151 78 82 5 19 345 N/A 8 93 7 88
$765,000 $1,650,000 $742,000 $1,039,000 $1,005,000 $1,175,000 N/A $452,000 $1,260,000 $805,000 $1,200,000 $1,400,000 $3,050,000 N/A $840,000 $970,000 $950,000 $685,000
N/A N/A N/A 13% N/A 2% 10% 10% 13% 48% N/A 12% 13% N/A N/A
N/A N/A N/A 100 N/A 11 82 49 3 2 N/A 3 9 2 13
N/A N/A N/A $710,000 N/A $2,135,000 $715,000 $650,000 $809,000 $655,000 N/A $1,055,009 $1,550,000 $875,000 $515,000
HAWKE’S BAY CTRL HAWKES BAY CNTRY OTANE PORANGAHAU RANGITIKEI SURROUNDS TAKAPAU WAIPAWA
$560,000 $390,000 $290,000 $460,000 $215,000 $345,000
-1% 7% N/A 2% 5% 3%
18% 22% N/A N/A 23% 13%
3 19 5 11 16 50
$540,000 $940,000 $330,000 $615,000 $565,000 $775,000
NAPIER AHURIRI AWATOTO BAY VIEW CTRLHAWKESBAYCOASTAL GREENMEADOWS JERVOISTOWN MARAENUI MAREWA MEEANEE NAPIER HILL NAPIER SOUTH ONEKAWA PANDORA PIRIMAI PORAITI TAMATEA TARADALE TE AWA WESTSHORE
$722,500 $700,000 $690,000 $765,000 $590,000 $710,000 $310,000 $430,000 $755,000 $715,000 $505,000 $450,000 $600,000 $490,000 $830,000 $490,000 $605,000 $635,000 $720,000
2% 2% 1% 2% 3% 2% -3% 4% N/A 3% 5% 1% 4% 3% 2% 3% 3% 5% 0%
10% 6% 7% 9% 9% 9% 17% 13% 7% 10% 11% 8% 14% 11% 6% 9% 9% 30% 7%
32 20 35 80 127 13 53 133 6 58 110 108 5 84 49 120 275 40 29
$1,850,000 $840,000 $1,375,000 $2,400,000 $1,270,000 $1,198,000 $730,000 $859,200 $1,331,500 $1,563,000 $1,188,000 $650,000 $640,000 $650,000 $1,565,000 $901,100 $1,810,000 $785,000 $2,400,000
WAIROA MAHIA WAIROA WAIROA COUNTRY
$495,000 $170,000 N/A
N/A 0% N/A
16% 36% N/A
8 63 N/A
$685,000 $440,000 N/A
$692,500 $475,000 $450,000 $550,000 $570,000 $615,000 $987,500 $625,000 $630,000 $927,500 $625,000 $685,000 $440,000
3% 2% 3% -14% 4% 1% -2% 2% 4% 4% 1% 0% 0%
7% 8% 13% -10% 10% 4% N/A 8% 9% 8% 6% 5% 5%
19 132 51 12 196 216 9 108 60 16 247 96 5
$1,400,000 $1,300,000 $675,000 $1,149,000 $1,380,000 $1,155,000 $1,500,000 $2,360,000 $1,475,000 $1,450,000 $1,610,329 $1,715,000 $625,000
$695,000 $600,000 $695,000 $690,000 $940,000 $890,000 $660,000 $652,500 $720,000 $640,000 $770,000 $835,000 $1,187,500 $877,500 $707,500 $710,000 $485,000 $560,000 $495,000 $690,000 $740,000 $880,000 $490,000 $490,000 $755,000 $465,000
0% 3% 4% 0% -1% 2% 2% 1% 3% 2% 7% 2% -3% 2% 3% 2% 9% 0% 5% 1% 1% 2% 0% 5% 1% 4%
4% 10% 9% 5% 5% 9% 7% 9% 13% 9% 15% 7% 3% 6% 6% 10% 17% 8% 14% 10% 3% 9% 8% 17% 7% 16%
37 65 50 53 15 52 34 35 20 46 18 55 14 N/A N/A 56 8 20 128 24 132 6 220 71 18 347
$932,200 $1,001,001 $1,325,000 $1,585,000 $2,900,000 $1,600,000 $990,000 $889,000 $1,260,000 $1,080,000 $998,000 $1,560,000 $2,850,000 N/A N/A $2,200,000 $770,000 $722,880 $805,050 $1,299,995 $1,260,000 $1,495,000 $920,000 $720,000 $1,380,000 $965,000
GREATER WELLINGTON KAPITI COAST OTAIHANGA OTAKI OTAKI BEACH PAEKAKARIKI PARAPARAUMU PARAPARAUMU BEACH PEKA PEKA RAUMATI BEACH RAUMATI SOUTH TE HORO WAIKANAE WAIKANAE BEACH WAIKAWA BEACH LOWER HUTT ALICETOWN AVALON BELMONT BOULCOTT DAYS BAY EASTBOURNE EPUNI FAIRFIELD HARBOUR VIEW KELSON KOROKORO LOWER HUTT LOWRY BAY MAHINA BAY MANOR PARK MAUNGARAKI MELLING MOERA NAENAE NORMANDALE PETONE POINT HOWARD STOKES VALLEY TAITA TIROHANGA WAINUIOMATA
BIG PR GEST I 12 CE INSALE MO LA NTH ST S
TOT OF AL NU IN SALESMBER L MOAST 1 NTH 2 S
WAIWHETU WATERLOO WOBURN YORK BAY
$620,000 $695,000 $910,000 $835,000
1% 1% 1% 2%
9% 7% 6% 8%
52 75 59 3
$980,000 $1,300,500 $1,800,000 $1,001,000
MASTERTON CARTERTON CASTLEPOINT MASTERTON MATAHIWI MATAIKONA OPAKI RIVERSDALE BEACH SOLWAY TE WHITI TINUI UPPER PLAIN
$455,000 $545,000 $380,000 $750,000 $350,000 $750,000 $500,000 $385,000 $705,000 $350,000 $785,000
1% 1% 1% 1% 3% 3% N/A 3% -1% -3% -2%
12% 3% 10% 11% 6% 9% N/A 10% -1% 4% 8%
216 5 444 2 5 16 11 121 3 4 13
$1,800,000 $760,000 $1,375,000 $650,000 $462,500 $1,397,000 $1,130,000 $710,000 $1,230,000 $400,000 $1,000,000
$930,000 $490,000 $755,000 $425,000 $480,000 $1,275,000 $735,000 $750,000 $1,545,000 $805,000 $455,000 $675,000 $460,000 $550,000 $410,000 $745,000
2% 7% 1% -2% 4% 3% 2% 2% N/A 2% 2% -1% 3% 4% 1% 1%
7% 13% 2% 16% 10% 18% 6% 6% 14% 3% 2% 6% 10% 11% 12% 6%
61 25 29 39 7 4 35 44 2 30 37 29 11 112 12 231
$1,321,000 $661,000 $1,310,000 $545,000 $676,000 $1,700,000 $935,000 $1,700,000 $1,450,000 $2,300,000 $700,500 $1,020,000 $700,000 $1,110,000 $550,000 $1,550,000
SOUTH WAIRARAPA CAPE PALLISER FEATHERSTON GREYTOWN LAKE FERRY MARTINBOROUGH PIRINOA
N/A $400,000 $620,000 N/A $570,000 N/A
N/A 3% 2% N/A 4% N/A
N/A 16% 12% N/A 7% N/A
N/A 90 84 N/A 64 N/A
N/A $930,000 $1,610,000 N/A $1,790,000 N/A
UPPER HUTT AKATARAWA BIRCHVILLE BLUE MOUNTAINS BROWN OWL CLOUSTON PARK EBDENTOWN ELDERSLEA HERETAUNGA KAITOKE KINGSLEY HEIGHTS MANGAROA MAORIBANK MAYMORN MOONSHINE VALLEY PINEHAVEN RIVERSTONE TERRACES SILVERSTREAM TE MARUA TIMBERLEA TOTARA PARK TRENTHAM UPPER HUTT WALLACEVILLE WHITEMANS VALLEY
N/A $510,000 $655,000 $620,000 $545,000 $565,000 $585,000 $645,000 $845,000 $695,000 $1,065,000 $510,000 $890,000 $957,500 $610,000 $765,000 $685,000 $565,000 $460,000 $535,000 $570,000 $560,000 $550,000 $990,000
N/A 3% 0% 2% 5% 4% 3% 2% 6% 1% -3% 4% 1% 2% 2% 0% 3% 6% 7% 4% 4% 5% 6% -3%
N/A 12% 10% 11% 12% 17% 17% 13% 11% 9% 11% 12% 9% 32% 8% 6% 11% 15% 19% 11% 16% 15% 17% 14%
N/A 54 9 38 53 58 46 33 7 11 2 22 6 2 30 35 69 13 26 60 176 3 51 16
N/A $1,359,000 $1,425,000 $771,500 $750,000 $818,000 $720,000 $1,640,000 $1,196,000 $970,000 $1,500,000 $760,000 $1,537,000 $1,250,000 $748,300 $985,000 $1,510,000 $730,000 $1,125,000 $790,000 $920,000 $500,000 $800,000 $1,600,000
WELLINGTON ARO VALLEY BERHAMPORE BREAKER BAY BROADMEADOWS BROOKLYN CHURTON PARK CROFTON DOWNS GLENSIDE GRENADA NORTH GRENADA VILLAGE HATAITAI HIGHBURY HOUGHTON BAY ISLAND BAY JOHNSONVILLE KAIWHARAWHARA KARAKA BAYS KARORI KELBURN KHANDALLAH KILBIRNIE KINGSTON
$800,000 $775,000 $1,025,000 $730,000 $875,000 $865,000 $835,000 $520,000 $540,000 $800,000 $1,015,000 $950,000 $860,000 $915,000 $680,000 $1,285,000 $1,275,000 $845,000 $1,225,000 $1,030,000 $770,000 $780,000
3% 4% 4% 2% 4% 2% 3% 5% 3% 3% 8% 6% 4% 5% 1% 3% 6% 2% 5% 1% 3% 3%
8% 3% 10% 7% 7% 8% 6% 11% 13% 11% 10% 6% 6% 4% 7% 8% 7% 6% 9% 7% 7% 5%
33 58 4 29 88 134 30 8 8 32 91 7 15 107 198 1 8 218 33 169 48 17
$1,855,000 $1,125,000 $1,250,000 $1,150,000 $2,500,000 $1,526,000 $1,243,000 $693,000 $605,000 $1,100,250 $2,175,000 $1,392,500 $1,372,000 $1,721,000 $1,330,000 $1,100,000 $1,477,500 $2,400,000 $2,925,000 $2,225,000 $1,529,300 $1,070,000
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12 % C-MON HA TH NG E
N/A N/A N/A 2% N/A 4% 1% 0% 5% 18% N/A 2% 2% 1% N/A
QU % CARTER HA NG E
N/A $520,000 N/A $470,000 N/A $900,000 $445,000 $445,000 $715,000 $680,000 N/A $815,000 $930,000 $550,000 $302,500
LAT MEEST $ VDIAN ALU E
OMAHU PAKIPAKI PAKOWHAI PARKVALE POUKAWA PUKETAPU RAUREKA SAINT LEONARDS SHERENDEN TANGOIO TE AWANGA TWYFORD WAIMARAMA WAIPATU WHAKATU
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BIG PR GEST I 12 CE INSALE MO LA NTH ST S
TOT OF AL NU IN SALESMBER L MOAST 1 NTH 2 S
12 % C-MON HA TH NG E
QU % CARTER HA NG E
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LAT MEEST $ VDIAN ALU E
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18
PORIRUA AOTEA ASCOT PARK CAMBORNE CANNONS CREEK ELSDON JUDGEFORD PAPAKOWHAI PAREMATA PAUATAHANUI PLIMMERTON PORIRUA EAST PUKERUA BAY TAKAPUWAHIA TITAHI BAY WAITANGIRUA WHITBY
MARLBOROUGH ANAKIWA & SURROUNDS BLENHEIM CENTRAL BURLEIGH FAIRHALL GROVETOWN HAVELOCK ISLINGTON KENEPURU SOUND MAHAU SOUND MARLBOROUGH SOUNDS MAYFIELD OKIWI BAY PICTON PORT UNDERWOOD RAPAURA RARANGI REDWOODTOWN RENWICK RIVERLANDS RIVERSDALE SEDDON SPRING CREEK SPRINGLANDS TENNYSON INLET TUAMARINA WAIHOPAI VALLEY WAIKAWA WAIRAU VALLEY WARD WITHERLEA
$635,000 $412,500 $690,000 $1,015,000 $520,000 $445,000 $385,000 $605,000 $785,000 N/A $365,000 N/A $405,000 $455,000 $925,000 $560,000 $420,000 $455,000 $897,500 $360,000 $350,000 $395,000 $530,000 N/A $650,000 $920,000 $595,000 $685,000 $445,000 $495,000
11 184 23 6 15 35 13 12 2 N/A 52 N/A 94 2 7 4 158 68 6 26 22 12 120 N/A 2 3 43 12 3 151
$785,000 $1,460,000 $766,000 $1,465,000 $1,500,000 $835,000 $550,000 $800,000 $635,000 N/A $860,000 N/A $1,500,000 $363,000 $2,250,000 $620,000 $638,000 $1,800,000 $1,120,000 $670,000 $1,226,000 $1,200,000 $1,195,000 N/A $800,000 $1,570,000 $865,000 $965,000 $800,000 $1,050,000
NELSON ANNESBROOK ATAWHAI BEACHVILLE BISHOPDALE BRITANNIA HEIGHTS ENNER GLYNN GLENDUAN HIRA MAITAI MARYBANK MOANA MONACO NELSON CITY NELSON SOUTH STEPNEYVILLE STOKE TAHUNANUI THE BROOK THE WOOD TODDS VALLEY TOI TOI WAKAPUAKA WAKATU WASHINGTON VALLEY
$520,000 $680,000 $610,000 $590,000 $1,050,000 $650,000 $752,500 $775,000 $660,000 $710,000 $910,000 $560,000 $810,000 $510,000 $845,000 $565,000 $505,000 $540,000 $620,000 $697,500 $450,000 $915,000 $520,000 $490,000
1% 1% 2% 0% 1% 1% 4% 4% 1% 2% 2% 2% 1% 1% 2% 1% 1% 1% 1% 3% 1% 6% 0% 0%
6% 6% 7% 7% 6% 7% 8% 7% 6% 8% 6% 5% 7% 9% 6% 8% 9% 8% 8% 6% 8% 8% 6% 9%
24 57 7 21 12 35 2 5 14 20 13 24 18 107 26 329 94 36 69 7 66 2 34 41
$620,000 $1,565,000 $566,000 $840,000 $2,820,000 $1,105,000 $1,100,000 $883,000 $1,115,000 $1,190,000 $1,400,000 $909,000 $1,045,000 $1,850,000 $1,660,000 $1,150,000 $1,030,000 $995,000 $1,510,000 $1,850,000 $655,000 $1,350,000 $882,500 $719,000
TASMAN ANISEED VALLEY APPLEBY BRIGHTWATER COLLINGWOOD DOVEDALE
$875,000 $1,010,000 $670,000 $467,500 $635,000
6% 7% 2% 1% -1%
-3% -6% N/A 3% 2%
1 4 72 12 5
$1,328,000 $1,703,000 $1,800,000 $850,000 $1,250,000
$815,000 $530,000 $642,500 $770,000 $955,000 $740,000 $530,000 $760,000 $625,000 $1,030,000 $637,500 $920,000 $480,000 $500,000 $405,000 $1,045,000 $567,500 $972,500 $675,000
4% -2% N/A -8% 9% -3% 3% 7% N/A 5% 1% 2% N/A 0% 1% -1% -1% 5% 2%
2% 0% N/A 1% 4% 3% 6% N/A 3% -3% 6% -2% 4% 8% 4% 4% 2% 4% 8%
11 69 8 7 3 32 257 1 3 26 389 10 8 34 14 16 3 23 65
$1,450,000 $1,400,000 $950,000 $875,000 $1,075,000 $1,280,000 $1,200,000 $785,000 $778,000 $2,840,000 $1,730,000 $2,030,000 $670,500 $905,000 $705,000 $3,200,000 $730,000 $1,450,000 $1,550,000
BULLER CAPE FOULWIND CARTERS BEACH KARAMEA REEFTON WAIMANGAROA WESTPORT
$440,000 $300,000 $190,000 $195,000 $165,000 $205,000
0% 1% -7% 15% 3% 0%
9% 4% 10% 34% 16% 5%
N/A 10 4 38 6 119
N/A $460,000 $320,000 $358,000 $460,000 $890,000
GREY BARRYTOWN BLAKETOWN COAL CREEK COBDEN DOBSON DUNOLLIE GLADSTONE GREYMOUTH KAIATA KARORO MARSDEN MOANA / LAKE BRUNNER NGAHERE PAROA RUNANGA STILLWATER TAYLORVILLE
$367,500 $160,000 $300,000 $145,000 $150,000 $145,000 $300,000 $235,000 $235,000 $305,000 $460,000 $265,000 $175,000 $390,000 $140,000 $115,000 $115,000
-3% 0% 2% -3% 3% 7% 0% 0% 7% 0% -1% 4% 4% 0% 4% 0% 0%
5% 3% 6% 0% 7% 16% 9% 0% 4% -2% -1% 6% 11% 3% 12% 0% 0%
3 22 1 44 8 9 3 91 5 23 10 N/A 7 12 30 4 5
$422,000 $289,000 $185,000 $280,000 $170,000 $169,000 $395,000 $530,000 $299,000 $800,000 $610,000 N/A $750,000 $530,000 $250,000 $145,000 $250,000
WESTLAND FOX GLACIER FRANZ JOSEF GLACIER HAAST HOKITIKA JACKSON BAY KANIERE KUMARA OKARITO WHATAROA
$415,000 $360,000 $232,500 $270,000 $250,000 $290,000 $200,000 $305,000 $140,000
-1% 1% 0% -2% 2% -2% 8% -8% 0%
N/A N/A 8% 8% 14% N/A N/A -3% N/A
2 11 4 90 4 13 9 2 3
$330,000 $670,000 $600,000 $667,500 $390,000 $510,000 $430,000 $380,000 $310,000
ASHBURTON ALLENTON ASHBURTON ELGIN HAMPSTEAD METHVEN NETHERBY RAKAIA TINWALD
$385,000 $330,000 $645,000 $285,000 $415,000 $315,000 $335,000 $340,000
1% 0% -1% 0% 1% 2% -1% 1%
3% 3% -10% 2% 4% 5% 10% 5%
206 91 8 65 43 64 29 100
$1,100,000 $690,000 $865,000 $485,000 $665,000 $797,000 $770,000 $1,100,000
CHRISTCHURCH ADDINGTON AIDANFIELD AKAROA ARANUI AVONDALE AVONHEAD AVONSIDE BECKENHAM BELFAST BEXLEY BIRDLINGS FLAT BISHOPDALE BROMLEY BROOMFIELD BRYNDWR BURNSIDE BURWOOD CASEBROOK CASHMERE CASS BAY CHARTERIS BAY
$355,000 $650,000 $610,000 $295,000 $360,000 $550,000 $350,000 $545,000 $420,000 $250,000 $180,000 $450,000 $335,000 $450,000 $475,000 $540,000 $410,000 $485,000 $665,000 $752,500 $552,500
0% 1% 3% 4% 0% 0% 1% 2% 0% 5% 9% 1% 2% -1% 2% 2% 0% 1% 4% 3% 7%
0% -1% 3% 9% 4% 3% 1% 3% -1% -6% -8% 1% 2% 0% 1% 5% 4% 3% 3% 7% -3%
99 50 47 107 79 171 24 36 79 3 6 171 35 42 106 140 150 96 120 8 5
$610,000 $1,180,000 $1,299,000 $445,000 $523,000 $1,090,000 $510,000 $872,000 $910,000 $140,000 $481,000 $951,000 $539,000 $800,000 $1,315,000 $1,840,000 $742,000 $2,200,000 $1,610,000 $875,000 $1,400,000
HOPE KAHURANGI NATIONAL PK KAITERITERI LOWER MOUTERE MAHANA MAPUA MOTUEKA NGATIMOTI PARAPARA REDWOOD VALLEY RICHMOND RUBY BAY ST ARNAUD TAKAKA TAPAWERA TASMAN THORPE UPPER MOUTERE WAKEFIELD
19
BIG PR GEST I 12 CE INSALE MO LA NTH ST S
13% 6% N/A N/A N/A 2% 3% 12% 18% N/A 2% N/A 8% 17% 9% 7% 6% 3% 23% 1% 24% N/A 3% N/A 20% N/A 9% 8% N/A 4%
TOT OF AL NU IN SALESMBER L MOAST 1 NTH 2 S
N/A -1% 1% -6% 11% -2% -1% 1% -1% N/A -3% N/A 0% 9% -16% 2% 1% 0% 0% -3% 4% N/A 2% N/A N/A -1% 3% 0% 2% 1%
NELSON-TASMAN-MARLBOROUGH
12 % C-MON HA TH NG E
$1,545,000 $1,105,000 $1,070,000 $1,630,000 $1,065,000 $1,640,000 $4,300,000 $1,303,000 $1,540,000 $1,650,000 $1,505,000 $1,725,000 $4,250,000 $995,000 $1,040,000 $1,305,999 $4,920,000 $2,317,500 $1,400,000 $2,100,000 $1,625,000 $2,300,000 $2,725,000 $1,182,000 $2,500,000 $2,550,000 $1,400,000
QU % CARTER HA NG E
63 19 15 129 12 60 48 101 78 84 43 4 17 23 52 15 20 55 13 38 230 196 90 10 51 86 21
LAT MEEST $ VDIAN ALU E
6% 6% 5% 8% 6% 9% 3% 10% 10% 6% 6% 8% 7% 7% 8% 6% 9% 7% 5% 6% 7% 11% 9% 6% 6% 1% 4%
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3% 2% 4% 3% 4% 2% 3% 3% 6% 3% 3% 1% -1% 3% 1% 3% 5% 4% 5% 3% 1% 3% 3% 3% 4% 1% 4%
SUB
BIG PR GEST I 12 CE INSALE MO LA NTH ST S
TOT OF AL NU IN SALESMBER L MOAST 1 NTH 2 S
12 % C-MON HA TH NG E
$835,000 $775,000 $877,500 $840,000 $805,000 $670,000 $975,000 $675,000 $850,000 $860,000 $890,000 $1,460,000 $1,872,500 $760,000 $695,000 $770,000 $1,165,000 $1,360,000 $865,000 $785,000 $685,000 $595,000 $755,000 $787,500 $1,020,000 $345,000 $815,000
QU % CARTER HA NG E
LYALL BAY MAUPUIA MELROSE MIRAMAR MORNINGTON MOUNT COOK MOUNT VICTORIA NEWLANDS NEWTOWN NGAIO NORTHLAND OHARIU ORIENTAL BAY OWHIRO BAY PAPARANGI RONGOTAI ROSENEATH SEATOUN SOUTHGATE STRATHMORE PARK TAWA TE ARO THORNDON VOGELTOWN WADESTOWN WELLINGTON CENTRAL WILTON
LAT MEEST $ VDIAN ALU E
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WEST COAST
CANTERBURY
BIG PR GEST I 12 CE INSALE MO LA NTH ST S
12 % C-MON HA TH NG E
TOT OF AL NU IN SALESMBER L MOAST 1 NTH 2 S
QU % CARTER HA NG E
4% 5% -1% 4% 3% 2% N/A 3% 3% 0% 1% 2% 2% 3% -1% 7% 1% 1% 4% 2% 1% -2% 4% N/A 2% -6% 5% 1% 2% 1% 6% 1% 2% 3% 0% -1% 4% 0% 2% 2% 3% 0% 0% 1% 6% N/A 2% 3% 6% 4% -1% 2% 0% 0% 8% 4% 3% N/A 11% 0% N/A 2% 0% 3% 5% -2% 3% 3% 1% 3% 3%
218 15 2 11 36 28 3 103 85 12 365 42 52 75 68 48 149 146 44 146 29 9 6 N/A 203 11 56 128 86 120 16 77 160 107 57 94 34 151 211 83 48 171 136 129 5 3 61 345 89 92 77 143 41 23 10 179 94 N/A 50 153 10 42 79 22 53 9 61 37 118 241 31
$1,880,000 $2,200,000 $595,000 $668,490 $512,000 $980,000 $563,000 $780,000 $3,150,000 $950,000 $1,240,000 $1,050,000 $1,240,000 $552,000 $1,200,000 $1,080,000 $690,000 $850,000 $1,380,000 $2,190,000 $477,500 $480,000 $1,900,000 N/A $773,500 $1,150,000 $1,100,000 $880,000 $1,950,000 $4,000,000 $1,345,000 $1,440,000 $700,000 $600,000 $685,000 $2,200,000 $1,125,000 $2,000,000 $1,350,000 $590,000 $1,550,000 $730,000 $2,570,000 $675,000 $1,770,000 $540,000 $950,000 $1,900,000 $870,000 $810,000 $1,110,000 $938,000 $690,000 $850,000 $690,000 $653,000 $2,500,000 N/A $2,500,000 $1,250,000 $700,000 $930,000 $1,500,000 $1,080,000 $485,000 $725,000 $600,000 $1,055,000 $850,800 $660,000 $2,750,000
SELWYN BURNHAM CASTLE HILL DARFIELD DOYLESTON DUNSANDEL GLENTUNNEL HORORATA KIRWEE LAKE COLERIDGE LEESTON LINCOLN MOTUKARARA PREBBLETON ROLLESTON SHEFFIELD SOUTHBRIDGE SPRINGFIELD SPRINGSTON TAI TAPU WEST MELTON WINDWHISTLE
$810,000 N/A $545,000 $480,000 $625,000 $330,000 $395,000 $625,000 $280,000 $475,000 $630,000 N/A $755,000 $560,000 N/A $395,000 N/A $590,000 $725,000 $860,000 $640,000
5% N/A 1% N/A N/A 3% -1% 1% 0% 1% -1% N/A 1% 1% N/A -1% N/A N/A 2% 2% -2%
2% N/A -1% N/A N/A 2% 1% -4% 2% 2% -1% N/A 1% 1% N/A -2% N/A -4% 4% -1% 2%
9 N/A 86 8 8 18 10 27 2 83 229 N/A 92 593 N/A 35 N/A 20 7 87 5
$1,350,000 N/A $1,350,000 $640,000 $750,000 $475,000 $765,000 $1,125,000 $420,000 $939,000 $1,700,000 N/A $2,245,000 $1,875,000 N/A $795,000 N/A $1,060,000 $1,150,000 $1,785,000 $550,000
TIMARU FAIRVIEW GERALDINE GLENITI GLENWOOD HADLOW HIGHFIELD KENSINGTON LEVELS MAORI HILL MARCHWIEL MESOPOTAMIA PARKSIDE PLEASANT POINT REDRUTH ROSEWILL SEAVIEW TEMUKA WAIMATAITAI WASHDYKE WATLINGTON WEST END
$715,000 $420,000 $505,000 $390,000 $1,070,000 $410,000 $310,000 $645,000 $400,000 $345,000 $470,000 $315,000 $390,000 $275,000 $820,000 $315,000 $320,000 $340,000 $365,000 $320,000 $332,500
1% 1% 2% 0% 1% 1% 0% 0% 2% 1% 3% 0% 8% 2% 1% 2% 0% 1% 1% 2% 1%
10% 2% 3% 3% 6% 3% 5% 7% 4% 5% 11% 5% 12% 2% 6% 3% -2% 5% 6% 5% 2%
6 100 56 58 5 99 37 10 29 91 N/A 48 32 3 2 66 124 45 5 45 71
$815,000 $1,152,000 $1,750,000 $622,000 $1,458,000 $1,225,000 $640,000 $850,000 $780,000 $750,000 N/A $673,000 $720,000 $305,000 $940,000 $591,000 $900,000 $851,000 $750,000 $465,000 $593,000
WAIMAKARIRI ASHLEY BROOKLANDS CLARKVILLE CUST FERNSIDE KAIAPOI LOBURN OHOKA OKUKU OXFORD PEGASUS RANGIORA SEFTON SWANNANOA TUAHIWI WAIKUKU WAIKUKU BEACH WEST EYRETON WOODEND
$655,000 $315,000 $960,000 $722,500 $790,000 $455,000 $725,000 $900,000 $695,000 $455,000 $500,000 $455,000 $682,500 $805,000 $592,500 $715,000 $395,000 $650,000 $455,000
-3% -1% 2% -1% -2% 2% 0% -2% -3% -1% -1% 0% -3% -1% 0% -2% 3% -3% -1%
7% -5% 6% 2% -2% 1% 4% 7% -1% 1% 1% 2% 10% 2% 5% 1% 4% 0% 1%
13 1 10 17 17 322 26 43 5 65 108 544 12 38 8 7 25 22 109
$725,000 $143,033 $1,300,000 $995,000 $1,450,000 $1,000,000 $1,290,000 $2,250,000 $650,000 $780,000 $1,280,000 $1,600,000 $1,125,000 $1,240,000 $915,000 $750,000 $640,000 $1,155,435 $687,000
WAIMATE GLENAVY MAKIKIHI OTAIO WAIMATE
$220,000 $390,000 N/A $280,000
2% N/A N/A 2%
N/A N/A N/A 14%
8 3 N/A 100
$285,000 $421,000 N/A $745,000
HURUNUI AMBERLEY BALCAIRN CHEVIOT HANMER SPRINGS HAWARDEN LEITHFIELD WAIPARA
$440,000 $705,000 $230,000 $490,000 $205,000 $370,000 $535,000
0% 1% 5% -3% 0% 0% -3%
1% 8% 12% 1% N/A -1% N/A
76 7 14 65 6 28 2
$1,210,000 $1,042,500 $350,000 $988,363 $372,000 $825,000 $630,000
KAIKOURA KAIKOURA
$475,000
-1%
12%
65
$900,000
MACKENZIE LAKE TEKAPO OMARAMA OTEMATATA TWIZEL BUNNYTHORPE LONGBURN FAIRLIE
WAITAKI DEBORAH ENFIELD & SURROUNDS FIVE FORKS & SURROUNDS HERBERT KAKANUI KUROW MAHENO OAMARU PALMERSTON PUKEURI WESTON
$635,000 $527,500 $480,000 $390,000 $370,000 $295,000 $285,000 $325,000 $255,000 N/A $427,500
1% -4% 1% 1% 1% 4% 4% 3% 6% N/A -2%
11% 9% 14% 11% 9% 9% 10% 10% 13% N/A 7%
4 N/A 3 6 15 8 2 359 24 N/A 31
$1,170,000 N/A $480,000 $852,000 $600,000 $507,500 $360,000 $1,010,000 $535,000 N/A $830,000
$850,000 $440,000 $380,000 $500,000 $610,000 $412,500 $355,000
N/A N/A -3% 3% 3% 3% -1%
5% 10% 12% 16% 14% 21% 9%
25 8 13 85 18 11 25
$1,600,000 $650,000 $570,000 $1,036,000 $961,000 $1,375,000 $750,000
$285,000 $220,000 $155,000
6% 4% 19%
12% 10% 35%
203 59 40
$830,000 $843,250 $250,000
SUB
SUB
UR B
LAT MEEST $ VDIAN ALU E
BIG PR GEST I 12 CE INSALE MO LA NTH ST S
1% 1% -1% 3% 1% 1% N/A 0% 1% 1% 1% 2% 1% 1% 0% 3% 1% 1% 2% 0% 1% 0% 2% N/A 0% 8% 3% 0% 3% 1% 4% 2% 0% 1% 0% 0% 2% 0% 0% 0% 2% 0% -1% 0% 7% N/A 3% 2% 3% 3% 0% 3% 0% -1% 7% 1% 1% N/A 4% -1% N/A 2% 1% 2% 0% 3% 0% 3% 2% 1% 0%
CHRISTCHURCH CENTRAL CLIFTON CORSAIR BAY CRACROFT DALLINGTON DIAMOND HARBOUR DUVAUCHELLE EDGEWARE FENDALTON GOVERNORS BAY HALSWELL HAREWOOD HEATHCOTE VALLEY HEI HEI HILLMORTON HILLSBOROUGH HOON HAY HORNBY HUNTSBURY ILAM ISLINGTON KAINGA KENNEDYS BUSH LE BONS BAY LINWOOD LITTLE RIVER LYTTELTON MAIREHAU MARSHLAND MERIVALE MONCKS BAY MOUNT PLEASANT NEW BRIGHTON NORTH NEW BRIGHTON NORTHCOTE NORTHWOOD OPAWA PAPANUI PARKLANDS PHILLIPSTOWN REDCLIFFS REDWOOD RICCARTON RICHMOND RICHMOND HILL ROBINSONS BAY RUSSLEY SAINT ALBANS SAINT MARTINS SHIRLEY SOCKBURN SOMERFIELD SOUTH NEW BRIGHTON SOUTHSHORE SPENCERVILLE SPREYDON STROWAN STYX SUMNER SYDENHAM TAKAMATUA TEMPLETON UPPER RICCARTON WAIMAIRI BEACH WAINONI WAINUI WALTHAM WESTMORLAND WIGRAM WOOLSTON YALDHURST
LAT MEEST $ VDIAN ALU E $410,000 $735,000 $492,500 $510,000 $390,000 $485,000 $490,000 $360,000 $1,005,000 $670,000 $535,000 $625,000 $490,000 $385,000 $450,000 $485,000 $425,000 $400,000 $700,000 $625,000 $385,000 $305,000 $1,110,000 N/A $320,000 $415,000 $492,500 $420,000 $665,000 $815,000 $655,000 $670,000 $335,000 $360,000 $375,000 $660,000 $515,000 $455,000 $465,000 $290,000 $665,000 $435,000 $435,000 $365,000 $832,500 $537,500 $485,000 $510,000 $470,000 $400,000 $425,000 $470,000 $370,000 $430,000 $520,000 $425,000 $775,000 N/A $655,000 $365,000 $505,000 $450,000 $455,000 $650,000 $325,000 $452,500 $335,000 $740,000 $610,000 $345,000 $580,000
UR B
12 % C-MON HA TH NG E
TOT OF AL NU IN SALESMBER L MOAST 1 NTH 2 S
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QU % CARTER HA NG E
20
SOUTHLAND GORE GORE GORE SURROUNDS MATAURA
$770,000 $1,140,000 $1,045,000 N/A $1,005,000 $860,000 $955,000 $2,007,500 $590,000 $1,290,000 $1,645,000 $575,000 $705,000 $1,025,000 $610,000 $250,000 $1,020,000 $1,010,000
-3% 4% 2% N/A 1% -1% 3% 5% N/A 1% 4% 6% -4% 1% -4% -1% 3% -2%
-3% 8% -1% N/A 0% 4% 7% N/A N/A N/A 3% N/A 1% 4% 5% 11% 6% -6%
43 53 19 N/A 48 55 38 2 3 67 18 9 31 80 20 2 97 223
$2,608,600 $4,800,000 $1,875,000 N/A $3,500,000 $4,100,000 $1,650,000 $1,750,000 $1,350,000 $2,350,000 $3,350,000 $880,000 $1,090,000 $2,000,000 $830,000 $670,000 $4,350,000 $5,750,000
SOUTHLAND CATLINS SURROUNDS EDENDALE LUMSDEN LUMSDEN SURROUNDS MAKAREWA MANAPOURI NIGHTCAPS OTAUTAU RIVERSDALE RIVERTON ROSLYN BUSH RYAL BUSH TE ANAU TUATAPERE WAIKAIA WALLACETOWN WINTON WINTON SURROUNDS WOODLANDS WYNDHAM
$195,000 N/A $202,500 $270,000 $517,500 $387,500 $110,000 $210,000 $230,000 $390,000 $650,000 $537,500 $485,000 N/A $205,000 $315,000 $345,000 $520,000 $420,000 $165,000
11% N/A 4% 10% 4% 2% N/A 4% -2% -1% 2% 1% 1% N/A 6% 2% 0% 0% N/A 0%
N/A N/A 9% N/A 11% 21% N/A 17% 10% 16% 11% 14% 14% N/A N/A 21% 17% 4% N/A 32%
1 N/A 19 2 15 22 9 25 15 55 3 8 92 N/A 14 8 80 24 1 14
$232,000 N/A $400,000 $595,000 $725,000 $900,000 $180,000 $445,000 $875,000 $910,000 $550,000 $642,000 $1,180,000 N/A $300,000 $469,000 $1,100,000 $1,085,000 $165,000 $297,000
CLUTHA BALCLUTHA CLINTON & SURROUNDS KAITANGATA KAKA POINT LAWRENCE MILTON OWAKA PAPATOWAI/POUNAWEA SOUTH OTAGO COASTAL TAIERI MOUTH TAPANUI WAIHOLA WAIPORI FALLS
$280,000 $130,000 $190,000 $320,000 $245,000 $245,000 $290,000 $250,000 $327,500 N/A $215,000 $410,000 $110,000
4% 8% 6% -4% 7% 0% N/A N/A N/A N/A 5% -5% -4%
17% N/A 46% 14% 9% 17% N/A N/A N/A N/A 5% 23% 29%
103 10 19 20 18 43 13 6 N/A N/A 17 15 3
$715,000 $255,000 $369,000 $915,000 $380,000 $855,000 $385,000 $320,000 N/A N/A $310,000 $802,300 $150,000
DUNEDIN ABBOTSFORD
$460,000
2%
21%
36
$860,000
SUB
OTAGO
OTAGO ALEXANDRA BANNOCKBURN CLYDE CROMWELL ETTRICK NASEBY OPHIR QUEENSBERRY RANFURLY ROXBURGH WESTLAND SURROUNDS
21
BIG PR GEST I 12 CE INSALE MO LA NTH ST S
QUEENSTOWN ALBERT TOWN ARROWTOWN ARTHURS POINT CLOSEBURN DALEFIELD/WAKATIPUBASIN FERNHILL/SUNSHINE BAY FRANKTON GIBBSTON HAWEA FLAT JACKS POINT KELVIN HEIGHTS KINGSTON LAKE HAWEA LOWER SHOTOVER LUGGATE MAKARORA QUEENSTOWN WANAKA
ALLANTON ANDERSONS BAY BALACLAVA BELLEKNOWES BLACKHEAD BRADFORD BRIGHTON BROAD BAY BROCKVILLE BURNSIDE CALTON HILL CAREYS BAY CAVERSHAM CHAIN HILLS CLYDE HILL COMPANY BAY CONCORD CORSTORPHINE DALMORE DUNEDIN CENTRAL EAST TAIERI FAIRFIELD FORBURY GLENLEITH GLENROSS GREEN ISLAND HALFWAY BUSH HARINGTON POINT HARWOOD HELENSBURGH HIGHCLIFF KAIKORAI KARITANE KENMURE KEW LIBERTON LOOKOUT POINT MACANDREW BAY MAIA MAORI HILL MARYHILL MORNINGTON MOSGIEL MOUNT CARGILL MUSSELBURGH NORMANBY NORTH DUNEDIN NORTH EAST VALLEY NORTH TAIERI OCEAN GROVE OCEAN VIEW OPOHO OUTRAM PINE HILL PORT CHALMERS PORTOBELLO PURAKAUNUI INLET RAVENSBOURNE ROSENEATH ROSLYN SADDLE HILL SAINT CLAIR SAINT KILDA SAINT LEONARDS SAWYERS BAY SCROGGS HILL SHIEL HILL SOUTH DUNEDIN TAINUI THE COVE THE GLEN VAUXHALL WAIKOUAITI WAITATI WAKARI WALDRONVILLE WARRINGTON WAVERLEY WESTWOOD WOODHAUGH
TOT OF AL NU IN SALESMBER L MOAST 1 NTH 2 S
$410,000 $575,000 $612,000 $395,000 $365,000 $440,000 $750,000 $615,000 $610,000 $522,000 $578,000 $425,000 $528,000 $335,000 $490,000 $950,000 $725,000 $875,000 $485,000 $950,000 $640,000 $595,000 $615,000 $370,000 $580,000 $452,000 $730,000 $610,000 $772,000 $770,000
12 % C-MON HA TH NG E
111 4 33 60 33 64 97 116 117 25 46 62 10 16 66 15 4 13 55 40 93 26 20 163 7 23 93 54 8 134
QU % CARTER HA NG E
26% 3% 16% 12% 28% 27% 15% 23% 19% 17% 23% 21% 13% 25% 24% -2% -1% 4% 17% 12% 18% 22% 10% 25% 1% 21% 16% 18% -2% 14%
LAT MEEST $ VDIAN ALU E
5% 1% 1% 0% 7% 4% 1% 4% 3% 3% 4% 4% 1% 5% 4% 1% -1% 2% 3% -1% 3% 6% 1% 4% 3% 4% 0% 4% -0% 1%
UR B
$215,000 $460,000 $335,000 $190,000 $230,000 $250,000 $465,000 $295,000 $310,000 $370,000 $350,000 $255,000 $327,500 $225,000 $260,000 $490,000 $685,000 $652,500 $305,000 $430,000 $330,000 $275,000 $490,000 $250,000 $410,000 $255,000 $390,000 $400,000 $567,500 $400,000
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12 % C-MON HA TH NG E
BIG PR GEST I 12 CE INSALE MO LA NTH ST S
QU % CARTER HA NG E
INVERCARGILL APPLEBY ASCOT AVENAL BLUFF CLIFTON GEORGETOWN GLADSTONE GLENGARRY GRASMERE HARGEST HAWTHORNDALE HEIDELBERG INVERCARGILL KEW KINGSWELL LORNEVILLE MILL ROAD MYROSS BUSH NEWFIELD OTATARA RICHMOND ROCKDALE ROSEDALE STRATHERN TISBURY TURNBULLTHOMSON PARK WAIKIWI WAVERLEY WEST PLAINS WINDSOR
UR B
LAT MEEST $ VDIAN ALU E
TOT OF AL NU IN SALESMBER L MOAST 1 NTH 2 S
OneRoof.co.nz
$550,000 $535,000 $485,000 $610,000 $910,000 $430,000 $510,000 $500,000 $390,000 $425,000 $365,000 $405,000 $345,000 $800,000 $370,000 $675,000 $450,000 $390,000 $430,000 $510,000 $700,000 $565,000 $360,000 $572,500 $530,000 $440,000 $440,000 N/A $390,000 $530,000 $670,000 $435,000 $415,000 $480,000 $520,000 $385,000 $290,000 $585,000 $477,500 $740,000 $485,000 $455,000 $495,000 $745,000 $495,000 $400,000 $590,000 $405,000 $990,000 $390,000 $515,000 $535,000 $560,000 $455,000 $400,000 $490,000 N/A $410,000 $450,000 $645,000 $835,000 $610,000 $390,000 $550,000 $405,000 $760,000 $595,000 $322,500 $477,500 $815,000 $370,000 $705,000 $325,000 $815,000 $455,000 $545,000 $440,000 $610,000 $522,500 $425,000
3% 5% 7% 3% 2% 6% 6% 1% 7% 4% 9% 4% 5% -2% 7% -1% 5% 8% 13% 4% -1% 3% 4% 5% 5% 4% 6% N/A 1% 4% 3% 4% 4% 4% 4% 12% 2% 1% 4% 2% 3% 6% 5% 1% 5% 1% -1% 4% -4% 3% 6% 3% 11% 0% 4% 1% N/A 6% 5% 2% -4% 5% 3% 5% 5% -4% 5% 8% 5% 13% 6% 2% 7% 3% 5% 6% 10% 4% 9% 12%
15% 15% 23% 16% 19% 18% 21% 12% 16% 16% 22% 8% 17% 13% 23% 12% 15% 22% 26% 13% 8% 12% 16% 18% 15% 16% 16% N/A N/A 18% 11% 14% 19% 16% 18% 26% 7% 10% 17% 11% 18% 18% 13% 0% 14% 11% N/A 14% 3% 11% 23% 15% 17% 12% 13% 8% N/A 21% 7% 10% N/A 13% 15% 20% 8% 14% 12% 17% 15% N/A 19% 12% 12% -4% 17% 20% 17% 13% 24% 26%
6 45 16 45 2 25 18 4 26 N/A 32 4 58 3 14 11 21 28 14 99 12 48 35 12 15 74 56 N/A 1 16 5 52 14 34 27 12 4 18 3 51 21 55 376 4 36 12 65 99 9 10 7 25 21 7 25 10 N/A 26 3 40 1 82 149 7 18 1 18 104 24 3 6 12 51 3 45 21 11 41 N/A 7
$695,000 $965,000 $915,000 $1,000,000 $1,050,000 $646,000 $920,000 $632,000 $570,000 N/A $530,000 $576,440 $695,000 $775,000 $597,000 $800,000 $599,000 $825,888 $650,000 $1,117,500 $1,810,000 $980,000 $720,000 $866,000 $614,000 $850,000 $1,635,000 N/A $350,000 $637,000 $1,100,000 $727,000 $1,440,000 $648,000 $692,000 $555,000 $360,000 $1,116,000 $526,555 $1,350,000 $625,000 $895,000 $1,675,000 $900,000 $1,200,000 $530,000 $2,750,000 $1,070,000 $1,300,000 $705,000 $900,000 $825,000 $940,000 $650,500 $626,522 $660,000 N/A $541,000 $515,000 $2,200,000 $1,160,000 $1,520,000 $669,000 $915,000 $867,000 $850,000 $710,000 $621,500 $915,000 $1,820,000 $475,000 $825,000 $645,000 $1,640,000 $720,000 $740,000 $600,000 $1,050,000 N/A $585,000
$525,000 $895,000 $570,000 $675,000 $237,500 $290,000 N/A $1,137,500 $230,000 $285,000 $872,500
1% 15% -1% 4% -3% 4% N/A N/A -2% 2% 3%
6% N/A 10% 11% N/A 12% N/A N/A 10% 0% 20%
174 5 40 214 8 19 N/A 3 30 23 5
$1,475,000 $1,500,000 $1,175,000 $2,510,000 $290,000 $535,000 N/A $1,350,000 $369,000 $701,453 $1,120,000
22
OneRoof.co.nz
T ING N N I O A R F M E K RE A L S 7 ON I T C E S
(Without the eye-watering price tag)
Data conďŹ rms what we all know, people are willing to pay a premium for a house with water views. At Lakeside, the value from water views has not been priced in. That means you get all the benefits, but with homes from $480,000, you avoid the eye-watering price tag. Call us today to secure your next home or investment at Lakeside, the water views are on the house.
Open Saturdays & Sundays, From 1PM - 3PM 98 Scott Road, Te Kauwhata Mike Woods +64 21 675 011 mike.woods@bayleys.co.nz Bayleys Real Estate Ltd
Mark Fourie +64 21 349 530 mark.fourie@bayleys.co.nz Bayleys Real Estate Ltd, Pukekohe
0508 LAKESIDE | winton.nz LICENSED UNDER THE REAA 2008
*According to data on homes.co.nz
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23
COMMENT
The housing shortage is a myth. Here’s why Ashley Church
U
nless you’ve been living in a cave for the past few years, you’ve heard about the shortage of housing in New Zealand. There are variations of the view but the most popular version claims that we’ve been building fewer homes than we actually need for decades, and that we now have a shortage of around 100,000 dwellings. This view was almost universally accepted for a long time and while there’s some debate over where the claim originally came from, we know that it first gained widespread acceptance in 2012 when Labour made it the central plank of their KiwiBuild policy to build 100,000 homes over 10 years. Over the next few years, the claim gathered momentum and was also adopted by the National Government which came up with its own initiatives to address the problem. Meanwhile, housing commentators, myself included, berated the government for not moving fast enough and called for even more action to address the huge housing shortage. There was only one problem
The prevailing thought in political circles is that we've been building too few houses over the past decade
– the claim that we had a shortage of homes was never true. The whole thing is a fascinating case study in how a completely wrong idea can grip the public consciousness to the point where logic and rational thinking is crowded out by hysteria and shonky data. By 2016, belief in a shortage of houses had taken hold and attained the status of unchallengeable dogma. It wasn’t until people like Gareth Kiernan from Infometrics and I started re-examining the numbers that it became obvious that the housing shortage claim was just a house of cards. There are two simple and widely available indicators which tell us whether we’re building enough homes to keep up with demand. The first is population data and the population count, and the second is a Census measure which tells us the average number of people occupying a Kiwi home at any given time. While the population data is updated constantly, the household occupancy figure is only available from Census data, which is usually taken
once every five years. So why are these numbers so important? Firstly, because they’re unquestionably accurate – and secondly, because dividing one by the other tells us how many houses we have at any particular point in time. Let me demonstrate. We know that in 1986 the population of the country was 3.24m and we know from the Census that year that, on average, there were 3.29 people per dwelling/household in New Zealand. So by simply
increase of 565,000 dwellings over 26 years (or an average of 21,000 new dwellings being built per year). Why does this matter? Because the household occupancy number could only have dropped if we had built more homes than we needed. If it had stayed at 3.29 we would only have needed 1,352,000 homes by 2013, so we built almost 200,000 more homes over that 26 year period than we needed to just stand still. Think about what this
“The whole thing is a fascinating case study in how a completely wrong idea can grip the public consciousness to the point where logic is crowded out by hysteria.” dividing the population figure by the average household figure – we know that there were almost 985,000 occupied houses in New Zealand in that year. But if we fast forward to 2013 we find that the population had increased to 4.45 million and that the average household occupancy number had actually dropped to 2.87 people per household. This means that the number of occupied dwellings had grown to 1,550,000 – an
means, because it’s important. Not only do we not have a housing shortage – but the market has actually been supplying more homes than we’ve needed for almost 33 years. But wait. Don’t we also know that we have high levels of homelessness and that the numbers of people on the Social Housing Register – those wanting to rent a home from the state – have dramatically
increased? Yes to both, but these things are symptomatic of socioeconomic issues, not a housing shortage. For example, people register for social housing not because there are no homes to rent, but because they can’t afford market rate rents. The same is true of the homeless, and the factors that drive this issue are more complex and also relate to mental health and addiction issues. Neither have anything to do with a shortage of housing. While all of our attention has been focused on the failed KiwiBuild programme, the private sector has been quietly building, and selling, a large number of homes where they’re needed most. The top 10 housing development companies in New Zealand built more than 10,000 new homes last year – a rate which will see us very close to reaching the original national KiwiBuild target of 100,000 homes over 10 years. Now that KiwiBuild is dead, let’s hope that the fable of the great housing shortage has been consigned to history where it belongs.
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OneRoof.co.nz
whangarei@pb.co.nz 0800 367 5263
Property Brokers Limited Licensed under the Real Estate Agents Act 2008
Secluded haven with harbour views in South Head
SOUTH HEAD 1742 South Head Road
Set on approx 3 acres (1.2497 hectares) of north facing gently rolling land with several flat areas, this secluded and elevated property enjoys expansive views of the Kaipara Harbour. The two bedroom home was relocated by the current owner and completely renovated.It includes a modern kitchen, delightful bathroom, separate laundry including the toilet, and open plan dining/lounge area which flows through multiple French doors to a wrap-around verandah from which to enjoy the harbour and rural views. Kitchen
WEB ID WHR74355 and bathroom cabinetry of hand-crafted timber (by a professional cabinetmaker) and new polished brass tap-ware. New carpet and vinyl floor coverings throughout. Substantial 8m x 12m double gabled American style barn and workshop large enough to house 6 to 8 cars! and has two large hinged doors recovered from the National Bank in Queen Street, Auckland, which are internally drop bolted for locking.
$998,000
VIEW By Appointment
Catherine-Anne Wilson
Mobile 027 271 8551 Office 0800 367 5263 catherinew@pb.co.nz
2 1
Lifestyle with many options
TENDER WELLSFORD 23 Biddle Road
Take the short drive from Wellsford Township to view this well presented lifestyle block of approximately 40 hectares.A wide array of improvements including a sunny and spacious bungalow of three-plus bedrooms, and separate garage with attached games room or office. Close to the farm house is a large implement shed (20m x 8m approx), a calf rearing shed close to the old 13-aside herringbone milking shed, a large workshop with three phase power (ex-woolshed), and two haybarns.The farm is set up on gently rolling
pb.co.nz
WEB ID WHR74289
TENDER
pasture divided into 24 main paddocks and four smaller VIEW Sunday 8 Mar 1.00 - 2.00pm ones connected by a limestone race. two dams for TENDER closes Thursday 12th March, 2020 at stock water fed by a spring and farm runoff, plenty of 3.00pm, (unless sold prior) mature shelter trees, and well maintained fences.
3 Catherine-Anne Wilson
Mobile 027 271 8551 Office 0800 367 5263 catherinew@pb.co.nz
2 1
OneRoof.co.nz
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whangarei@pb.co.nz 0800 367 5263
Property Brokers Limited Licensed under the Real Estate Agents Act 2008
Sheltered bare land block with mature plantings
TENDER
HAKARU Lot 21 Settlement Road
You will quickly feel at home on this sunny north-east facing 7 hectare block nestled against the native plantings at the end of Lin Avenue, off Settlement Road at Hakaru. With the fenced off gullies planted and home to lots of bird life you might consider an off-the-grid living option, or take advantage of the power close to the Kaiwaka Road boundary and build on the higher paddocks with panoramic views. The property is currently grazed by the neighbour and that is a future option should you wish to use the block just
pb.co.nz
WEB ID WHR74359 as a private retreat.
View By Appointment
The property is half way between Kaiwaka and Mangawhai so handy to schools and shops whichever way you go. No power or water connections are available at present. Main access off Lin Avenue which is off Settlement Road.
TENDER closes Wednesday 18th March, 2020 at 4.00pm, (unless sold prior), 80 Western Hills Drive, Whangarei
TENDER
Catherine-Anne Wilson
Mobile 027 271 8551 Office 0800 367 5263 catherinew@pb.co.nz
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OneRoof.co.nz
IN YOUR NEIGHBOURHOOD MANGAWHAI HEADS
HEADS UP
Mangawhai Heads township is only 5 minutes from Mangawhai Village, thanks to a causeway which was built across the estuary 40 years ago, but it retains its own identity and offers a raft of irresistible attractions, writes LOUISE RICHARDSON
D
uring the early 1800s, Māori used Mangawhai Harbour as a gateway to the greater Kaipara area. They named the place Mangawhai for its “stream of the stingray” and the giant creatures can often be seen in local waters. Popular with New Zealand and overseas tourists alike, Mangawhai Heads, in its seaside location just 80km north of Auckland on Northland’s east coast, is an idyllic spot with a fabulous cliff walkway offering views that go on forever above the white sands
and dramatic, crashing surf of Mangawhai Heads Beach. While the number of people in town swells dramatically over the busy summer period, there is a permanent population of around 1100 (2013 Census). Many of the locals are involved with catering to visitors, with a small but growing range of shops and eateries as well as many adventure options based around the water. With Mangawhai Heads on a firmly upward trajectory, local tradespeople have been enjoying the boom that’s come
$802K
Current median property value for suburb
0.3% Quarterly change
2.9% 12-month change
62.1%
Change since 2015
$2.4m
Biggest sale price of last 12 months
with it. The township is now the largest suburb of Kaipara when it comes to the total number of residential housing stock – the majority of which was
constructed after 2010. Lifestyle blocks are increasingly popular, especially with Auckland newcomers, who are escaping the rat race in
ever-growing numbers, in search of a more laid-back way of life and enjoying the benefits of working remotely. The local dynamic is set to change significantly with the construction of Mangawhai Central. This exciting initiative will effectively join the two townships together with a carefully planned town centre bringing new retailers and hospitality providers. It aims to enhance the area’s attributes, while protecting its unique identity. Development by Virana Partners is taking place on land that was previously a farm, owned by the Marshall family. Style-wise, the environmentally sustainable project will feature a nautical theme, and even the new supermarket will have
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that each will retain their own pace and personality, at least to some extent.
what architect Rob Guild of The Buchan Group describes as an "easy feeling bach look". Who lives here? While a fair share of Mangawhai Heads’ population is over 60 years old, underlining its traditional popularity with retirees, increasing numbers of young families are taking advantage of the excellent local kindergarten, and primary school. Older students currently bus to Wellsford and Warkworth but new infrastructure may see a local college here in the future. What’s to love? The fact that Mangawhai Heads (and Mangawhai Village) are both growing so significantly is testament to the appealing
lifestyle on offer. At the Heads, much of locals’ leisure time is spent on the water: surfing, kayaking, paddle-boarding, fishing and
diving. The beach is patrolled by surf lifeguards during summer, so it’s safe for all ages. Boat trips on offer take in the Mokohinau Islands, Hen and
Chicken Islands and Great Barrier Island. With 14 walking tracks in and near Mangawhai Heads, keeping fit is no problem, and cyclists can enjoy coastal tracks with great views, surrounded by native vegetation. There are two world-class local golf courses, several vineyards and farmers’ markets plus shops, cafes, restaurants and galleries right on residents’ doorsteps. The Bennetts of Mangawahi chocolate factory and cafe is a huge drawcard and many other local makers produce world-class arts and crafts. With Mangawhai Central potentially knitting the two communities closer together there will be an increase in shared amenities but it’s likely
Buying and selling Mark Macky, director of Bayleys in the North, says Mangawhai Heads has been booming recently and the fact that there is significant investment in infrastructure happening right now bodes well for its future. “I don’t know at this point what the Mangawhai Central project will bring in terms of housing because it’s at a very early stage and the developers are concentrating on their commercial properties for now,” he says. “However, “Sections sections here here have have been been gobbled up in gobbled up the last 10 in the last 10 years, and years, and there’s been there’s been something of something of a building a building boom. boom.” “There are lots of tradespeople living and working locally.” Macky says that as places closer to Auckland, such as the Hibiscus Coast, have become busier and more heavily populated, many residents are making their way further north. “Being able to work remotely from home has had a huge effect on this area and there are people who work at Silverdale and thereabouts, but maybe only go down there for a couple of days each week. “There’s also been a bit of gentrification going on as these people arrive and buy existing baches, then build new homes on the sites.” Macky says that as Mangawhai Heads has grown, its community spirit has grown too, and locals like to be involved in initiatives that will benefit other residents. “It’s a very vibrant place.” Prices went steadily upwards until last year, but they are now stable. Macky says that people who bought five years ago have done well, but this is still a good time to buy because it is likely values will eventually rise again.
Hot
SUMMER SPECIALS
GET THE MOST OUT OF YOUR FLOORING Take advantage of our HOT summer specials continuing long into 2020 Come and visit Ed and Shona at our Showroom, bring in your measurements or plans and we will work out a GREAT deal for you. Offering a free measure and Quote
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A PLACE TO CALL HOME
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