Million-dollar house prices spreading north into Lower Hut
Million-dollar homes are becoming the norm in southern Lower Hutt, hot on the heels of eye-watering prices in the capital.
Five real estate agents told Stuff the million-dollar mark was creeping north as buyers flee Wellington where the median house price reached a record $1.1m last month. Lower Hutt’s median price also reached a record $839,000.
In 2012 Stuff reported the median price in the suburb was $325,000 – the highest price paid for a home then was $585,000, while the cheapest was a $100,000 unit.
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Poll: Are our Kiwi summer holidays helping us recharge, or holding the economy back? ☀️🥝
There’s growing debate about whether New Zealand’s extended Christmas break (and the slowdown that comes with it) affects productivity.
Tracy Watkins has weighed in ... now it’s your turn. What’s your take? 🤔
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73.4% We work hard, we deserve a break!
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15.8% Hmm, maybe?
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10.8% Yes!
Celebrate in Style: Craft Your Own Decor with Testpots
Create handcrafted celebrations using Resene testpots. Find out how to create your own with these easy step by step instructions.
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