Does your property really double in value every 10yrs?
“In 2012, the national average asking price for a home was less than half a million dollars at $447,040. We have seen this average increase steadily over the last ten years to reach just under $1 million in 2021.”
Average asking prices have more than doubled nationally and in 10 of 19 NZ regions in the last decade, according to the latest data from realestate.co.nz.
For homeowners who have not (theoretically) doubled their money, most have seen average asking prices in their regions get close, with more than 90% increases.
Vanessa Williams, spokesperson for realestate.co.nz says that property has long been considered a good investment, and the latest data has supported that theory.
In the last ten years, regional New Zealand small towns have seen the largest average asking price increases. With an increase of $361,441 or 282.1% in 10 years, mill-town Kawerau saw the most exponential average asking price growth.
To read the full report go to realestate.co.nz/blog
or your can contact me to talk real estate -0274951536
Neighbourhood Challenge: Who Can Crack This One? ⛓️💥❔
What has a head but no brain?
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Boxing Day Alert! Grab a Mattress That Feels Out of This World
Ever wondered what it’s like to sleep on a mattress designed by NASA? Tempur started in space, and now it’s here to give you next-level comfort right at home!
Imagine a mattress that cradles every curve, reduces pressure, blocks your partner’s tossing and turning, and lasts for years. Side sleeper, back sleeper, or somewhere in between - there’s a Tempur just for you.
Even better? Perfect timing! Our Boxing Day Sale is happening now! It’s the perfect chance to grab your dream mattress and upgrade your sleep before the year ends.
Find your nearest Beds4U store: beds4u.co.nz...
Browse all Boxing Day deals: beds4u.co.nz...
Want to learn more about Tempur mattresses before you buy? Check out our guide here: beds4u.co.nz...
Neighbours, your dream bed is waiting - don’t let another sleepless night pass!
Scam Alert: Fake information regarding December Bonuses from MSD
The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’
If you get suspicious communication, please contact Netsafe.
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