Wellington houses hit $1 million mark
Do you think your house is worth $1 million?
Property values in Wellington city have exceeded the $1 million mark and the rest of the region isn’t too far behind.
Housing prices have soared since the Covid-19 pandemic and the country's housing crisis continues to see people, especially first home buyers, being crowded out of the opportunity to purchase a home.
The latest data, released on Wednesday morning by property data provider CoreLogic, shows Wellington’s housing market continues to set jaw-dropping new records with the region seeing the greatest rate of growth.
CoreLogic’s House Price Index found Wellington city’s average current value had reached $1,012,163. In the city’s western suburbs that rose to $1,160,087.
Scam Alert: Fake information regarding December Bonuses from MSD
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Neighbourhood Challenge: Who Can Crack This One? ⛓️💥❔
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Poll: Are Kiwis allergic to “exuberance”? 🥝
In The Post’s opinion piece on the developments set to open across Aotearoa in 2026, John Coop suggests that, as a nation, we’re “allergic to exuberance.”
We want to know: Are we really allergic to showing our excitement?
Is it time to lean into a more optimistic view of the place we call home? As big projects take shape and new opportunities emerge, perhaps it’s worth asking whether a little more confidence (and enthusiasm!) could do us some good.
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42.5% Yes
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33% Maybe?
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24.5% No
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