Where did property prices grow the most last decade?
It’s now 2020 and we’ve looked back to where property prices were 10 years ago. The top-performing areas are dominated by new developing areas (such as Silverdale outside of Auckland) or towns in the deep south in Queenstown Lakes and Central Otago.
Of the main centres, Dunedin came out top with values more than doubled (just) in the last 10 years. Christchurch was the exception, however, with property values increasing by only 38%. The highest performing suburb in NZ’s main centres was Flagstaff in Hamilton where the median HomesEstimate is now $825k, up from a median sale price of $245k in Q1 2010.
Check out how prices have changed in your area…
READ MORE VIA HOMES.CO.NZ