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Property Report PROPERTY REPORT YOUR HOUSE VALUE OneRoof Property Report: The latest suburb values for all of New Zealand YOUR HOUSE VALUE OneRoof Property Report: The latest suburb values for all of New Zealand The latest suburb values The OneRoof Property Report suburb valuation tables, powered by Valocity, use an automated valuation model (AVM) to provide the latest values for every New Zealand suburb. The AVM takes into account recorded property Owen Vaughan attributes and historical market property sales to estimate For more market OneRoof editor the value of every residential property in a suburb. The analysis go to: model is intended to provide an estimate of value at the NORTH ISLAND oneroof.co.nz date it was run. elcome to the OneRoof Property Report December 2018. I am 9% Change in sale value Wpleased to announce that this What the tables tell you is our first with our new data partner, The tables show the latest median value for 57,724 Valocity. Total sale volume every suburb and territorial authority in New Valocity has provided the latest suburb valuations for all of New Zealand and its Zealand. The median value gives an indication 12.4% figures have powered the analysis that will of what buyers could typically expect to pay Change in sale volume $40,460,534,851 help you make sense of where your own for a property in a suburb or city or region. The Total sale value home sits in the housing market. tables also allow you to track how well an area What the figures tells us is that a lot is performing, by tracking the changes in value of the dramatic changes that have taken over the last quarter, as well as over the last three place in New Zealand property scene - years. These figures are a good indication of KiwiBuild! Foreign buyer ban! Mortgage demand for property in the suburb and whether rate cuts! - have yet to make their mark on it is a good place in which to invest. We’ve also the market. provided the total number of sales for each That’s important to note, because what suburb and the highest sale price (to August you read in the headlines isn’t always a true picture of what’s going on. 2018). Together, these figures will give you a Happy reading! comprehensive picture of the property market in your own backyard and the rest of New Zealand. NATIONWIDE $50,731,897,982 Total sale value 7.4% Change in sale value 78,959 Total sale volume 11.2% Change in sale volume SOUTH ISLAND $10,271,363,131 Total sale value 3% Change in sale value 21,235 Total sale volume 7.8% Change in sale volume *Figures for the 12 months to August 2018. Rating Authorities RATINGAUTHORITY MEDIANVALUE $ NOVEMBER AS OF2018 1, MEDIANON $AUGUST VALUE2018 1, QUARTERCHANGE % MEDIANON $NOVEMBER VALUE1, 2017 12-MONTHCHANGE % MEDIANON $NOVEMBER VALUE1, 2016 2-YEARCHANGE % MEDIANON $NOVEMBER VALUE1, 2015 THREE-YEARCHANGE % TOTAL OFNUMBER SALESMONTHS INAUGUST 12 TO 2018 HIGHESTPRICE SALEMONTHS IN 12AUGUST TO 2018 ASHBURTON $341,000 $338,000 0.9% $333,000 2.4% $343,000 -0.6% $319,000 6.9% 561 $1,590,000 AUCKLAND - CITY $1,001,000 $1,008,000 -0.7% $986,000 1.5% $993,000 0.8% $892,000 12.2% 6,692 $27,500,000 AUCKLAND - FRANKLIN $708,000 $696,000 1.7% $704,000 0.6% $679,000 4.3% $610,000 16.1% 902 $3,000,000 AUCKLAND - MANUKAU $828,000 $831,000 -0.4% $821,000 0.9% $832,000 -0.5% $730,000 13.4% 3,949 $5,705,000 AUCKLAND - NORTH SHORE $1,073,000 $1,085,000 -1.1% $1,084,000 -1.0% $1,084,000 -1.0% $967,000 11.0% 3,350 $8,000,000 AUCKLAND - PAPAKURA $686,000 $686,000 0.0% $667,000 2.8% $680,000 0.9% $599,000 14.5% 951 $7,888,000 AUCKLAND - RODNEY $928,000 $927,000 0.1% $930,000 -0.2% $865,000 7.3% $785,000 18.2% 1,695 $6,200,000 AUCKLAND - WAITAKERE $802,000 $798,000 0.5% $795,000 0.9% $805,000 -0.4% $725,000 10.6% 3,251 $3,500,000 BAY OF PLENTY $699,000 $707,000 -1.1% $669,000 4.5% $627,000 11.5% $485,000 44.1% 710 $4,350,000 BULLER $190,000 $185,000 2.7% $175,000 8.6% $163,000 16.6% $167,000 13.8% 207 $885,000 CARTERTON $668,000 $663,000 0.8% $599,000 11.5% $455,500 46.7% $515,000 29.7% 5 $650,000 CHRISTCHURCH $445,000 $444,000 0.2% $443,000 0.5% $445,000 0.0% $440,000 1.1% 6,482 $6,150,000 CLUTHA $232,000 $212,000 9.4% $199,000 16.6% $180,000 28.9% $170,000 36.5% 314 $975,000 COROMANDEL $666,000 $670,000 -0.6% $634,000 5.0% $549,000 21.3% $487,000 36.8% 907 $7,417,500 DUNEDIN $389,000 $383,000 1.6% $356,000 9.3% $314,000 23.9% $280,000 38.9% 2,232 $1,642,000 FAR NORTH $430,000 $426,000 0.9% $395,000 8.9% $325,000 32.3% $301,000 42.9% 1,318 $4,750,000 GISBORNE $306,000 $293,000 4.4% $266,000 15.0% $237,000 29.1% $218,000 40.4% 822 $1,800,000 GORE $222,000 $224,000 -0.9% $207,000 7.2% $188,500 17.8% $182,000 22.0% 275 $1,325,000 GREY $215,000 $210,000 2.4% $203,000 5.9% $198,000 8.6% $191,000 12.6% 229 $950,000 HAMILTON $551,000 $543,000 1.5% $520,000 6.0% $513,000 7.4% $421,000 30.9% 3,187 $2,162,500 HASTINGS $446,000 $427,000 4.4% $390,000 14.4% $343,000 30.0% $293,000 52.2% 1,455 $3,500,000 HAURAKI $468,500 $427,000 9.7% $446,000 5.0% $366,000 28.0% $314,000 49.2% 415 $2,730,000 HAWKES BAY $300,000 $297,000 1.0% $250,000 20.0% $211,000 42.2% $182,000 64.8% 292 $780,000 HOROWHENUA $302,000 $291,000 3.8% $267,000 13.1% $215,000 40.5% $182,000 65.9% 833 $1,240,000 HURUNUI $463,000 $464,000 -0.2% $470,000 -1.5% $444,000 4.3% $425,000 8.9% 215 $1,290,000 INVERCARGILL $262,000 $246,000 6.5% $226,000 15.9% $208,000 26.0% $201,000 30.3% 1,454 $1,850,000 KAIKOURA $445,000 $466,000 -4.5% $418,000 6.5% $393,000 13.2% $397,000 12.1% 77 $1,025,000 KAIPARA $565,000 $560,000 0.9% $530,000 6.6% $440,000 28.4% $353,500 59.8% 467 $2,800,000 KAPITI COAST $564,000 $550,000 2.5% $514,000 9.7% $453,000 24.5% $376,000 50.0% 1,162 $2,500,000 KAWERAU $244,000 $230,000 6.1% $204,000 19.6% $152,000 60.5% $110,000 121.8% 157 $820,000 LOWER HUTT $531,000 $529,000 0.4% $489,000 8.6% $442,000 20.1% $361,000 47.1% 1,710 $2,500,000 MACKENZIE $437,000 $420,000 4.0% $371,000 17.8% $314,000 39.2% $280,000 56.1% 125 $1,500,000 MANAWATU $371,000 $353,000 5.1% $333,000 11.4% $284,000 30.6% $252,000 47.2% 617 $1,200,000 MARLBOROUGH $426,000 $424,000 0.5% $390,000 9.2% $364,000 17.0% $319,000 33.5% 1,049 $2,500,000 MASTERTON $373,000 $357,000 4.5% $319,000 16.9% $267,000 39.7% $237,000 57.4% 734 $1,708,000 MATAMATA $460,000 $441,000 4.3% $436,000 5.5% $392,000 17.3% $305,000 50.8% 570 $2,000,000 NAPIER $483,000 $475,000 1.7% $425,000 13.6% $368,000 31.3% $310,000 55.8% 1,302 $2,800,000 NELSON $531,000 $525,000 1.1% $493,000 7.7% $443,000 19.9% $385,000 37.9% 1,016 $2,500,000 NEW PLYMOUTH $427,000 $422,000 1.2% $401,000 6.5% $383,000 11.5% $350,000 22.0% 1,602 $3,000,000 OPOTIKI $527,500 $536,000 -1.6% $516,000 2.2% $435,000 21.3% $392,000 34.6% 132 $1,350,000 OTAGO $527,000 $506,000 4.2% $475,000 10.9% $400,000 31.8% $330,000 59.7% 474 $1,780,000 OTOROHANGA $351,500 $356,500 -1.4% $321,000 9.5% $265,000 32.6% $207,500 69.4% 129 $850,000 PALMERSTON NORTH $384,000 $365,000 5.2% $344,000 11.6% $313,000 22.7% $271,000 41.7% 1,650 $1,530,000 PORIRUA $577,000 $555,000 4.0% $514,500 12.1% $457,000 26.3% $376,000 53.5% 731 $2,022,000 QUEENSTOWN $1,006,000 $990,000 1.6% $909,000 10.7% $828,000 21.5% $655,000 53.6% 803 $12,500,000 RANGITIKEI $245,000 $220,000 11.4% $193,000 26.9% $166,000 47.6% $140,000 75.0% 316 $730,000 ROTORUA $433,000 $409,000 5.9% $371,000 16.7% $337,000 28.5% $264,000 64.0% 1,277 $2,200,000 RUAPEHU $196,000 $189,000 3.7% $162,000 21.0% $139,000 41.0% $113,000 73.5% 295 $810,000 SELWYN $603,000 $597,000 1.0% $595,000 1.3% $597,000 1.0% $585,000 3.1% 1,123 $4,370,000 SOUTH TARANAKI $221,000 $219,000 0.9% $204,000 8.3% $185,000 19.5% $185,000 19.5% 560 $1,035,000 SOUTH WAIKATO $243,000 $234,000 3.8% $205,000 18.5% $168,000 44.6% $135,000 80.0% 572 $1,400,000 SOUTH WAIRARAPA $457,000 $456,000 0.2% $395,000 15.7% $316,000 44.6% $284,000 60.9% 238 $1,800,000 SOUTHLAND $259,000 $254,000 2.0% $252,000 2.8% $225,000 15.1% $203,000 27.6% 494 $1,285,000 STRATFORD $273,000 $277,000 -1.4% $250,000 9.2% $234,000 16.7% $210,000 30.0% 179 $1,000,000 TARARUA $202,000 $194,000 4.1% $171,000 18.1% $152,000 32.9% $142,000 42.3% 437 $700,000 TASMAN $599,000 $585,000 2.4% $548,000 9.3% $491,000 22.0% $430,000 39.3% 926 $3,125,000 TAUPO $478,000 $464,000 3.0% $425,000 12.5% $380,000 25.8% $332,000 44.0% 1,330 $2,550,000 TAURANGA $650,000 $641,000 1.4% $624,000 4.2% $606,000 7.3% $486,000 33.7% 2,590 $3,100,000 TIMARU $351,000 $353,000 -0.6% $347,000 1.2% $325,000 8.0% $301,000 16.6% 888 $1,800,000 UPPER HUTT $505,000 $491,000 2.9% $455,000 11.0% $405,000 24.7% $340,000 48.5% 795 $1,957,000 WAIKATO $654,000 $661,000 -1.1% $619,000 5.7% $542,000 20.7% $445,000 47.0% 1,139 $4,078,000 WAIMAKARIRI $487,000 $484,000 0.6% $481,000 1.2% $474,000 2.7% $465,000 4.7% 1,087 $2,650,000 WAIMATE $257,000 $247,000 4.0% $226,000 13.7% $226,000 13.7% $214,000 20.1% 138 $935,000 WAIPA $600,000 $585,000 2.6% $563,000 6.6% $499,000 20.2% $415,000 44.6% 1,042 $2,600,000 WAIROA $145,000 $154,000 -5.8% $135,000 7.4% $112,000 29.5% $114,000 27.2% 86 $850,000 WAITAKI $303,000 $298,000 1.7% $280,000 8.2% $248,000 22.2% $227,000 33.5% 476 $1,150,000 WAITOMO $240,000 $210,000 14.3% $203,000 18.2% $162,500 47.7% $133,000 80.5% 170 $1,300,000 WANGANUI $246,000 $234,000 5.1% $213,000 15.5% $183,000 34.4% $169,000 45.6% 1,172 $1,475,000 WELLINGTON $740,000 $721,000 2.6% $689,000 7.4% $629,000 17.6% $520,000 42.3% 2,736 $4,375,000 WESTLAND $250,000 $241,000 3.7% $250,000 0.0% $237,000 5.5% $225,000 11.1% 150 $700,000 WHAKATANE $581,000 $582,000 -0.2% $535,000 8.6% $467,000 24.4% $387,000 50.1% 556 $1,750,000 WHANGAREI $514,000 $497,000 3.4% $474,000
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