QV Residential price movement report
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City / Region |
March 2006 Property Value Growth % |
Feb 2006 |
March 2006 Average sale price |
(Annual % Change) |
(Annual % change) |
||
Far North |
20.8 |
21 |
$303,054 |
Whangarei |
29.9 |
30.6 |
$305,239 |
Kaipara |
27.9 |
29.4 |
$251,040 |
Rodney |
9 |
9.5 |
$445,699 |
- Hibiscus Coast |
8.3 |
7.2 |
$441,407 |
- Rodney (North) |
9.9 |
12.5 |
$450,930 |
North Shore City (A) # |
13.1 |
14 |
$504,418 |
- Coastal North Shore |
13.5 |
14.9 |
$566,453 |
- North Shore Onewa |
13.6 |
14.3 |
$415,581 |
- North Harbour |
7.5 |
7.7 |
$522,385 |
Waitakere City (A) # |
12.2 |
12.7 |
$358,372 |
Auckland City (A) # |
9.4 |
10.5 |
$510,117 |
- Auckland City (Central) |
3.5 |
4.5 |
$478,350 |
- Auckland City (East) |
10.3 |
11.5 |
$624,543 |
- Auckland City (South) |
9.9 |
11.1 |
$441,905 |
- Islands |
24.1 |
13.4 |
$559,524 |
Manukau City (A) # |
14.5 |
13.6 |
$366,094 |
- Manukau East |
12.1 |
11.4 |
$480,487 |
- Manukau Central |
16.5 |
17.5 |
$293,973 |
- Manukau North West |
17.2 |
14.9 |
$316,333 |
Papakura (A) # |
16.5 |
16.6 |
$305,084 |
Franklin |
15.2 |
17.3 |
$328,482 |
Thames Coromandel |
11 |
13.4 |
$371,278 |
Hauraki |
26.1 |
23.4 |
$203,154 |
Waikato |
29.7 |
31.3 |
$228,520 |
Matamata Piako |
34 |
35 |
$233,352 |
Hamilton # |
25.1 |
25.6 |
$316,138 |
- Hamilton North East |
22.1 |
22.5 |
$400,217 |
- Central City/North West |
25.4 |
27.5 |
$293,928 |
- Hamilton South East |
24.8 |
25.5 |
$301,063 |
- Hamilton South West |
30.1 |
30.4 |
$272,659 |
Waipa |
29.1 |
29.5 |
$291,502 |
Otorohanga |
41.4 |
48.7 |
$179,417 |
South Waikato |
34.3 |
36.5 |
$112,108 |
Waitomo |
44 |
41.7 |
$126,720 |
Taupo |
7.8 |
8.8 |
$372,933 |
Western Bay of Plenty |
18.5 |
26.8 |
$375,000 |
Tauranga # |
11.3 |
12.7 |
$393,161 |
Rotorua |
31.5 |
32 |
$235,235 |
Whakatane |
23.9 |
29.6 |
$324,623 |
Kawerau |
31.7 |
51.7 |
$122,775 |
Opotiki |
18.3 |
28.4 |
$214,371 |
Gisborne |
35.2 |
20.1 |
$228,289 |
Wairoa |
38.5 |
39.4 |
$142,971 |
Hastings |
12 |
13.1 |
$274,486 |
Napier City # |
13.6 |
14.6 |
$308,307 |
Central Hawkes Bay |
18.2 |
24 |
$171,244 |
New Plymouth |
14.7 |
15.8 |
$288,073 |
Stratford |
25.8 |
34.3 |
$297,500 |
South Taranaki |
26.7 |
31.4 |
$153,121 |
Ruapehu |
48 |
46 |
$124,788 |
Wanganui |
30.2 |
30.3 |
$168,522 |
Rangitikei |
34.3 |
34.4 |
$130,795 |
Manawatu |
22.4 |
22.9 |
$199,595 |
Palmerston North # |
20.9 |
20.6 |
$250,385 |
Tararua |
30 |
31.4 |
$127,617 |
Horowhenua |
21.3 |
23.9 |
$180,271 |
Kapiti Coast |
17.4 |
19.1 |
$305,880 |
Porirua (W) # |
14.6 |
14.4 |
$329,375 |
Upper Hutt (W) # |
19.4 |
17.5 |
$286,778 |
Lower Hutt (W) # |
14.9 |
14.6 |
$285,638 |
Wellington City (W) # |
12.6 |
13 |
$427,960 |
- Wellington City & Southern |
12.4 |
12.5 |
$421,132 |
- Eastern Suburbs |
10.8 |
10.8 |
$474,038 |
- North Wellington |
14.7 |
16 |
$396,428 |
- Western Suburbs |
11.8 |
11.7 |
$462,236 |
Masterton |
19.1 |
21 |
$204,150 |
Carterton |
18.4 |
18.8 |
$216,680 |
South Wairarapa |
17 |
20.2 |
$241,145 |
Tasman |
9.3 |
8 |
$331,294 |
Nelson # |
4.5 |
5.9 |
$303,893 |
Marlborough |
14 |
15.4 |
$293,422 |
Kaikoura |
8.9 |
13 |
$338,914 |
Buller |
22.2 |
27.3 |
$151,625 |
Grey |
20.6 |
22.4 |
$182,909 |
Westland |
23.7 |
$159,498 |
|
Hurunui |
14.6 |
13.7 |
$254,300 |
Waimakariri |
16.7 |
17.6 |
$298,117 |
Christchurch City # |
15.9 |
17.5 |
$320,549 |
- East |
17.2 |
18 |
$262,259 |
- Hills |
13.5 |
17.6 |
$430,209 |
- Central City and North |
14.3 |
16.3 |
$378,676 |
- Southwest |
18.4 |
19 |
$298,677 |
Banks Peninsula |
22.3 |
17.8 |
$378,255 |
Selwyn |
N/A |
N/A |
$288,845 |
Ashburton |
N/A |
N/A |
|
Timaru |
20.1 |
23.4 |
$195,790 |
MacKenzie |
27.3 |
30.9 |
$207,647 |
Waimate |
21.8 |
22.9 |
$151,242 |
Waitaki |
10.2 |
10 |
$171,551 |
Central Otago |
11.1 |
11.4 |
$257,729 |
Queenstown Lakes |
12.2 |
14 |
$503,935 |
Dunedin # |
10.4 |
9.8 |
$250,293 |
- Central/Northern City |
8.3 |
7.2 |
$259,729 |
- Peninsular/Coastal Dunedin |
10.5 |
9.8 |
$216,134 |
- Southern City |
9.4 |
10.4 |
$247,586 |
- Taieri |
15.1 |
14.7 |
$251,579 |
Clutha |
30.1 |
31.5 |
$146,919 |
Southland |
10.2 |
11.5 |
$140,777 |
Gore |
8.2 |
16 |
$118,029 |
Invercargill # |
13.9 |
13.5 |
$143,426 |
Total NZ |
14.8 |
15.3 |
$325,232 |
Auckland Region (A) |
11.8 |
12.3 |
$424,879 |
Wellington Region (W) |
13.9 |
14 |
$358,234 |
Main Urban Areas # |
12.8 |
13.4 |
$360,376 |
If a City or Region is shown in italics with an * this indicates the values for this area may not be statistically accurate as they are based on a low volume of sales
N/A - indicates that either there were too few sales to report a Property Value Growth % or that the data for this period was unavailable
The information included in the above table is calculated based on the sales data entered into QV's system for the previous three-month period. For example, information for the period ending June will be calculated based on sales entered between April 1 and June 30.
Property Value Growth is the annual % change in residential property values, calculated using QV's House Price Index methodology. The residential sales entered into QV's system for the previous three- month period are compared to the same period of the previous year to identify the annual percentage change in residential property values. Average sale prices are calculated based on residential sales entered into QV's system for the previous three-month period.