Where to buy property

Kaipara District, in the Northland region had two top performing suburbs over the past quarter, with values in Maungaturoto and Kaiwaka up 4.7% and 3.5% respectively. CoreLogic’s Mapping the Market tool reveals.

Over the past year, the lower half of the South Island has also shown good value with prices increasing in 33 suburbs by at least 2%.

Across the country, the 128 suburbs where prices have increased point to a market that could be near the bottom, says Kelvin Davidson, CoreLogic’s chief property economist. Seventy one of these suburbs had a median value increase of at least 0.5%.

The mapping tool details insights into the three and 12-month change in values across 917 suburbs nationally.