Property

Regions revving up

If you thought the property cycle had peaked across New Zealand, you’ll want to check out the latest value growth stats for the regions.

Monday, September 17th 2018

Porirua has been seeing strong growth.

Property values in parts of New Zealand have stopped growing but some rural outliers have been going great guns over the past year.

In fact, many rural hotspots are experiencing growth of around 20%.

Better still when you look at three-month value rises, there are groupings of towns/suburbs that have experienced up to 8% growth.

The verdict: for some regional locations, the cycle still hasn’t reached its peak.

This is great news for property investors who’ve been priced out of the market in the main cities; for those who want to grow their portfolios despite the LVR restrictions; and for newer investors who want to get a foot on the ladder.

But not all locations are created equal.

It’s important to understand the economic drivers (and therefore stability) of the area you’re investing in and what kinds of tenants you can expect to house.

In this month’s issue of NZ Property Investor magazine, we take a look at the current regional growth hotspots.

CoreLogic have provided a table with the top 20 locations with the highest rate of value growth over the past 12 months; and a table showing top 20 locations with the most growth over the past three months.

Examining these two statistics can give some clues as to the short term and long term movement in the market.

However, it’s equally important to hear from those at the coal face, so we also talked to investors and agents who have the inside scoop on their local market.

To find out what our regional hotspots are, as well the information that you need to know about them, click here to get the digital issue of NZ Property Investor magazine.

Subscribe to NZ Property Investor magazine here to get great stories like this delivered to your mailbox every month.

Comments

No comments yet

Unity First Home Buyer special 3.99
ICBC 4.25
SBS FirstHome Combo 4.29
Co-operative Bank - First Home Special 4.39
TSB Special 4.49
ANZ Special 4.49
ASB Bank 4.49
SBS Bank Special 4.49
Unity Special 4.49
Westpac Special 4.49
Kiwibank Special 4.49
TSB Special 4.49
Westpac Special 4.49
Wairarapa Building Society 4.59
ICBC 4.59
SBS Bank Special 4.65
Unity Special 4.65
ANZ Special 4.65
AIA - Go Home Loans 4.65
ASB Bank 4.65
BNZ - Std 4.65
Nelson Building Society 4.69
SBS Bank Special 4.99
Westpac Special 4.99
ICBC 4.99
TSB Special 5.39
BNZ - Std 5.39
AIA - Go Home Loans 5.39
ASB Bank 5.39
ANZ 5.49
Co-operative Bank - Owner Occ 5.49
Kainga Ora 5.49
SBS Bank 5.59
SBS Construction lending for FHB 3.74
CFML 321 Loans 4.25
AIA - Back My Build 4.44
ICBC 5.39
Heartland Bank - Online 5.45
Co-operative Bank - Owner Occ 5.70
Co-operative Bank - Standard 5.70
ANZ 5.89
TSB Special 5.94
ASB Bank 5.99
Pepper Money Prime 5.99

More Stories

Thursday, October 09th 2025

New rules for meth contaminated houses

REINZ welcomes regulation of methamphetamine contamination in rental housing.

Spending confidence low and likely to fall further

Thursday, September 18th 2025

Spending confidence low and likely to fall further

More than 40% of households who took part in the latest Westpac McDermott Miller Consumer Confidence say their financial position has deteriorated over the past year.

Four decades of 6-7% yearly house price growth ending

Friday, March 21st 2025

Four decades of 6-7% yearly house price growth ending

New Zealander’s reliance on property capital gains in the mid-single digits is at an end.

[TMM Podcast] Yelsa serves up “marine reserve” of property buyers

Friday, January 31st 2025

[TMM Podcast] Yelsa serves up “marine reserve” of property buyers

It’s been years in the making and former real estate agent Mike Harvey is now coming to market with his platform matching buyers and sellers, an offering he says will be a gamechanger for the industry.