Key Market Insights
🎯 Exceptional Buying Opportunity
Wellington house prices are currently 5.78% below their long-term average,
presenting a market correction that could benefit strategic buyers entering the market now.
Source: REINZ House Price Index Analysis
📈 Strong Future Growth Potential
Porirua City is projected to experience the highest population growth
at 13.04% over the next 25 years, indicating robust future housing demand and investment potential.
Source: Statistics New Zealand Population Projections
💰 Undervalued Market Opportunity
Wellington City appears undervalued by 13.92% compared to fundamental indicators,
suggesting higher confidence in price appreciation over the next 5-10 years.
Source: MBIE Housing Market Analysis
🏠 Significant District Price Variance
The median price difference between Wellington City ($886,500) and Masterton District ($500,000)
represents a $386,500 gap, offering diverse investment entry points.
Source: realestate.co.nz Market Data
Market Performance Metrics
$795,000
Median House Price
The median price across Wellington suburbs. Half of properties sell above/below this value.
6.98percent
Annual Growth Rate
Average yearly price increase over the last 10 years (2015-2025).
-5.78percent
Compared to Long-term Average
Prices are nearly 6% below the long-term trend, indicating a potential correction.
$39,000
Average Annual Gain
Yearly property value increase over previous decade.
Suburb Price Comparison
Premium Suburbs
Affordable Entry Points
Growth Performance Leaders
Totara Park
Growth Champion
+3.0% annually
Stokes Valley
Strong Performer
+2.89% annually
Woodridge
Solid Growth
+2.85% annually
Featherston
Market Correction
-7.0% annually
Wellington Central
Price Adjustment
-5.03% annually
Eastbourne
Market Softening
-2.92% annually