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26 Apr 2024 22:00
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      Home > News > Business

    Home-buyers and property investors are paying top dollar - for houses in some unexpected places

    Home-buyers and property investors are paying top dollar - for houses in some unexpected places


    The latest figures from the Real Estate Institute show houses in Gisborne are selling for a whopping 71 percent higher than their capital value - while houses in Southland are 43 percent higher.

    OneRoof editor Owen Vaughan says it's being driven by issues in nearby hubs.

    He says buyers in Auckland and Dunedin are being edged out by high prices and low stock.

    © 2024 Newstalk ZB, NZCity

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    The Chiefs are preparing for a tough physical match-up, when they take on the Waratahs in Sydney More...

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    New Zealanders saw the second-largest tax hike in the developed world last year More...


     Today's News

    		 Politics:
    Hospitals across the country have been asked to make millions in savings to bring them back to budget 21:57

     Law and Order:
    25 years after the murder of BBC presenter Jill Dando on her front doorstep, unanswered questions remain 21:47

     Environment:
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     Rugby:
    The Chiefs are preparing for a tough physical match-up, when they take on the Waratahs in Sydney 18:57

     Rugby:
    The Chiefs are confident they'll be able to get a result in Sydney tonight without captain Luke Jacobson 18:37

     Business:
    New Zealanders saw the second-largest tax hike in the developed world last year 18:07

     Rugby:
    Confidence from the Crusaders coach, heading into tonight's must-win home game against the Melbourne Rebels in Christchurch 17:27

     Law and Order:
    Rose McGowan, Ashley Judd and others react to the overturning of Harvey Weinstein's 2020 rape conviction 17:27

     Environment:
    Severe thunderstorms are forecast for Canterbury this evening 16:58

     Rugby:
    The Crusaders coach isn't mincing his words about the Super Rugby Pacific champions' situation 16:58

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