News | Business
5 Feb 2026 15:57
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    The average house price in Wellington's Upper Hutt has seen a sharp decline

    The average house price in Wellington's Upper Hutt has seen a sharp decline


    New rating valuations find the value of residential housing in Upper Hutt city has decreased 9.3 percent to 776-thousand dollars since 2022.

    The average land value has decreased 18.2 percent to 438-thousand.

    QV Senior Consultant Jack Whiteman says it's likely just a snapshot in time,as the market was coming off a period of post-pandemic growth during the last valuation.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     05 Feb: The housing market is currently favouring buyers - but that may not last
     05 Feb: House prices are expected to rise as the year goes on - on the back of increased sales activity
     05 Feb: The Government's announced it'll invest in two horticulture developments on under-utilised Maori land in Northland and Waikato
     05 Feb: A record financial result for Christchurch's Lyttelton Port Company
     05 Feb: More uncertainty for dairy farmers who supply Canterbury milk processing firm Synlait
     05 Feb: Auckland and Wellington are bearing the brunt of the latest unexpected rise in unemployment
     04 Feb: A warning we've been burnt by high hopes for economic recovery
     Top Stories

    RUGBY RUGBY
    Super Rugby boss Jack Mesley expects this season's new 50-22 rules to open up defences More...

    BUSINESS BUSINESS
    The housing market is currently favouring buyers - but that may not last More...


     Today's News

    		 Entertainment:
    Brooklyn Beckham and Nicola Peltz held a "magical" crystal ceremony over the weekend to mark the full moon 15:31

     Environment:
    Dunedin City Council's slammed what it calls 'false and misleading' claims about natural hazards in South Dunedin 15:27

     Accident and Emergency:
    Police say a Papamoa woman missing in the Kaimai Range has been found safe and well 15:17

     Entertainment:
    Charli XCX and George Daniel "aren't hedonistic", according to Matty Healy's mother Denise Welch 15:01

     Business:
    The housing market is currently favouring buyers - but that may not last 14:57

     Motoring:
    Road cyclists Ella Wyllie and Finn Fisher-Black have claimed the national time trial crowns in Cambridge 14:37

     Skiing:
    Australians in Japan say ski fields are safe after spate of deaths 14:37

     Entertainment:
    Donald Trump has blasted the Grammy Awards and branded host Trevor Noah a "total loser" 14:31

     International:
    CIA says it will cease publishing the World Factbook, a free online resource used by millions 14:27

     Auckland:
    This central Auckland cottage tells a remarkable tale of the city’s bicultural history 14:17

     News Search




    Power Search

    © 2026 New Zealand City Ltd