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15 Jun 2021 3:49
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  •   Home > News > Business

    Seatoun and Roseneath are now two-million dollar suburbs

    Seatoun and Roseneath are now two-million dollar suburbs


    QV figures show the two Wellington suburbs are the first in the capital to record average property values of more than two-million dollars.

    Area manger Paul McCorry says Wellington is unique with the upper end of the housing market actually out-performing the entry-level suburbs.

    Although he's questioned whether there even is an entry level in Wellington city anymore, given the average value in the lower quartile is approaching 900-thousand dollars.

    And previously affordable areas to the north of Wellington city - such as Tawa, Johnsonville and Churton Park - have recently passed the one million dollar mark.

    © 2021 Newstalk ZB, NZCity

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