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10 Nov 2025 10:33
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      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.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    		 Christchurch:
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     Politics:
    New report calls on state government to convert Brisbane 2032 Athletes' Village into social housing 10:27

     Health & Safety:
    How scientists are hacking bacteria to treat cancer, self-destruct, then vanish without a trace 10:27

     International:
    Top BBC bosses resign over edit of Donald Trump documentary 10:17

     Health & Safety:
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     National:
    James Watson exemplified the best and worst of science – from monumental discoveries to sexism and cutthroat competition 10:07

     Rugby:
    Confirmation from the All Blacks they'll be without winger Caleb Clarke for Sunday's third grand slam test against England at Twickenham 10:07

     Motoring:
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     Environment:
    A huge wildfire continues to burn through Tongariro National Park - with the cause still not known 9:27

     Motorsports:
    To the Interlagos race circuit in Brazil 8:07

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