Whanganui Chronicle
  • Whanganui Chronicle home
  • Latest news
  • Sport
  • Business
  • Opinion
  • Lifestyle
  • Property
  • Death notices
  • Classifieds

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • On The Up
  • Sport
  • Business
  • Opinion
  • Lifestyle
  • Property
    • All Property
    • Residential property listings
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology

Locations

  • Taranaki
  • National Park
  • Whakapapa
  • Ohakune
  • Raetihi
  • Taihape
  • Marton
  • Feilding
  • Palmerston North

Media

  • Video
  • Photo galleries
  • Today's Paper - E-Editions
  • Photo sales
  • Classifieds

Weather

  • New Plymouth
  • Whanganui
  • Palmertson North
  • Levin

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Whanganui Chronicle

Property prices on the increase

By Kim Fulton
Whanganui Chronicle·
14 Mar, 2016 08:26 PM2 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

ON THE UP: House prices in Springvale rose 5.2 per cent in the last quarter of 2015 which doesn't surprise Philip Kubiak (above).

ON THE UP: House prices in Springvale rose 5.2 per cent in the last quarter of 2015 which doesn't surprise Philip Kubiak (above).

House values are rising in suburbs across Whanganui - and Springvale is leading the way.

The QV quarterly analysis of North Island property values shows Springvale experienced the biggest increase of all Whanganui suburbs over the final quarter of last year.

The median value of a Springvale property increased 5.2 per cent to an estimated median value of $236,300 over the quarter.

St John's Hill was the most expensive suburb to buy into, with an estimated median value of $287,850 at the end of December. That value increased 4.9 per cent over the quarter.

The cheapest suburb was Castlecliff with an average value of $114,050, up 2 per cent throughout the quarter.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

Aramoho was the only Whanganui suburb where house values declined, dropping 2.5 per cent to $143,950 over the quarter.

Property Brokers Whanganui branch manager Philip Kubiak said Springvale was traditionally a very popular suburb and still reasonably affordable.

It wasn't surprising values had risen in the suburb, given sales numbers.

Advertisement
Advertise with NZME.

Property Brokers had a record 52 unconditional sales across Whanganui for the month of February. The previous record had been 41.

March sales had also been strong, he said.

St John's Hill was a very sought after suburb, and many people who were trading up or moving had gravitated towards it for its high standard of housing and schooling, Mr Kubiak said.

He felt the odd mortgage sale could have kept values down in Castlecliff, where housing was traditionally of lower value.

"We're just hopeful that the trend is reversed out there, because it's a nice suburb by the sea."

If the trend of good sales continued, he expected values in Aramoho to also increase in line with other suburbs as there were some nice properties in that area.

Save

    Share this article

Latest from Whanganui Chronicle

Whanganui Chronicle

RSA 'alive and well' despite premises closure

11 Jul 06:00 PM
Whanganui Chronicle

‘Everyone went silent’: Whanganui Youth MP speaks in Parliament

11 Jul 05:00 PM
Opinion

Shelley Loader: How we can all get a share of the apples

11 Jul 05:00 PM

From early mornings to easy living

sponsored
Advertisement
Advertise with NZME.

Latest from Whanganui Chronicle

RSA 'alive and well' despite premises closure

RSA 'alive and well' despite premises closure

11 Jul 06:00 PM

Former members are 'more than welcome' to return, RSA Welfare Trust president says.

‘Everyone went silent’: Whanganui Youth MP speaks in Parliament

‘Everyone went silent’: Whanganui Youth MP speaks in Parliament

11 Jul 05:00 PM
Shelley Loader: How we can all get a share of the apples

Shelley Loader: How we can all get a share of the apples

11 Jul 05:00 PM
Major Joanna Margaret Paul exhibition opens

Major Joanna Margaret Paul exhibition opens

11 Jul 05:00 PM
Solar bat monitors uncover secrets of Auckland’s night sky
sponsored

Solar bat monitors uncover secrets of Auckland’s night sky

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • Whanganui Chronicle e-edition
  • Manage your print subscription
  • Manage your digital subscription
  • Subscribe to Herald Premium
  • Subscribe to the Whanganui Chronicle
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • Whanganui Chronicle
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • NZME Events
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • © Copyright 2025 NZME Publishing Limited
TOP