Northern Advocate
  • Northern Advocate home
  • Latest news
  • Business
  • Opinion
  • Lifestyle
  • Sport
  • Property
  • Video
  • Death notices
  • Classifieds

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

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

Locations

  • Far North
  • Kaitaia
  • Kaikohe
  • Bay of Islands
  • Whangārei
  • Kaipara
  • Mangawhai
  • Dargaville

Media

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

Weather

  • Kaitaia
  • Whangārei
  • Dargaville

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 / Northern Advocate

Wellingtonians buying houses in Whangarei

Northern Advocate
2 Mar, 2017 05:00 PM3 mins to read

Subscribe to listen

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

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save
    Share this article
Families from Wellington have become increasingly interested in buying houses in Whangarei in the past six months. PHOTO/JOHN STONE

Families from Wellington have become increasingly interested in buying houses in Whangarei in the past six months. PHOTO/JOHN STONE

Earthquake-wary Wellingtonians seeking some stability are the latest players in Whangarei's booming property market where prices have risen on average nearly 23 per cent in the past year.

The latest monthly QV house price index shows nationwide residential property values for February increased 13.5 per cent over the past year but when adjusted to inflation, the annual increase dropped slightly to 12 per cent.

Kaipara saw the biggest increase in house values of 25.3 per cent in the past 12 months to February this year, with the average current value at $470,913.

In Whangarei, the average value of a house is $468,033 - a 19.4 per cent annual increase, while a 20.8 per cent hike in the Far North has pushed the average to $399,780.

Graham Lester of Maggie Dixon real estate in Whangarei said before the Loan to Value Ratio (LVR) restrictions the Reserve Bank put in place kicked in late last year, Auckland investors were buying properties in Northland and now that interest has extended further south.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

"We've had a lot of people come up from Wellington to settle in Whangarei since the earthquakes became more pronounced. Also, they've had the worst summer and we've had the best."

Mr Lester said he could not divulge how many families from Wellington have bought houses in Whangarei recently because of commercial sensitivity but said there have been several in the past six months.

"A lot have families up here and some have well established jobs or businesses and can easily relocate and work remotely."

Advertisement
Advertise with NZME.

He said with so much development on the Northland housing front, coupled with a population increase, the region was poised to do well in the housing market in future.

The latest trend in houses prices in Northland and more people moving north would regrettably put further squeeze on first-home buyers, he said.

Paul Beazley of L J Hooker Whangarei said properties in Whangarei were still reasonably-priced even though the value of houses has increased.

Kaipara Mayor Greg Gent said the east with areas like Mangawhai and the western towns of Dargaville and Ruawai have different buying and selling trends.

He said although Mangawhai was doing well particularly for Auckland buyers, the western towns were increasingly popular for retirees wanting a quieter life.

The Government's migration policy, he said, would have a huge effect on house prices in Kaipara as well as Northland.

According to QV, regions in the North Island to see the highest percentage value growth over the past three months were Kaipara, Far North, Rangitikei and Kawerau with house prices up more than 8 per cent over the past three months.

Save
    Share this article

Latest from Northern Advocate

OpinionJoe Bennett

Joe Bennett: How digital money is changing everyday banking

21 Nov 03:45 PM
Northern Advocate

‘A huge surprise’: Northlanders named among local hero medallists

21 Nov 04:30 AM
Northern Advocate

Rāhui scaled back as search for missing man nears 'last stages'

21 Nov 02:00 AM

Sponsored

Kiwi campaign keeps on giving

07 Sep 12:00 PM
Advertisement
Advertise with NZME.

Latest from Northern Advocate

Joe Bennett: How digital money is changing everyday banking
Joe Bennett
OpinionJoe Bennett

Joe Bennett: How digital money is changing everyday banking

OPINION: A visit to a cashless bank reveals how far everyday banking has shifted.

21 Nov 03:45 PM
‘A huge surprise’: Northlanders named among local hero medallists
Northern Advocate

‘A huge surprise’: Northlanders named among local hero medallists

21 Nov 04:30 AM
Rāhui scaled back as search for missing man nears 'last stages'
Northern Advocate

Rāhui scaled back as search for missing man nears 'last stages'

21 Nov 02:00 AM


Kiwi campaign keeps on giving
Sponsored

Kiwi campaign keeps on giving

07 Sep 12:00 PM
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
  • The Northern Advocate e-edition
  • Manage your print subscription
  • Manage your digital subscription
  • Subscribe to Herald Premium
  • Subscribe to the Northern Advocate
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The Northern Advocate
  • The New Zealand Herald
  • The Northland Age
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • © Copyright 2025 NZME Publishing Limited
TOP