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10 Dec 2025 6:29
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      Home > News > National > Wellington

    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

     Other Wellington News
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     08 Dec: Two more arrests - over the death of a man who died in hospital after being stabbed in Auckland's Mount Wellington on Friday
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