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10 Oct 2025 17:50
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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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    The NPC quarter-finals kick off in Dunedin tonight, with Otago hoping to continue their rugby resurgence as they host Waikato More...

    BUSINESS BUSINESS
    A tech expert says any sale of the public stake in Chorus should be reinvested into the industry More...


     Today's News

    		 Law and Order:
    Calls for a Government crackdown on some temporary pools, after five deaths in the past decade 17:47

     Politics:
    Labour claims a promise isn't being kept - as the Government mulls selling its stake in Chorus 17:37

     Rugby League:
    The NPC quarter-finals kick off in Dunedin tonight, with Otago hoping to continue their rugby resurgence as they host Waikato 17:27

     Entertainment:
    Offset has confessed to "stepping out" on Cardi B during their marriage 17:26

     Rugby League:
    Coach Darren Bazeley feels his All Whites are almost where they need to be physically and skills-wise - but another mental level may be needed 16:57

     Entertainment:
    Scott Wolf has thanked his fans for their "love and support" as he confirmed his return to Doc 16:56

     Environment:
    Heavy rain's lashing the South Island's West Coast, closing state highways 16:47

     Environment:
    Warnings deadly tsunami waves are possible in Southeast Asia, after a 7.6 magnitude earthquake in the Philippines 16:37

     Entertainment:
    Dolly Parton's sister has asked fans to pray for the country music legend 16:26

     Politics:
    Israeli government approves phase one of Gaza ceasefire and hostage deal 16:07

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