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12 Oct 2025 14:23
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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

    		 Rugby:
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     Rugby League:
    Mission complete for Jared Waerea-Hargreaves as he closes the curtain on his rugby league career 13:47

     Law and Order:
    A swift response by Wellington Police, has put the brakes on a gathering of boy racers 13:47

     International:
    Benjamin Netanyahu booed as Steve Witkoff speaks ahead of return of hostages 13:37

     Politics:
    The Government announcing a range of environmental policy changes 13:27

     Environment:
    It's a wet and windy day for many parts of the country, with the lower North Island and the Canterbury High Country bearing the worst of it 12:27

     International:
    Jared Kushner, Trump's son-in-law, was a key player in the Israel-Hamas peace deal 12:27

     Health & Safety:
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     Motorsports:
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     Rugby League:
    Kiwi league giant Jared Waerea-Hargreaves is the toast of East Yorkshire after setting the platform for Hull KR to win the Super League grand final 11:17

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