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22 Oct 2025 8:08
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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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     21 Oct: One of our largest electricity companies says lines charges are the biggest factor driving up power bills
     21 Oct: Building a home is a lot more expensive now than it was a decade ago
     21 Oct: The value from the upcoming public transport ticketing system is falling
     20 Oct: Belief inflation's peaked - and it's all downhill from here
     Top Stories

    RUGBY RUGBY
    The stand-off between Silver Ferns coach Dame Noeline Taurua and Netball New Zealand has brought the government and opposition off the bench, calling for the impasse to end More...

    BUSINESS BUSINESS
    Praise for the Government's loosening of climate reporting rules More...


     Today's News

    		 Entertainment:
    Jacob Elordi enjoyed a "liberating" experience making the third season of Euphoria 8:00

     Politics:
    The stand-off between Silver Ferns coach Dame Noeline Taurua and Netball New Zealand has brought the government and opposition off the bench, calling for the impasse to end 7:57

     Law and Order:
    A Christchurch farm park's devastated after six rabbits have been stolen in two weeks 7:57

     Business:
    Praise for the Government's loosening of climate reporting rules 7:47

     Entertainment:
    Kevin Costner's ex-wife Christine Baumgartner has remarried almost two years after her divorce from the actor was finalised 7:30

     Netball:
    Silver Ferns defender Parris Mason has returned to the side's match-day squad for the second Constellation Cup netball test against Australia in Sydney tonight 7:27

     Rugby League:
    Reece Walsh will make his debut for Australia in Sunday's opening Ashes league test against England at Wembley Stadium in London 7:17

     Law and Order:
    Police are vowing to get justice for Baby Ru - two years on from the Lower Hutt infant's death 7:07

     Entertainment:
    Sharon Osbourne is mourning the death of her beloved dog Elvis just three months after she lost her husband Ozzy Osbourne 7:00

     Entertainment:
    King Charles has secretly recorded a podcast episode with Cate Blanchett 6:30

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