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8 Nov 2025 12:52
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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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     Top Stories

    RUGBY RUGBY
    The closing gap in rugby between the All Blacks and the rest of the world has come as no surprise to former New Zealand coach Sir Steve Hansen, ahead of tomorrow morning's test against Scotland at Murrayfield More...


    BUSINESS BUSINESS
    A construction company will use repeatable designs to churn out new hospital wards across the country More...



     Today's News

    Rugby:
    The closing gap in rugby between the All Blacks and the rest of the world has come as no surprise to former New Zealand coach Sir Steve Hansen, ahead of tomorrow morning's test against Scotland at Murrayfield 12:47

    Rugby:
    Michael Jackson reckons it doesn't matter if you're black or white and Ardie Savea is taking a similar line when it comes to the All Blacks jersey 12:27

    Law and Order:
    An Algerian sex offender has been arrested once again - after being mistakenly released from a London prison over a week ago 11:57

    Golf:
    Kiwi golfer Kazuma Kobori is reeling from a disastrous final hole in his second round at the European Tour's penultimate event in Abu Dhabi 11:37

    Cricket:
    They dared to believe and now this amateur English cricket club is taking on Gambia 11:16

    Law and Order:
    Police have issued dozens of infringement notices following a 200-strong car meet in Lower Hutt's Queensgate last night 11:07

    Health & Safety:
    Offsite manufacturing is set to deliver hospital wards in record time 10:46

    Business:
    A construction company will use repeatable designs to churn out new hospital wards across the country 10:27

    Living & Travel:
    Fog is continuing to cause major disruption at Auckland Airport this morning with 25 regional flights cancelled and others delayed 10:16

    Business:
    How colourism and social media abuse have roiled Pacific beauty pageants 10:06


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