Wellington Residential Report

The long-term trend for residential prices in Wellington has been very positive. Even though prices eased in January 2003, they have recovered in February 2003 and are up 56% from seven years ago, according to Real Estate Institute of New Zealand (REINZ) statistics...

Tuesday, May 13th 2003, 11:20PM

by The Landlord

Wellington's apartment market has been a rapidly developing sector over recent years, and has become a significant part of Wellington's residential property market. The concept of high rise inner-city living has appealed to many purchasers and renters, and increasing interest continues to be an underlying driver of this market's growth. Wellington's apartment market is quickly maturing and is poised for significant growth over the next 24-month period...

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« March housing consents hit a 26-year high

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Special Offers

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Lender

Flt

1yr

2yr

3yr

AIA - Back My Build

3.34

AIA - Go Home Loans

6.14

▲4.75

5.25

5.29

ANZ

6.04

▲5.39

5.89

6.09

ANZ Blueprint to Build

7.39

ANZ Good Energy

1.00

ANZ Special

▲4.79

5.29

5.49

ASB Bank

6.04

▲4.75

5.25

5.29

ASB Better Homes Top Up

1.00

Avanti Finance - Near Prime

6.60

Avanti Finance - Specialised

7.75

Basecorp Finance

6.35

Lender

Flt

1yr

2yr

3yr

BNZ - Mortgage One

6.19

BNZ - Rapid Repay

6.19

BNZ - Std

6.09

4.79

5.29

BNZ - TotalMoney

6.19

CFML 321 Loans

4.20

CFML Home Loans

6.30

CFML Prime Loans

6.45

CFML Standard Loans

7.20

China Construction Bank

6.44

4.85

4.95

China Construction Bank Special

6.44

5.85

5.95

Co-operative Bank - First Home Special

4.69

5.19

5.39

Lender

Flt

1yr

2yr

3yr

Co-operative Bank - Owner Occ

5.34

4.79

5.29

5.49

Co-operative Bank - Standard

5.34

5.29

5.79

5.99

Credit Union Auckland

7.70

First Credit Union Special

5.09

5.49

First Credit Union Standard

6.49

5.69

6.09

Heartland Bank - Online

5.80

5.89

Heartland Bank - Reverse Mortgage

7.99

Heretaunga Building Society

6.50

5.50

5.65

ICBC

5.39

4.49

4.99

5.25

Kainga Ora

5.79

4.59

4.95

5.19

Kainga Ora - First Home Buyer Special

Lender

Flt

1yr

2yr

3yr

6.00

5.65

6.09

6.19

Kiwibank - Offset

6.00

Kiwibank Special

5.75

4.75

5.19

5.39

Liberty

6.65

6.55

6.22

6.20

Nelson Building Society

6.49

4.69

5.09

Pepper Money Near Prime

6.55

Pepper Money Prime

5.99

Pepper Money Specialist

8.00

SBS Bank

5.84

5.29

5.89

SBS Bank Special

4.69

5.29

SBS Construction lending for FHB

Lender

Flt

1yr

2yr

3yr

SBS FirstHome Combo

3.29

4.19

SBS FirstHome Combo

SBS Unwind reverse equity

7.99

TSB Bank

6.59

5.49

6.05

6.29

TSB Special

5.79

4.69

5.25

5.49

Unity First Home Buyer special

4.15

Unity Special

5.79

4.80

5.29

Unity Standard

5.79

5.60

6.29

Wairarapa Building Society

6.15

4.95

5.45

Westpac

6.14

▲5.59

▲6.05

▲5.95

Westpac Choices Everyday

6.24

Lender

Flt

1yr

2yr

3yr

Westpac Offset

6.14

Westpac Special

▲4.99

▲5.45

▲5.35

Median

6.17

4.85

5.37

5.39

NZ's Financial Adviser News Centre

News

Wellington Residential Report

The long-term trend for residential prices in Wellington has been very positive. Even though prices eased in January 2003, they have recovered in February 2003 and are up 56% from seven years ago, according to Real Estate Institute of New Zealand (REINZ) statistics...

Tuesday, May 13th 2003, 11:20PM

Commenting is closed