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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