QV Residential price movement report

City / Region

March 2006 Property Value Growth %

Feb 2006
Property Value
Growth %

March 2006 Average sale price

(Annual % Change)

(Annual % change)

Far North

20.8

21

$303,054

Whangarei

29.9

30.6

$305,239

Kaipara

27.9

29.4

$251,040

Rodney

9

9.5

$445,699

- Hibiscus Coast

8.3

7.2

$441,407

- Rodney (North)

9.9

12.5

$450,930

North Shore City (A) #

13.1

14

$504,418

- Coastal North Shore

13.5

14.9

$566,453

- North Shore Onewa

13.6

14.3

$415,581

- North Harbour

7.5

7.7

$522,385

Waitakere City (A) #

12.2

12.7

$358,372

Auckland City (A) #

9.4

10.5

$510,117

- Auckland City (Central)

3.5

4.5

$478,350

- Auckland City (East)

10.3

11.5

$624,543

- Auckland City (South)

9.9

11.1

$441,905

- Islands

24.1

13.4

$559,524

Manukau City (A) #

14.5

13.6

$366,094

- Manukau East

12.1

11.4

$480,487

- Manukau Central

16.5

17.5

$293,973

- Manukau North West

17.2

14.9

$316,333

Papakura (A) #

16.5

16.6

$305,084

Franklin

15.2

17.3

$328,482

Thames Coromandel

11

13.4

$371,278

Hauraki

26.1

23.4

$203,154

Waikato

29.7

31.3

$228,520

Matamata Piako

34

35

$233,352

Hamilton #

25.1

25.6

$316,138

- Hamilton North East

22.1

22.5

$400,217

- Central City/North West

25.4

27.5

$293,928

- Hamilton South East

24.8

25.5

$301,063

- Hamilton South West

30.1

30.4

$272,659

Waipa

29.1

29.5

$291,502

Otorohanga

41.4

48.7

$179,417

South Waikato

34.3

36.5

$112,108

Waitomo

44

41.7

$126,720

Taupo

7.8

8.8

$372,933

Western Bay of Plenty

18.5

26.8

$375,000

Tauranga #

11.3

12.7

$393,161

Rotorua

31.5

32

$235,235

Whakatane

23.9

29.6

$324,623

Kawerau

31.7

51.7

$122,775

Opotiki

18.3

28.4

$214,371

Gisborne

35.2

20.1

$228,289

Wairoa

38.5

39.4

$142,971

Hastings

12

13.1

$274,486

Napier City #

13.6

14.6

$308,307

Central Hawkes Bay

18.2

24

$171,244

New Plymouth

14.7

15.8

$288,073

Stratford

25.8

34.3

$297,500

South Taranaki

26.7

31.4

$153,121

Ruapehu

48

46

$124,788

Wanganui

30.2

30.3

$168,522

Rangitikei

34.3

34.4

$130,795

Manawatu

22.4

22.9

$199,595

Palmerston North #

20.9

20.6

$250,385

Tararua

30

31.4

$127,617

Horowhenua

21.3

23.9

$180,271

Kapiti Coast

17.4

19.1

$305,880

Porirua (W) #

14.6

14.4

$329,375

Upper Hutt (W) #

19.4

17.5

$286,778

Lower Hutt (W) #

14.9

14.6

$285,638

Wellington City (W) #

12.6

13

$427,960

- Wellington City & Southern

12.4

12.5

$421,132

- Eastern Suburbs

10.8

10.8

$474,038

- North Wellington

14.7

16

$396,428

- Western Suburbs

11.8

11.7

$462,236

Masterton

19.1

21

$204,150

Carterton

18.4

18.8

$216,680

South Wairarapa

17

20.2

$241,145

Tasman

9.3

8

$331,294

Nelson #

4.5

5.9

$303,893

Marlborough

14

15.4

$293,422

Kaikoura

8.9

13

$338,914

Buller

22.2

27.3

$151,625

Grey

20.6

22.4

$182,909

Westland

23.7

$159,498

Hurunui

14.6

13.7

$254,300

Waimakariri

16.7

17.6

$298,117

Christchurch City #

15.9

17.5

$320,549

- East

17.2

18

$262,259

- Hills

13.5

17.6

$430,209

- Central City and North

14.3

16.3

$378,676

- Southwest

18.4

19

$298,677

Banks Peninsula

22.3

17.8

$378,255

Selwyn

N/A

N/A

$288,845

Ashburton

N/A

N/A

Timaru

20.1

23.4

$195,790

MacKenzie

27.3

30.9

$207,647

Waimate

21.8

22.9

$151,242

Waitaki

10.2

10

$171,551

Central Otago

11.1

11.4

$257,729

Queenstown Lakes

12.2

14

$503,935

Dunedin #

10.4

9.8

$250,293

- Central/Northern City

8.3

7.2

$259,729

- Peninsular/Coastal Dunedin

10.5

9.8

$216,134

- Southern City

9.4

10.4

$247,586

- Taieri

15.1

14.7

$251,579

Clutha

30.1

31.5

$146,919

Southland

10.2

11.5

$140,777

Gore

8.2

16

$118,029

Invercargill #

13.9

13.5

$143,426

Total NZ

14.8

15.3

$325,232

Auckland Region (A)

11.8

12.3

$424,879

Wellington Region (W)

13.9

14

$358,234

Main Urban Areas #

12.8

13.4

$360,376