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Rising fuel costs driving Kiwi home buyers closer to city centres
Rising fuel costs are driving Kiwi home buyers to reprioritise their commute, new insights into NZ's property market.
AI summary
A recent Trade Me Property survey reveals rising fuel costs are reshaping how Kiwis search for homes. Buyers are now prioritising location to reduce expensive commutes, moving away from the "drive until you qualify" mindset.
Key findings show 40% of buyers want to be closer to work, while 38% seek homes with easy access to public transport and local amenities. While cycling infrastructure is a bonus, it remains a lower priority for most property hunters.
A recent survey found around 40% of Kiwi are prioritising workplace proximity and homes closer to their jobs.
The daily commute takes center stage
Cycling remains a niche priority
Around 24% of buyers say good cycleways or cycling infrastructure are a priority due to fuel costs.
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