Feature article
There's been a shake-up in NZ's million-dollar property club
While some regions have seen property prices fall, others are booming.
AI summary
New Zealand's million-dollar property club saw a significant shake-up in December. Average prices in Auckland City, Central Otago, and Tasman all dipped back below the $1M mark.
Conversely, both Franklin and Tauranga saw their average property values climb to rejoin the club. For buyers, several regions are presenting opportunities with prices at multi-year lows, including a five-year low in Gisborne and a recent low in Wellington, highlighting a dynamic and varied market.
Goodbye to the million-dollar club
New members of the $1M club
Opportunities: Five-year lows
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