Feature article

Wellington property market update: Pōneke is finding its groove

More listings, easing rents, and a market quietly building momentum.

Hannah Hilliam
Last updated: 1 May 2026 | 3 min read
Wellington property pricing trends
ValueMoM%YoY%
Average Asking PriceAverage Asking Price$849,300$849,300+12.20%+12.20%+1.00%+1.00%
Average Weekly RentAverage Weekly Rent$666$666+0.70%+0.70%-4.90%-4.90%

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Hannah Hilliam Hannah Hilliam
Content Writer