Monday 9th April 2012
The NZ Property Report covering March 2012 was interesting reading last week. One thing it did highlight was that Queenstown / Central Otago Lakes still has NZ’s highest seasonally adjusted asking price for a residential property.
They were closely followed by…..no guesses here….. Auckland.
However sitting back, in so called bronze place was another town in NZ, with way less than even 10% of the population of Auckland, and that part of NZ was, my home.
Yes, the Nelson region it was.
March 2012 - NZ Asking Prices (CREDIT - www.realestate.co.nz)
As the chart above depicts, it sure does re-enforce the popularity of the region, and yet again confirms why this issue of Nelson region property pricing dominates local “headlines”, as depicted here in the media earlier this year?
Just to reassure, can there be other reasons?
1] Are we a growing region?
2] With all this up/down motion, is there any stability in Nelson home prices?
3] Population wise, not being a capital city or so, what about the future for house prices in Nelson?
4] David, could there be any other reason to explain why Nelson is so popular?
5] Our main beach, Tahunanui Beach, is one of NZs most popular.
6] On the whole, Nelsonian residents live closer to the sea, than any other place in New Zealand!
You can view the complete NZ Property Report for the whole country online – HERE.