QV House Price Index - Residential Property
Time period: Feburary 2016
Territorial authority

#A

#A
#A

#A

#A

#

#

Far North
Whangarei
Kaipara
Auckland - Rodney
Rodney - Hibiscus Coast
Rodney - North
Auckland - North Shore
North Shore - Coastal
North Shore - Onewa
North Shore - North Harbour
Auckland - Waitakere
Auckland - City
Auckland City - Central
Auckland_City - East
Auckland City - South
Auckland City - Islands
Auckland - Manukau
Manukau - East
Manukau - Central
Manukau - North West
Auckland - Papakura
Auckland - Franklin
Thames Coromandel
Hauraki
Waikato
Matamata Piako
Hamilton
Hamilton - North East
Hamilton - Central & North West
Hamilton - South East
Hamilton - South West
Waipa
Otorohanga
South Waikato
Waitomo
Taupo
Western BOP
Tauranga
Rotorua
Whakatane
Kawerau

Average 12 month
change%
current
value
330,904
8.2%
391,863
14.6%
375,875
8.6%
825,031
17.5%
809,752
15.8%
842,525
19.5%
1,076,158
16.4%
1,221,820
15.2%
867,482
16.1%
1,057,472
20.2%
731,065
18.4%
1,088,811
16.0%
952,291
17.4%
1,357,985
15.4%
986,470
16.3%
889,594
9.3%
789,940
21.1%
1,013,423
18.4%
613,843
24.4%
675,482
23.2%
604,103
27.2%
585,815
19.9%
556,286
7.4%
278,539
12.0%
358,202
22.8%
317,258
10.7%
455,966
22.0%
574,269
22.0%
426,919
23.3%
419,430
20.7%
403,716
23.4%
403,248
14.2%
N/A N/A
146,188
14.2%
N/A
N/A
372,261
8.8%
484,340
13.4%
564,547
22.3%
299,964
10.2%
315,504
6.2%
114,965
4.8%

 Territorial authority
Opotiki
Gisborne
Wairoa
Hastings
# Napier
Central Hawkes Bay
New Plymouth
Stratford
South Taranaki
Ruapehu
Whanganui
Rangitikei
Manawatu
# Palmerston North
Tararua
Horowhenua
Kapiti Coast
#W Porirua
#W Upper Hutt
#W Hutt
#W Wellington
Wellington - Central & South
Wellington - East
Wellington - North
Wellington - West
Masterton
Carterton
South Wairarapa
Tasman
# Nelson
Marlborough
Kaikoura
Buller
Grey
Westland
Hurunui
Waimakariri
# Christchurch
Christchurch - East
Christchurch - Hills
Christchurch - Central & North
Christchurch - Southwest
Christchurch - Banks Peninsula
Selwyn
Ashburton

Average 12 month
current
change%
value
221,279
11.7%
232,442
1.9%
N/A N/A
326,092
8.7%
352,995
7.1%
230,431
10.5%
373,554
5.1%
209,691
10.5%
187,483
2.7%
136,359
2.4%
190,944
5.7%
148,895
3.8%
258,274
6.7%
304,193
4.7%
156,020
4.8%
216,809
8.0%
394,815
4.0%
403,647
6.7%
348,819
3.8%
390,967
4.5%
584,306
7.0%
586,012
5.5%
637,872
7.8%
515,747
7.4%
675,068
9.3%
245,600
3.4%
281,086
4.1%
320,093
7.1%
434,858
3.0%
439,741
7.7%
374,454
7.4%
374,416
4.3%
181,076
-6.2%
197,535
-10.2%
233,588
0.9%
358,867
5.9%
422,702
1.7%
485,014
2.5%
369,027
4.4%
650,943
3.6%
568,816
2.5%
460,967
1.3%
500,052
4.1%
528,262
2.4%
336,751
3.3%

 Territorial authority

#

#

#

Timaru
MacKenzie
Waimate
Waitaki
Central Otago
Queenstown Lakes
Dunedin
Dunedin - Central & North
Dunedin - Peninsular & Coastal
Dunedin - South
Dunedin - Taieri
Clutha
Southland
Gore
Invercargill
Auckland Area
Wellington Area
Main Urban Areas
Total NZ

Average 12 month
current
change%
value
313,665
6.4%
338,377
7.9%
209,522
1.8%
235,077
6.0%
352,635
11.0%
802,634
13.7%
311,088
6.5%
324,200
7.3%
280,651
3.9%
295,698
6.3%
322,389
6.3%
173,514
4.6%
215,920
4.5%
186,680
2.0%
215,981
3.2%
925,656
485,424
663,652
556,306

17.8%
6.1%
12.8%
11.6%

Notes on the above data:
1. The information included in the above table is based on the monthly property value index. This index is calcu
sales data entered into CoreLogic's system in the previous 3 month period. For example, information for the pe
calculated based on sales entered between April 1 and June 30.

2. The average current value is the average (mean) value of all developed residential properties in the area bas
It is not an average or median sales price, as both of those only measure what happens to have sold in the per

3. The percentage change over three months, twelve months and since the 2007 market peak are based on th
property value index between that time and the current.

4. Any of the statistical data shown in italics are calculated based on a sample set of data that is less than the r
These results should be used with caution. Those showing N/A had too few sales to generate an index

 3 month
Since 2007
change % market peak
change-16.9%
%
0.9%
4.9%
-1.1%
5.1%
-5.3%
2.9%
40.7%
2.5%
37.9%
3.4%
40.3%
-1.1%
66.8%
-1.8%
62.1%
-1.2%
74.9%
0.9%
74.0%
-2.2%
72.4%
-0.6%
74.9%
0.1%
67.2%
-0.7%
70.4%
-0.8%
83.3%
-1.3%
39.2%
-0.9%
72.6%
-0.6%
70.0%
-1.4%
63.3%
-0.2%
82.8%
1.4%
67.9%
1.8%
48.1%
2.1%
-4.3%
6.1%
-0.2%
8.4%
18.3%
4.5%
8.8%
4.6%
26.1%
3.5%
27.7%
5.0%
19.3%
5.7%
20.0%
5.2%
18.0%
5.8%
22.5%
N/A
N/A
1.5%
-10.4%
N/A
N/A
4.4%
-7.1%
6.9%
7.5%
7.4%
17.3%
2.7%
2.2%
2.7%
-9.3%
10.8%
-27.8%

 3 month
Since 2007
change % market peak
change-22.2%
%
1.2%
0.1%
-21.8%
N/A
N/A
2.7%
4.6%
4.1%
3.7%
8.1%
-13.1%
0.0%
13.0%
-1.8%
-4.1%
-0.7%
-5.2%
3.9%
-24.4%
3.4%
-14.8%
2.9%
-17.7%
2.3%
1.6%
1.8%
2.0%
3.5%
-11.5%
2.8%
-8.9%
1.5%
3.1%
3.2%
5.7%
1.2%
-0.7%
1.9%
-0.4%
4.7%
9.7%
3.7%
4.6%
4.8%
10.7%
5.4%
10.7%
4.9%
11.1%
1.7%
-14.1%
7.9%
0.9%
2.8%
-5.4%
0.2%
8.3%
3.7%
14.8%
3.2%
-4.0%
0.4%
-13.3%
-5.4%
-11.9%
-6.9%
-19.2%
1.6%
-2.7%
0.1%
14.8%
1.3%
32.0%
0.9%
27.8%
1.3%
19.2%
0.2%
17.7%
0.6%
28.5%
1.3%
35.8%
2.6%
4.1%
1.1%
41.7%
-0.4%
20.3%

 3 month
change %
0.3%
2.2%
-0.7%
2.1%
4.5%
6.1%
1.5%
0.2%
0.0%
2.9%
2.0%
3.8%
1.5%
1.2%
0.5%

Since 2007
market peak
change25.0%
%

-0.7%
3.5%
-0.5%
0.1%

69.4%
6.5%
44.5%
34.3%

18.1%
11.1%
2.9%
11.2%
16.7%
8.7%
7.5%
3.7%
3.6%
9.7%
-4.2%
-6.2%
6.2%
-2.1%

e index. This index is calculated based on the
ple, information for the period ending June will be

properties in the area based on the latest index.
ens to have sold in the period.

rket peak are based on the change in the

data that is less than the recommended minimum.
generate an index

 AUCKLAND**
Rodney - North
North Shore - North Harbour
North Shore - Onewa
North Shore - Coastal
Auckland - Waitakere
Auckland City - Central
Auckland City - South
Auckland_City - East
Auckland City - Islands
Manukau - North West
Manukau - East
Manukau - Central
Auckland - Papakura
Auckland - Franklin
Total NZ
CANTERBURY**
Westland
Selwyn
Ashburton
MacKenzie
Timaru
Queenstown Lakes
Waitaki
Waimate
Total NZ
CHRISTCHURCH**
Waimakariri
Christchurch - Southwest
Christchurch - Central & North
Christchurch - East
Selwyn
Christchurch - Hills
Christchurch - Banks Peninsula
Total NZ
DUNEDIN**
Dunedin - Taieri
Dunedin - Peninsular & Coastal
Dunedin - Central & North
Dunedin - South
Total NZ
HAMILTON**
Waikato
Hamilton - Central & North Wes
Hamilton - North East
Hamilton - South West
Hamilton - South East
Waipa

19.5%
20.2%
16.1%
15.2%
18.4%
17.4%
16.3%
15.4%
9.3%
23.2%
18.4%
24.4%
27.2%
19.9%
11.6%

$842,525
###
$867,482
###
$731,065
$952,291
$986,470
###
$889,594
$675,482
###
$613,843
$604,103
$585,815
$556,306

19.5%   $842,525
20.2%   $1057472
16.1%   $867,482
15.2%   $1221820
18.4%   $731,065
17.4%   $952,291
16.3%   $986,470
15.4%   $1357985
9.3%   $889,594
23.2%   $675,482
18.4%   $1013423
24.4%   $613,843
27.2%   $604,103
19.9%   $585,815
11.6%   $556,306

0.9%
2.4%
3.3%
7.9%
6.4%
13.7%
6.0%
1.8%
11.6%

$233,588
$528,262
$336,751
$338,377
$313,665
$802,634
$235,077
$209,522
$556,306

0.9%   $233,588
2.4%   $528,262
3.3%   $336,751
7.9%   $338,377
6.4%   $313,665
13.7%   $802,634
6%   $235,077
1.8%   $209,522
11.6%   $556,306

1.7%
1.3%
2.5%
4.4%
2.4%
3.6%
4.1%
11.6%

$422,702
$460,967
$568,816
$369,027
$528,262
$650,943
$500,052
$556,306

1.7%   $422,702
1.3%   $460,967
2.5%   $568,816
4.4%   $369,027
2.4%   $528,262
3.6%   $650,943
4.1%   $500,052
11.6%   $556,306

6.3%
3.9%
7.3%
6.3%
11.6%

$322,389
$280,651
$324,200
$295,698
$556,306

6.3%   $322,389
3.9%   $280,651
7.3%   $324,200
6.3%   $295,698
11.6%   $556,306

22.8%
23.3%
22.0%
23.4%
20.7%
14.2%

$358,202
$426,919
$574,269
$403,716
$419,430
$403,248

22.8%
23.3%
22%
23.4%
20.7%
14.2%

 
 
 
 
 
 

$358,202
$426,919
$574,269
$403,716
$419,430
$403,248

*

*

*

*

*

 Total NZ
MANAWATU**
Whanganui
Rangitikei
Manawatu
Central Hawkes Bay
Palmerston North
Horowhenua
Tararua
Kapiti Coast
Carterton
Masterton
Upper Hutt
South Wairarapa
Total NZ
NAPIER**
Western BOP
Kawerau
Opotiki
Rotorua
Whakatane
Gisborne
Taupo
Wairoa
Hastings
Napier
Total NZ
NELSON**
Tasman
Nelson
Marlborough
Buller
Grey
Hurunui
Kaikoura
Westland
Selwyn
Total NZ
NORTHLAND**
Far North
Whangarei
Kaipara
Auckland - Rodney
Total NZ
NZ AREAS**
Whangarei
Auckland Area
Tauranga

11.6%

$556,306

11.6%   $556,306

5.7%
3.8%
6.7%
10.5%
4.7%
8.0%
4.8%
4.0%
4.1%
3.4%
3.8%
7.1%
11.6%

$190,944
$148,895
$258,274
$230,431
$304,193
$216,809
$156,020
$394,815
$281,086
$245,600
$348,819
$320,093
$556,306

5.7%   $190,944
3.8%   $148,895
6.7%   $258,274
10.5%   $230,431
4.7%   $304,193
8%   $216,809
4.8%   $156,020
4%   $394,815
4.1%   $281,086
3.4%   $245,600
3.8%   $348,819
7.1%   $320,093
11.6%   $556,306

13.4%
4.8%
11.7%
10.2%
6.2%
1.9%
8.8%
N/A
8.7%
7.1%
11.6%

$484,340
$114,965
$221,279
$299,964
$315,504
$232,442
$372,261
N/A
$326,092
$352,995
$556,306

13.4%   $484,340
4.8%   $114,965
11.7%   $221,279
10.2%   $299,964
6.2%   $315,504
1.9%   $232,442
8.8%   $372,261
N/A
8.7%   $326,092
7.1%   $352,995
11.6%   $556,306

3.0%
7.7%
7.4%
-6.2%
-10.2%
5.9%
4.3%
0.9%
2.4%
11.6%

$434,858
$439,741
$374,454
$181,076
$197,535
$358,867
$374,416
$233,588
$528,262
$556,306

3%   $434,858
7.7%   $439,741
7.4%   $374,454
-6.2%   $181,076
-10.2%   $197,535
5.9%   $358,867
4.3%   $374,416
0.9%   $233,588
2.4%   $528,262
11.6%   $556,306

8.2%
14.6%
8.6%
17.5%
11.6%

$330,904
$391,863
$375,875
$825,031
$556,306

8.2%
14.6%
8.6%
17.5%
11.6%

14.6%
17.8%
22.3%

$391,863
$925,656
$564,547

14.6%   $391,863
17.8%   $925,656
22.3%   $564,547

 
 
 
 
 

$330,904
$391,863
$375,875
$825,031
$556,306

*
*

*
*

*
*

*
*
*
*
*

 Hamilton
Rotorua
New Plymouth
Napier
Hastings
Palmerston North
Wellington Area
Nelson
Christchurch
Queenstown Lakes
Dunedin
Invercargill
Total NZ
SOUTHLAND**
Queenstown Lakes
Central Otago
Waimate
Waitaki
Southland
Gore
Clutha
Dunedin
Invercargill
Total NZ
TARANAKI**
Waitomo
New Plymouth
Stratford
Ruapehu
Taupo
South Taranaki
Whanganui
Rangitikei
Total NZ
WAIKATO**
Auckland - Franklin
Waikato
Hauraki
Thames Coromandel
Matamata Piako
Western BOP
Tauranga
Hamilton
Waipa
South Waikato
Rotorua
Otorohanga
Waitomo

22.0%
10.2%
5.1%
7.1%
8.7%
4.7%
6.1%
7.7%
2.5%
13.7%
6.5%
3.2%
11.6%

$455,966
$299,964
$373,554
$352,995
$326,092
$304,193
$485,424
$439,741
$485,014
$802,634
$311,088
$215,981
$556,306

22%
10.2%
5.1%
7.1%
8.7%
4.7%
6.1%
7.7%
2.5%
13.7%
6.5%
3.2%
11.6%

13.7%
11.0%
1.8%
6.0%
4.5%
2.0%
4.6%
6.5%
3.2%
11.6%

$802,634
$352,635
$209,522
$235,077
$215,920
$186,680
$173,514
$311,088
$215,981
$556,306

13.7%   $802,634
11%   $352,635
1.8%   $209,522
6%   $235,077
4.5%   $215,920
2%   $186,680
4.6%   $173,514
6.5%   $311,088
3.2%   $215,981
11.6%   $556,306

N/A
5.1%
10.5%
2.4%
8.8%
2.7%
5.7%
3.8%
11.6%

N/A
$373,554
$209,691
$136,359
$372,261
$187,483
$190,944
$148,895
$556,306

N/A
5.1%   $373,554
10.5%   $209,691
2.4%   $136,359
8.8%   $372,261
2.7%   $187,483
5.7%   $190,944
3.8%   $148,895
11.6%   $556,306

19.9%
22.8%
12.0%
7.4%
10.7%
13.4%
22.3%
22.0%
14.2%
14.2%
10.2%
N/A
N/A

$585,815
$358,202
$278,539
$556,286
$317,258
$484,340
$564,547
$455,966
$403,248
$146,188
$299,964
N/A
N/A

19.9%
22.8%
12%
7.4%
10.7%
13.4%
22.3%
22%
14.2%
14.2%
10.2%

 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 

$455,966
$299,964
$373,554
$352,995
$326,092
$304,193
$485,424
$439,741
$485,014
$802,634
$311,088
$215,981
$556,306

$585,815
$358,202
$278,539
$556,286
$317,258
$484,340
$564,547
$455,966
$403,248
$146,188
$299,964
N/A
N/A

*

*
*

*

 Total NZ
WELLINGTON**
Kapiti Coast
Porirua
Upper Hutt
Wellington - North
Hutt
South Wairarapa
Wellington - West
Wellington - Central & South
Wellington - East
Total NZ

11.6%

$556,306

11.6%   $556,306

4.0%
6.7%
3.8%
7.4%
4.5%
7.1%
9.3%
5.5%
7.8%
11.6%

$394,815
$403,647
$348,819
$515,747
$390,967
$320,093
$675,068
$586,012
$637,872
$556,306

4%
6.7%
3.8%
7.4%
4.5%
7.1%
9.3%
5.5%
7.8%
11.6%

 
 
 
 
 
 
 
 
 
 

$394,815
$403,647
$348,819
$515,747
$390,967
$320,093
$675,068
$586,012
$637,872
$556,306