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Central Hawke s Bay house prices double in 10 years
19 Jan, 2021 02:01 AM
3 minutes to read
Waipukurau, the largest town in the Central Hawke s Bay district where house prices have doubled since January 2011. Photo / File
House prices in Central Hawke s Bay have more than doubled in 10 years to an average asking price of $545,967 at the end of 2020.
That represents a 108 per cent increase since January 2011 when the average asking price was $262,321, the second largest jump by a district in New Zealand according to new figures from the Real Estate Institute of NZ.
Asking prices in Kawerau leaped 132 per cent, while Hamilton City was the other district who saw their average double in 10 years with a 102 per cent increase.