Invercargill continues to lead the way in residential property value growth.
In the latest QV House Price Index, released yesterday, Invercargill again recorded the strongest gains among regional centres (3.3%), followed by Rotorua (2.6%), Whangārei (2.5%), Nelson (2.3%), Whanganui (2.1%) and Queenstown (1.4%), where growth slowed from the previous quarter.
The average house price in Invercargill city is now $527,502.
Nationally, average residential property values rose by 1.1% over the three months to December 2025, with the average now $910,118.
That figure is 0.9% higher than at the same time last year, and 13.1% below the nationwide market peak of January 2022. — Allied Media
