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CoreLogic: Matua becomes second Tauranga suburb with median house values over $1 million
5 Apr, 2021 06:00 PM
6 minutes to read
Matua has made the million-dollar list. Photo / File
Matua has become the second Tauranga suburb to join the million-dollar club, according to a new house price report. CoreLogic s Mapping the Market 2021 report showed Matua has reached a median property value of $1 million.
Meanwhile, the city s cheapest suburb, Parkvale (also known as Merivale) - topped the charts for growth in median values in the last 12 months, reaching $586,900.
Senior property economist Kelvin Davidson said Mount Maunganui was the first suburb to crack the million-dollar mark just last quarter.