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Hamilton: The North Island's most affordable major city


MARK TAYLOR / STUFF
The Waikato Regional Theatre is tipped to dramatically change the central city with a host of other multimillion-dollar projects on the cards.
There’s not a single housing market round the country which hasn’t been running hot of late but, of the big North Island cities, Hamilton stands out for its comparative affordability.
Make no mistake, the market is seeing strong price growth, frantic buyer activity and increasingly low levels of housing stock.
But while a three-bedroom, two-bathroom unit in Hillcrest in Auckland recently sold for $1 million, according to Trade Me Property, for that money you could have bought a five-bedroom, two-bathroom standalone house on a large section in Rototuna in Hamilton – it sold for $980,000. Another sale was a five-bedroom, one-bathroom standalone house, but with limited land, in Beerescourt for $954,500. ....

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