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CoreLogic: Okere Falls Rotorua's priciest suburb


CoreLogic: Okere Falls Rotorua s priciest suburb
4 Apr, 2021 07:00 PM
6 minutes to read
Okere Falls is Rotorua s priciest suburb, a new report says. Photo / Andrew Warner
Okere Falls is Rotorua s priciest suburb in terms of median property value, according to a new report.
But while the area was a jewel in Rotorua s crown , news it is the city s most expensive suburb
has surprised some who say there are other higher-value lakeside suburbs.
While a property expert says it s part of a new market trend where people were discovering previously undiscovered areas.
CoreLogic s Mapping the Market report showed median property values in Okere Falls had climbed the highest of Rotorua s suburbs year-on-year to reach $936,950. ....

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CoreLogic: Matua becomes second Tauranga suburb with median house values over $1 million


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. ....

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