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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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CoreLogic: Tauranga house prices stopping people moving to city for jobs


CoreLogic: Tauranga house prices stopping people moving to city for jobs
8 Feb, 2021 05:00 PM
5 minutes to read
House prices in Tauranga are making it increasingly difficult to attract people to the city. Photo / File
House prices in Tauranga are making it increasingly difficult to attract people to the city. Photo / File
A worse economic effect than the pandemic is predicted for Tauranga with house prices deterring people from moving to the city for work.
That s according to Nigel Tutt, the chief executive of Tauranga s economic development
organisation, Priority One.
It comes off the back of CoreLogic NZ s latest House Price Index which shows Tauranga s average property value is now $888,930, up from $876,122 in the last quarter. ....

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