Property rockets

The average asking price for properties in Rodney has risen by 87 per cent over the past decade, according to data from realestate.co.nz. The average price in Rodney went from $905,770 in 2010 to $1,693,141 by the end of last year.

Nationally, Kawerau, in the Bay of Plenty, had the highest average price increase, rising by 112 per cent. The Kaipara District made the highest gain in Northland, increasing 55 per cent ($434,226 in 2010 to $670,929 in 2019).

By comparison, Waitakere City saw prices increase by 86 percent and in Papakura the increase was 69 percent. Waiheke Island increased by 59 percent and Auckland City by 56 percent. The average asking price increased by 48 percent on the North Shore and by 45 percent in Manukau. Franklin increased its average asking price by 34% over the 10-years – the smallest increase of the Auckland districts. Whakatane, Waitomo and Greymouth prices decreased over the decade by 33%, 20% and 11% respectively.