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Home / Whanganui Chronicle

Wanganui home prices up 24%

Catherine Gaffaney
Catherine Gaffaney
Reporter·Whanganui Chronicle·
23 Mar, 2015 05:28 PMQuick Read
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The average asking price for a Wanganui house is almost $240,000.

Trade Me's Property Price Index showed the average asking price during the three months to February was $239,450 - a 23.9 per cent increase on the same quarter last year.

Home buyers were looking at an average asking price of $150,000 for a small house (1-2 bedrooms) in the February 2015 quarter, while the average asking price for a medium-sized house (3-4 bedrooms) was $252,250. The average asking price for a large house (5-plus bedrooms) was $420,000.

Real Estate Institute data showed 55 houses were sold in Wanganui last month - an increase of 18 from January but six fewer than February last year.

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