House val­ues rise slightly in Porirua

Kapi-Mana News - - NEWS -

The av­er­age value of a house in Porirua is $379,000, up 0.3 per cent over the past 12 months.

The fig­ure has risen 2.3 per cent in the past three months.

It still re­flects an over­all 0.7 per cent de­crease from the prop­erty mar­ket peak in 2007.

Ac­cord­ing to fig­ures re­leased by Quotable Value, the na­tion­wide av­er­age went from $ 466,022 in De­cem­ber 2013 to $ 488,674 in De­cem­ber 2014. Na­tion­ally, val­ues are 17.9 per cent higher than 2007.

There had been a surge since the elec­tion, a spokes­woman said.

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