NZ’s wealth­i­est sub­urb

Kapi-Mana News - - NEWS -

Cen­sus 2013 fig­ures show that Kai­wharawhara has, in less than a decade, be­come the most highly paid com­mu­nity in the coun­try, with the me­dian per­sonal in­come of $66,300.

It is one of a clus­ter of Wellington sub­urbs, in­clud­ing Ori­en­tal Bay and Wadestown, that are on the top earn­ers list, crowd­ing out up­mar­ket Auck­land sub­urbs such as Herne Bay. The me­dian in­comes of some other ar­eas in the Wellington re­gion are Wadestown $56,600, Ori­en­tal Bay $55,600, Porirua Cen­tral, $ 10,300, Can­nons Creek North $15,800 and Tren­tham South $17,000.

Un­like more es­tab­lished sub­urbs, almost no­body lived in Kai­wharawhara a decade ago.

It was dom­i­nated by big-box re­tail, ware­houses, and fac­to­ries.

But be­tween 2006 and last year the pop­u­la­tion more than dou­bled to about 120 peo­ple, after de­vel­op­ers The Pritchard Group gained ap­proval to di­vide and sell a sec­tion of hill, known as Har­bour­side, for hous­ing.

On pa­per, Kai­wharawhara has both the high­est per­sonal and house­hold me­dian in­come in the coun­try.

Re­gard­less of pre­cise in­comes, the change in Kai­wharawhara since 2006 has been re­mark­able, with pop­u­la­tion more than dou­bling and the me­dian per­sonal in­come ris­ing from $45,000 to more than $60,000.

Clues to its high in­come can be found in the cen­sus fig­ures.

The small com­mu­nity is older than most in the cap­i­tal, with a me­dian age of 41, and heav­ily skewed to­wards mid­dle age, rather than over-65s.

Res­i­dents are dis­pro­por­tion­ately mar­ried cou­ples, but most of them have no chil­dren at home.

Newspapers in English

Newspapers from New Zealand

© PressReader. All rights reserved.