What If Property Values Kept On Growing At Speed

The table shows, for each region and NZ as a whole, the current average property value and the average property value if the growth rate between 2016 and 2021 was replicated over the following five years. For example, the nationwide average property value grew 56.8% to $1.003m in the five years to September 2021. The same growth rate in the five years to September 2026 would result in an average property value of $1.57m, not $954,000.