Regional Review: Whangarei
After many years of doing it hard in the fall out from the global financial crisis, Whangarei earned a place in the sun as a beneficiary of the halo emanating from Auckland’s recent boom. Following in the Super City’s footsteps, the country’s northernmost city has seen stellar price growth and a hot market since 2015.
But now the property cycle is coming to an end nationwide and Auckland’s market has been plateauing for some time. So where has this left Whangarei’s market? Well, still sitting pretty for investors as it turns out.