Wairarapa On The Move
The Wairarapa region has long been one of New Zealand’s best-kept secrets. An hour north of Wellington, the area combines beautifully rugged coastal scenery with fantastic wineries and charming towns. Although some Kiwis would still be hard-pressed to pinpoint it on a map, the Wairarapa is shifting from hidden gem to sought-after hotspot. Its economy has grown strongly in the past five years, thanks mainly to its successful primary sector, high-value domestic tourism and the ripple effect from Wellington’s booming economy and housing market.
Comprised of South Wairarapa, Masterton and Carterton districts, Wairarapa is also benefiting from improved infrastructure that’s making it easier to access. As a result, it’s become a more attractive home-buying destination for Wellington workers priced out of the capital housing market. That has led to a huge surge in house values across the region; in February this year, asking prices for Wairarapa properties at Realestate.co.nz were up 26.6% compared to February 2019 – an all-time-high for the region and the highest year-on-year growth of any area in New Zealand.