This is a graph of Whangarei capital gains over the past 10 years. Even taking into account the bottom dip of the market during the recent property downturn this shows an increase of 114% for the 10 year period. Capital gains in Whangarei have outperformed most other centres, yet the market remains 20% – 30% more affordable than these. Expectations are that it will continue to outperform these until a price parity is reached. The Herald’s recent property report, March 8th, displayed comprehensive figures around growth performances. Two suburbs in whangarei featured in the top 10 areas where values increased the most.
