5 Feb 2024

Central Otago Lakes property prices soar

From Morning Report, 8:51 am on 5 February 2024

The New Zealand property market is showing newfound vitality in some areas, but particularly in the case of Central Otago Lakes.

In the latest data from realestate.co.nz, the average asking price in the region has soared past $1.6 million, a 19.3 increase from twelve months ago.

Realestate.co.nz spokesperson Vanessa Williams spoke to Ingrid Hipkiss.