A property market built on discretionary spend
Auckland is not the only hot property market. Lake Wanaka in Central Otago has a median house price now of just over a $1million.
The property market across the country has slowed though leading into the elections which has seen a levelling off of the Queenstown Lakes market.
One man that has seen the rise in Wanaka’s property prices over the past 20 years is Mat Andrews the Manager & Director of Bayleys Wanaka and he spoke to the Rural Exchange team.
Mat was also once REX co-host, Sarah Perriam’s boss at her first job straight out of school and of course was most complimentary!
Rural Exchange with Hamish McKay, Sarah Perriam and Richard Loe, 5-7am Weekends on RadioLIVE.
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