The Wānaka App
The Wānaka App
It's Your Place
ChristmasA&P ShowWaoJobsGames Puzzles
The Wānaka App

Albert Town prices rise 200% in a decade 

The Wānaka App

Staff Reporters

19 December 2025, 4:06 PM

Albert Town prices rise 200% in a decade Those who bought in Albert Town a decade ago have “won the property Lotto”. 

Albert Town property prices have increased by more than 200 percent since 2015, according to online property portal realestate.co.nz.  


Property prices have increased by 225 percent in Albert Town over the last decade, from an average asking price of $553,500 in 2015 to $1,796,828 in 2025.



“We all love a bit of hindsight, but these numbers are next level,” realestate.co.nz spokesperson Vanessa Williams said. 


“If you bought in Albert Town or Hahei a decade ago, you’ve basically won the property Lotto.”



Hahei, in the Coromandel, boasts an average asking price of $2M in 2025 compared to just over $600,000 in 2015. 


Hāwea, Rotoiti, and Wānaka round out the top five suburbs with significant increases to their average asking prices since 2015, the blog said.



It said lakeside properties have delivered more gain for homeowners than seaside baches, with six of the top 10 holiday destinations being lakeside.  


The price for each location is based on the average asking price of all properties listed for sale in the three-month period from 1 September-30 November 2015 compared with the same time period in 2025.   


PHOTO: Wānaka App