Central Otago/Lakes District average house price reaches $1.65 million

Monday 3 November 2025 · 4 outlets · 2 reports · updated Mon 3 Nov 2025, 6:00am

The Central Otago/Lakes District has become the first New Zealand region to record an average asking price exceeding $1.6 million. Nationally, house listings increased by 5.5% compared to October last year, reaching the highest level for that month since 2018.

How they headlined it

First reported by The Press, Mon 3 Nov 2025, 5:00am · 2 reports from 2 outlets over 60 minutes

The PressMon 3 Nov 2025, 5:00am

South Island region sets $1.6m record as homes hit the market (opens in new tab)
Also on The Post (opens in new tab), Waikato Times (opens in new tab)
1NewsMon 3 Nov 2025, 6:00am

The region averaging $1.6m as property listings surge nationwide (opens in new tab)