Property Market
5 min read
What's happening with Stratford house prices?
Council area of Taranaki
Author: Ed McKnight
Resident Economist, with a GradDipEcon and over five years at Opes Partners, is a trusted contributor to NZ Property Investor, Informed Investor, Stuff, Business Desk, and OneRoof.
Reviewed by: Laine Moger
Journalist and Property Educator with six years of experience, holds a Bachelor of Communication (Honours) from Massey University.
What's happening to Stratford house prices?
The average price of a Stratford property is $517,598 (QV, July 2026).
Stratford house prices are down 4.41% over the last three months (REINZ). And they are 1.37% down over the last 12 months.
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Quick Facts
- The average price of a Stratford property is $517,598 (QV, July 2026)
- Over the last 3 months property prices in Stratford have gone down 4.41%
- Stratford property prices increased 6.10% per year (on average) in the 20 years between July 2006 - July 2026 (REINZ)
- The average rent in Stratford is $570 per week (Tenancy Services, April 2026)
How are Stratford property prices changing?
Stratford house prices soared after the Covid-19 pandemic began. House prices started out 37% below the eventual peak of the market.
However, after that peak in April 2022, house prices fell 19.30% before bottoming out in April 2023.
Today, Stratford house prices are down 5.85% compared to their peak. That means prices have risen 16.67% since the bottom of the market.
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Where is Stratford in its property cycle?
At the absolute bottom of its property cycle, Stratford was 31.42% undervalued.
Today, property prices in Stratford are overvalued 19.13%.
That suggests there is a selling opportunity in Stratford.
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Stratford suburb prices
I track the value of just 1 suburb in Stratford. It's called Stratford and you can see how the average property value is changing in the graph below.
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What is the Stratford rental market like?
Here's how rents are changing in Stratford. Over the last four years (April 2022 - April 2026) the median rent has gone up $120 a week. That's 6.09% a year (on average).
Over the last 12 months, rents have gone up. They are up 0.88% ($5 a week) year on year.
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Are properties selling above or below CV in Stratford?
One of the most common questions I get asked is: 'Ed, are properties selling above or below their Capital Value (CV)?'
Some call it the RV (Rateable Value) or GV (Government Value).
Why do people care? Well, if you go on TradeMe (or another website), you’ll almost always see the council’s valuation for the property. So even if the seller hasn't advertised a price, you can get a feel for what the property might sell for.
This table shows whether the average property is selling above or below CV across Taranaki.
The area in Taranaki selling the highest vs CV is Stratford District where house prices are currently selling 10% above CV.
The area in Taranaki selling the lowest vs CV is New Plymouth District where house prices are selling 2% below CV.
Other property markets to look into
If you found this article useful, then you might also like our analyses on the other property markets in New Zealand. You can read all about the Taranaki property market here. You can also check out our analysis for every other council area in Taranaki here:
Current Property Listings
This property market information is for your general information. It’s not financial advice. See here for details about our Financial Advice Provider Disclosure. So Opes isn’t telling you what to do with your own money.
We’ve made every effort to make sure the information is accurate. But property markets change, and we occasionally get the odd fact wrong. Make sure you do your own research or talk to a financial adviser before making any investment decisions.
You might like to use us or another financial adviser.