As at October 2023, the median house price in Wellington is $795,000. This is up from $405,000 10 years earlier. That means that the median Wellington property increased in value by 6.98% each year, or $39,000 on average.
The most expensive suburb in Wellington is Seatoun, which has a median house price of $1,692,550 and is located in the Wellington City district. That means that Seatoun's median house price is 213% of Wellington’s median.
The least expensive suburb in Wellington is Wellington Central, which has a median house price of $460,550 and is located in the Wellington City district. That means that Wellington Central's median house price is 58% of Wellington’s median.
Over the last 24 months (Sep 2021 - Sep 2023), Greytown had the fastest-growing house prices in all of Wellington, at 0% per year.
The suburb that grew the slowest over that period was Wilton, which grew at a rate of -14% per year.