Property Market
5 min read
What's happening with Westland house prices?
Council area of West Coast
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 Westland house prices?
The average price of a Westland property is $482,265 (QV, November 2025).
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Quick Facts
- The average price of a Westland property is $482,265 (QV, November 2025)
- Over the last 3 months property prices in Westland have gone down 4.43%
- Westland property prices increased 5.32% per year (on average) in the 20 years between October 2005 - October 2025 (REINZ)
- The average rent in Westland is $360 per week (Tenancy Services, September 2025)
How are Westland property prices changing?
Westland house prices soared after the Covid-19 pandemic began. House prices started out 44% below the eventual peak of the market.
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Where is Westland in its property cycle?
At the absolute bottom of its property cycle, Westland was 26.75% undervalued.
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Westland suburb prices
I track the value of 2 suburbs in Westland. The most expensive suburb is Kaniere, which has an average house value of $558,600. While the most affordable suburb is Hokitika, which has an average house value of $471,750.
Over the last 24 months of all Westland suburbs (November 2023 - November 2025, Kaniere had the fastest-growing house prices. They have gone up 18.66% over that period.
The suburb that grew the slowest over that period was Hokitika. Property values in this suburb grew by 15.27% over those 2 years.
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What is the Westland rental market like?
Here's how rents are changing in Westland. Over the last four years (September 2021 - September 2025) the median rent has gone up $45 a week. That's 3.39% a year (on average).
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Are properties selling above or below CV in Westland?
One of the most common questions I get asked is: “Ed, are properties selling above or below their Capital Value (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 West Coast property market here.