A recent dive into median sale and asking prices in Wairarapa saw that Eketāhuna had lower figures than other regional locations.
The Times-Age recently analysed median sale and asking prices for the past 12 months across six Wairarapa locations.
Data from Real Estate New Zealand [RENZ] showed the median sale price in Eketāhuna was $460,000, ranking $55,000 cheaper than closest competitor, Masterton.
Eketāhuna real estate agent for Harcourts Shannon Hemi said you get more bang for your buck.
“Of all the places to live in Wairarapa, I think Eketāhuna has the best value.
“The amount you spend here gets you much more than, say, Masterton or Greytown.
“I think we are seeing more people moving out here for that reason.”
Hemi said that more people are moving from more prominent places like Wellington.
“I think people don’t want to be in hugely populated areas.
“However, they still want to be close enough.”
Hemi said that the lower price is appealing to first-home buyers.
“The banks will only lend so much money to first home buyers,” Hemi said.
“So these prices are a lot more attainable for them.”
As well as the housing market being appealing, she said it is a nice community to be a part of.
“The schools have small class sizes, which are good for families; there are also other services like the pub and supermarket,” she said.
“We are only 45 minutes from Palmerston North and even closer to Masterton.
“You come to get to know everyone when you live here.”
The community has an estimated population of just over 500 people. FREDDIE WILKIE
