PHOTO: SUPPLIED Whanganui house prices are up 45.4 per cent on last year, the strongest growth in the country.
Real estate prices in Whanganui are up 45.4 per cent on last year and buyers are acting fast in the second-cheapest city in the North Island.
The city is shucking off zombie town accusations as newcomers buy up housing and boost consumer spending.
Median house prices across New Zealand reached a record high of $597,000, up from $560,000 in September 2018, according to the Real Estate Institute.
Manawatū/Whanganui had the biggest increase, up 24.1 per cent, with growth in Whanganui helping lift the region’s median house price from $320,000 to $397,000.
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