How have property values changed in Kerikeri?

Here's the median house price information for Kerikeri and surrounds for years indicated: 

• 2000: Approximately NZD $203,000 

• 2010: Approximately NZD $375,000 

• 2020: Approximately NZD $730,000 

• 2025: Approximately NZD $874,000 

Prices of homes in Kerikeri have appreciated on average around 6% per year over the past 25 years. A home purchased in 2000 is now worth over 4 times its value 25 years ago.  

This price appreciation is similar to the rest of New Zealand, slightly higher than the rest of Northland and slightly lower than major centres like Auckland.  In reality, median prices do not increase in a linear fashion like the trend line. Instead, they oscillate above and below the trend line with periods of accelerating increases, flatness and decreases over the 25 years. For example, the periods from 2004 to 2008 and from 2021 to 2023 were high growth periods. The period from 2008 to 2011 and 2022 and 2025 were periods of higher price declines. 

Savvy property investors recognize these cyclical patterns exist and invest for the long term to mitigate their risks of short-term losses. They also look for properties they can add value to by making changes that are sought after by buyers. 

Nobody knows how the future will look but most investors try to draw inference from the past. if historical patterns persist and Kerikeri continues to be the desirable destination it has been then we should expect similar results for price appreciation over the next 10 years. 

Important Disclaimer: This information should not be considered financial advice. Real estate investment involves significant risks, and you should consult with a qualified financial advisor before making any investment decisions.