12 MONTH RENTAL TREND (MBIE APR23)
DAYS TO SELL (REINZ MAY23)
12 MONTH RENTAL TREND (TRADEME FEB 23)
MEDIAN PRICE (REINZ MAY23)
The region is famous for its dairy and thoroughbred horse racing industries and is the base for many agri-businesses and research institutes.
The area was named after New Zealand’s longest river.
The Waikato River winds 425 kilometres from Lake Taupo on the Central Plateau to the Tasman sea.
Population: 519,900 (Stats NZ)
Forecast Population 2033: 574,600 (Stats NZ)
Median Price: $ 740,000
12 Month Pricing Trend: -7.4% (REINZ May23)
12 Month Rent Trend: +$38 p/w (MBIE Apr23)
Before European settlement, the Waikato was heavily populated by Māori.
The region’s largest city is Hamilton, with a population of more than 169,000 New Zealand’s fourth largest city, lies about an hour and a half’s drive south of Auckland.
The Waikato Region is home to many attractions, including:
The region’s infrastructure is well supported and provides significant opportunities for export and import.
National road and rail networks connect the area to Auckland International Airport and the ports of Auckland and Tauranga.
Hamilton Airport is located 20 minutes south of the city’s CBD.
Waikato district offers peaceful living. The rural tranquillity and views of farmland and bush are making it increasingly popular.
The coastal areas of the region offer relaxed lifestyles. The Coromandel is a top holiday spot for New Zealanders, and Raglan is a mecca for surfers.
In contrast, Hamilton City is vibrant and diverse. The city is home to more than 80 ethnic groups and around half its residents under 30 years old.
Hamilton is spoilt for choice for places to relax and enjoy, including:
Dairying and agricultural bio-technology drive the Waikato’s economy, supported by thoroughbred horse breeding and training, forestry and coal mining.
Fonterra, the world leading dairy products supplier, is based here and Hamilton hosts the National Agricultural Fieldays, the largest agricultural tradeshow in the Southern Hemisphere.
Many of New Zealand’s leading agri-science research facilities are based in the Waikato and R&D is a key contributor to the economy. The electric fence and aerial top dressing are just two of the innovations to come from the region.
Education is another important sector, including a major University, a teacher’s college, technical institute hospital and nurse training.
The Waikato region is mild and temperate with moderate rainfall. Daily maximum temperatures in Hamilton range between 22-26°C in January and February and 10-15°C in July and August.
Summer temperatures occasionally reach 28°C, while on clear winter mornings temperatures may drop to as low as −3°C.
The regional and district councils in the Waikato region are responsible for community well-being and development, environmental health and safety, infrastructure, recreation and culture, and resource management. To find information about the services the local councils provide check out their website.
Waikato Regional Council | Hamilton City Council | Taupo District Council
Information sourced from https://www.live-work.immigration.govt.nz/