Explore
Rising fuel costs driving Kiwi home buyers closer to city centres
Rising fuel costs are driving Kiwi home buyers to reprioritise their commute, new insights into NZ's property market.
AI summary
A recent Trade Me Property survey shows rising fuel costs are changing how Kiwis buy homes. Buyers are now prioritising location to reduce their commute, focusing on properties closer to city centres and their jobs.
Key search criteria now include:
- Proximity to work
- Walkability to shops and amenities
- Easy access to public transport
This marks a shift away from "driving until you qualify," though cycling infrastructure remains a lower priority for most buyers.
A recent survey found around 40% of Kiwi are prioritising workplace proximity and homes closer to their jobs.
The daily commute takes center stage
Cycling remains a niche priority
Around 24% of buyers say good cycleways or cycling infrastructure are a priority due to fuel costs.
Author
Discover More
The five places where first-home buyers are winning the most
The five regions where first-home buyers are buying the biggest share of homes in New Zealand.
From an empty paddock at the end of a gravel road, they built an off-grid haven – complete with a Love Bus
A bare paddock became an award-winning off-grid escape with tiny homes, a Love Bus and coastal views.
Search
Other articles you might like
