Mr Madathiparambil-Bhavanandan said he had been living in Rotorua for nine years and the couple had been renting until they found their dream first home. "It's a really nice little three-bedroom house and has a small deck and a small garden." Median property values in Mangakakahi and Utuhina have jumped 30.3 per cent, with Fairy Springs and Western Heights close behind, according to the latest Quotable Value New Zealand E-Valuer report. The October value for Mangakakahi was $260,100, while Utuhina recorded $319,800.​Mr Madathiparambil-Bhavanandan said the whole process took about two weeks. Settlement on the property went though less than a week ago and they had already moved in.

Source: New Zealand Herald December 04, 2016 03:45 UTC