The latest property values are good news for Gore homeowners — but it’s a different story for the district’s rural sector. The residential market showed Gore homes have increased in value by 10-15%, driven by first home buyers and investors, with strong value for entry level homes and modern buildings. Property Brokers sales manager and consultant Tara Maxwell said it was a good time to get into the property market in Gore, and encouraged people to go out and get a home. Commercial and industrial properties sit at 9.4% of the district’s value with an uptick of 9.6% and 14.3% respectively. Mr Bell said the improvements in the confidence of the economy and the central nature of the Gore district were key strengths.
Source: Otago Daily Times January 21, 2026 16:22 UTC