
New Zealanders really like to move! According to the 2023 Census, a whopping 2.2 million people, around 45% of the population, changed addresses within Aotearoa between 2018 and 2023. That’s even slightly up from the 44.6% recorded in the 2018 Census.
Most people who moved stayed within their own region (about 77%), but nearly a quarter (23%) packed up and shifted to a whole new part of the country.
When it comes to inter-island moves, the South Island saw more folks heading down from the north than the other way around. Otago topped the charts, with nearly 10% of its current residents in 2023 having lived in the North Island five years earlier, cheaper house prices make it a pretty attractive move! Meanwhile, most North Island regions had less than 2% of their population coming from the south. Wellington was the main exception at 2.6%.
Aucklanders in particular were on the move. Between 2018 and 2023, around 50,000 more people left Auckland for other parts of the country than moved in. The most popular destinations? Waikato, Northland, and Canterbury.
Upgrading or Relocating? Let’s Talk Bridging Finance.
If you’re planning a move, whether it’s for a fresh start, more space, or a better lifestyle, you might be wondering how to juggle buying a new place while still selling your current one. That’s where bridging finance can help.
A bridging loan is a short-term solution that gives you access to the funds needed to buy your next home before your current one sells. It’s designed to smooth out that in-between period, so you don’t miss out on your dream home.
Of course, it’s important to understand the ins and outs, interest rates, repayment timelines, and whether it’s the right fit for your situation. But that’s what I’m here for, to make it easy peasy.
Flick us a message and we’ll help you explore your options.