WELLINGTON, NEW ZEALAND - APRIL 09: A general view of houses in the suburb of Lyall Bay on April 9, 2016 in Wellington, New Zealand. Increased demand for property in Wellington has seen house prices increase by 7.5 per cent in the past year. The average value of a house in the Wellington region is now $491,236, up 3.1 per cent over the past three months. (Photo by Hagen Hopkins/Getty Images)
AUCKLAND, NEW ZEALAND - MAY 01: High density residential apartments are pictured in the CBD ahead of the New Zealand Budget release on May 01, 2015 in Auckland, New Zealand. New Zealand's Minister of Finance has announced that Budget 2015 will be presented on 21 May 2015. (Photo by Phil Walter/Getty Images)
WELLINGTON, NEW ZEALAND - APRIL 09: A general view of apartments in Oriental Bay on April 9, 2016 in Wellington, New Zealand. Increased demand for property in Wellington has seen house prices increase by 7.5 per cent in the past year. The average value of a house in the Wellington region is now $491,236, up 3.1 per cent over the past three months. (Photo by Hagen Hopkins/Getty Images)
Victorian Homes, Oriental Bay
AUCKLAND, NEW ZEALAND - SEPTEMBER 08: This penthouse building frame is lifted to the top of a new apartment block as part of its construction on Albert Street, Monday. The penthouse frame is the heaviest structure the crane has ever had to lift. (Photo by Dean Purcell/Getty Images)
