House Prices in Auckland

Auckland Central Harbourside
Auckland Central Harbourside

Average House Price Values in the Auckland Region 2012 – 2016

Location May 2016 May 2015 May 2014 May 2013 May 2012
Auckland North Shore- Coastal $1,269,000 $1,113,000 $979,000 $861,000 $760,000
Auckland North Shore – Onewa $888,000 $779,000 $671,000 $586,000 $517,000
Auckland North Shore – North Harbour $1,090,000 $934,000 $819,000 $716,000 $642,000
Waitakere City $765,000 $657,000 $558,000 $482,000 $425,000
Auckland Central City $982,000 $856,000 $758,000 $685,000 $604,000
Auckland_City – East $1,400,000 $1,241,000 $1,050,000 $921,000 $828,000
Auckland City – South $1,013,000 $901,000 $749,000 $671,000 $580,000
Auckland City – Islands $933,000 $835,000 $742,000 $683,000 $642,000
Manukau – East $1,055,000 $905,000 $791,000 $694,000 $616,000
Manukau – Central $643,000 $524,000 $452,000 $396,000 $355,000
Manukau – North West $706,000 $577,000 $484,000 $421,000 $374,000
All of Auckland Area $956,000 $829,000 $714,000 $631,000 $562,000

Market Analysis

The monthly property price values in the table above are sourced by Quotable Value Limited.

Figures from to Quotable Value show that Auckland leads the way in the housing market. The average property value in the whole of Auckland in June 2016 was $975,000 up over 16% from June 2015. In an effort to cool the Auckland property market, new regulations were introduced from October 2015 requiring investors in Auckland property to have at least a 30% deposit.

In Barfoot and Thompson’s June 2016 update, their average property sale price was $908,000 for Auckland. Managing Director Peter Thompson said, “The number of new listings (1170) and volume of sales (1168) were a marginal increase on last year’s record figures for the same period.”

He continued, “However, June continued to conform to seasonal norms with numbers of new listings down 7 percent and sales numbers down 10 percent when compared to May’s data.”

According to REINZ data, house prices in Auckland Region set a median price of $805,000 in May 2016 and the Auckland housing market remains the strongest in New Zealand.

Return to the NZ House Prices page.

Comments

  1. Elliot Shayle says:

    Are most Auckland residences, apartments/flats, and what is the quality of them? By this I mean what size are they and what amenities and views do they have? Also what is the range of prices within each administrative region?

  2. No most auckland houses are stand alone 3 bedroom dwellings squeezed into someones backyard.

    There are allot of apartment options in the city centre, not much in the way of terraced houses