House prices vary between New Zealand’s cities and towns. In general, North Island prices are higher than South Island prices, and Auckland prices are higher than prices in other cities.
According to Real Estate Institute of New Zealand (REINZ) the median sale price of a New Zealand property was $549,000 for the month of August 2018. Property values are up 3.6 percent over the past year.
Upmarket Waterside Villa
Here are guides to prices over the past few years in different cities and towns in New Zealand’s North and South Islands.
House Prices in Different Suburbs
House Prices in Auckland
The average sale price in Auckland Region is over $800,000. Auckland suburbs include Albany, Birkenhead, Central City, Epsom, Henderson Area and Papatoetoe.
House Prices in Wellington
The average sale price in Wellington Region is over $590,000 according to REINZ, an increase of over 16% in the last 12 months . Property asking prices are detailed for dwellings ranging from a five plus bedroomed property to a one/two bedroomed home.
House Prices in North Island Towns
Property prices for Whangarei, Hamilton. Tauranga, Napier, New Plymouth and Palmerston North.
House Prices in Christchurch
The average sale price in Christchurch is over $425,000. Christchurch suburbs include Avonhead, Fendalton, Redcliffs, Hillmorton, Spreydon and Avonside.
House Prices in South Island Towns
Property prices for Nelson, Rangiora, Timaru, Queenstown, Dunedin and Invercargill.
We update regional house prices regularly in the news section of the site. This is a broader brush approach than used in the suburb-by-suburb prices in the list of links above.