The average price of residential property in North Shore City, New Zealand was the highest in Auckland in June 2024, with an average sale price of around 1.2 million New Zealand dollars. In the same month, the regional median house price was around one million New Zealand dollars across Auckland.
Housing costs
The average sale price of residential property in Auckland has increased over the past months. Whilst housing affordability has improved slightly as the median house price has begun to stabilize, Auckland still has one of the least affordable housing markets among the developed world. The average weekly rent in the city has been over 500 New Zealand dollars a week since 2016, with the Auckland region having one of the highest mean rents for residential housing across the country.
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REINZ. (July 15, 2024). Average residential house price in Auckland, New Zealand in June 2024, by district (in 1,000 New Zealand dollars) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1028588/new-zealand-median-house-prices-auckland-by-district/
REINZ. "Average residential house price in Auckland, New Zealand in June 2024, by district (in 1,000 New Zealand dollars)." Chart. July 15, 2024. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1028588/new-zealand-median-house-prices-auckland-by-district/
REINZ. (2024). Average residential house price in Auckland, New Zealand in June 2024, by district (in 1,000 New Zealand dollars). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1028588/new-zealand-median-house-prices-auckland-by-district/
REINZ. "Average Residential House Price in Auckland, New Zealand in June 2024, by District (in 1,000 New Zealand Dollars)." Statista, Statista Inc., 15 Jul 2024, https://www.statista.com/statistics/1028588/new-zealand-median-house-prices-auckland-by-district/
REINZ, Average residential house price in Auckland, New Zealand in June 2024, by district (in 1,000 New Zealand dollars) Statista, https://www.statista.com/statistics/1028588/new-zealand-median-house-prices-auckland-by-district/ (last visited July 27, 2024)
Average residential house price in Auckland, New Zealand in June 2024, by district (in 1,000 New Zealand dollars) [Graph], REINZ, July 15, 2024. [Online]. Available: https://www.statista.com/statistics/1028588/new-zealand-median-house-prices-auckland-by-district/