Auckland
REINZ Average House Prices For Selected Suburbs
| Location |
Average House Price
July 2006 |
| Auckland North - Albany |
$520,000 - $550,000 |
| Auckland North - Birkenhead |
$460,000 - $490,000 |
| Auckland Central - Eastern Suburbs |
$670,000 - $710,000 |
| Auckland Central City |
$330,000 - $360,000 |
| Auckland Central - Mt Eden / Epsom |
$540,000 - $590,000 |
| Auckland West - Henderson |
$325,000 - $345,000 |
| Auckland South - Papatoetoe |
$290,000 - $310,000 |
House Prices
The house bands quoted above are based on median prices.
This means that approximately half of the houses on the market will sell for more than the quoted band and half for less.
For example, in the case of Albany, roughly half of the properties on the market will sell for more than $550,000 and roughly half will sell for less than $520,000.
The median is the standard method of measuring average house prices in New Zealand.
Auckland's house prices are the highest in New Zealand, with beachfront property particularly sought after.
House prices also tend to be high in areas zoned for well-regarded state schools.
