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An analysis of all residential properties listed on realestate.co.nz during 2023 reveals the Top Five most affordable and highest-priced suburbs within each of New Zealand's main regions.
Some 90,000 properties were listed for sale across the country in 2023, with prices ranging from the unbelievable '$1 reserve' to the eye-watering $25m plus.
While average asking prices trended downward during the year (the national average asking price was down by 6.6% year-on-year), the most desirable suburbs continued to buck trends, and equally, there were opportunities to nab a potential bargain in each of the regions.
Find out which suburbs were priced the highest and lowest by region below:
Auckland
Most affordable
Highest-priced
Bay of Plenty
Most affordable
Highest-priced
Waikato
Most affordable
Highest-priced
Wellington
Most affordable
Highest-priced
Canterbury
Most affordable
Highest-priced
Otago
Most affordable
Highest-priced
For media enquiries, please contact:
Hannah Franklin | hannah@realestate.co.nz
About realestate.co.nz
We’ve been helping people buy, sell, or rent property since 1996.
Established before Google, realestate.co.nz is New Zealand’s longest-standing property website and the official website of the real estate industry.
Dedicated only to property, our mission is to empower people with a property search tool they can use to find the life they want to live. With residential, lifestyle, rural and commercial property listings, realestate.co.nz is the place to start for those looking to buy or sell property.
Whatever life you’re searching for, it all starts here.
Want more property insights?
- Market Insights: Search by suburb to see median sale prices, popular property types and trends over time.
- Sold properties: Switch your search to sold to see the last 12 months of sales and prices.
- Valuations: Get a gauge on property prices by browsing sold residential properties, with latest sale prices and an estimated value in the current market.
Find a glossary of terms here.
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