Residential property price Auckland, New Zealand 2024, by district

The average price of residential property in North Shore City, New Zealand was the highest in Auckland in September 2024, with an average sale price of around 1.13 million New Zealand dollars. In the same month, the regional median house price was around 970,000 New Zealand dollars across Auckland.

Housing costs

The average sale price of residential property in Auckland has fluctuated 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.

Residential housing construction

The number of building consents granted for new homes in the Auckland region decreased in 2024, following a trend of year-on-year decreases since 2021. The leading features built into new houses and apartments in New Zealand in 2022 included energy-efficient appliances, smart heating systems, and solar panels as people across the country try to curb their gas bills.