Average cost of building a new house New Zealand 2023, by region

Published by Statista Research Department, Sep 10, 2024

The highest average cost of building a new house in New Zealand as of 2023 was in the Otago region, with an average value of over 567 thousand New Zealand dollars. The average cost of building a new house in New Zealand that same year was over 441 thousand New Zealand dollars.

Average cost of building a new house in New Zealand in 2023, by region (in New Zealand dollars)

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Release date

July 2024

Region

New Zealand

Survey time period

2023

Supplementary notes

One New Zealand dollar is equal to approximately 0.60 U.S. dollars and 0.55 euros (as of August 2024).

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