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Property Price Index - February 2021

New Zealand’s national average asking price for property reached an all-time high of $784,450 in February

30 March 2021

15 Hackthorne Road, Cashmere, Christchurch City

Thirteen regions hit new record

Auckland region average asking price steady at $1M+

Most expensive districts in the Auckland region - February 2021
DistrictAverage asking price - February 2021
WaihekeWaiheke$1,554,150$1,554,150
North Shore CityNorth Shore City$1,237,500$1,237,500
Auckland CityAuckland City$1,147,450$1,147,450

Wellington prices grow by 17 per cent year-on-year

Most expensive districts in the Wellington region - February 2021
DistrictAverage asking price - February 2021
Wellington CityWellington City$890,200$890,200
PoriruaPorirua$767,850$767,850
Kapiti CoastKapiti Coast$696,900$696,900

Small houses reach new record

Urban properties hit new high