Feature article
The 20 most affordable suburbs of 2026
New Zealand’s cheapest postcodes.
AI summary
For Kiwis looking to enter the property market, this report identifies New Zealand's 20 most affordable suburbs, a significant contrast to the $862,550 national average. Taumarunui leads the list with an average price of just $349,950.
The Manawatū/Whanganui region is a hotspot for affordability, claiming eight spots. Notably, 15 suburbs have average prices under $500,000, including Saint Kilda in Dunedin. This data highlights realistic options for buyers flexible on location across Aotearoa.
| Suburb | Property Price Index | ||
|---|---|---|---|
| 1. Taumarunui, Ruapehu | 1. Taumarunui, Ruapehu | $349,950 | $349,950 |
| 2. Westport, Buller | 2. Westport, Buller | $399,450 | $399,450 |
| 3. Castlecliff, Whanganui | 3. Castlecliff, Whanganui | $411,900 | $411,900 |
| 4. Te Kūiti, Waitomo | 4. Te Kūiti, Waitomo | $413,900 | $413,900 |
| 5. Strathern, Invercargill | 5. Strathern, Invercargill | $429,250 | $429,250 |
| 6. City Centre, Auckland City | 6. City Centre, Auckland City | $433,250 | $433,250 |
| 7. Dannevirke, Tararua | 7. Dannevirke, Tararua | $446,300 | $446,300 |
| 8. Pahiatua, Tararua | 8. Pahiatua, Tararua | $446,35 | $446,35 |
| 9. Tokoroa, South Waikato | 9. Tokoroa, South Waikato | $452,150 | $452,150 |
| 10. Kawerau, Kawerau | 10. Kawerau, Kawerau | $452,650 | $452,650 |
| 11. Flaxmere, Hastings | 11. Flaxmere, Hastings | $458,950 | $458,950 |
| 12. Marton, Rangitikei | 12. Marton, Rangitikei | $472,200 | $472,200 |
| 13. Balclutha, Clutha | 13. Balclutha, Clutha | $475,150 | $475,150 |
| 14. Whanganui East, Whanganui | 14. Whanganui East, Whanganui | $485,600 | $485,600 |
| 15. Tūrangi, Taupō | 15. Tūrangi, Taupō | $497,050 | $497,050 |
| 16. Waimate, Waimate | 16. Waimate, Waimate | $500,650 | $500,650 |
| 17. Roslyn, Palmerston North | 17. Roslyn, Palmerston North | $507,400 | $507,400 |
| 18. Gonville, Whanganui | 18. Gonville, Whanganui | $509,500 | $509,500 |
| 19. Linwood, Christchurch City | 19. Linwood, Christchurch City | $512,550 | $512,550 |
| 20. Saint Kilda, Dunedin | 20. Saint Kilda, Dunedin | $512,600 | $512,600 |
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