Feature article
The 20 most expensive suburbs of 2026
New Zealand's priciest postcodes
AI summary
Arrowtown is now New Zealand's most expensive suburb, with a Property Price Index of $3,026,200. The Otago town has overtaken Auckland's Parnell ($2.64M) and Westmere ($2.59M), which now sit in second and third place.
While Auckland suburbs still dominate the top 20, this shift highlights the high value placed on key lifestyle destinations. The data, based on listings from the first quarter of 2026, reflects the continued strength of property in desirable locations.
| Suburb | Property Price Index | ||
|---|---|---|---|
| 1. Arrowtown, Queenstown-Lakes | 1. Arrowtown, Queenstown-Lakes | $3,026,200 | $3,026,200 |
| 2. Parnell, Auckland City | 2. Parnell, Auckland City | $2,640,350 | $2,640,350 |
| 3. Westmere, Auckland City | 3. Westmere, Auckland City | $2,598,900 | $2,598,900 |
| 4. Remuera, Auckland City | 4. Remuera, Auckland City | $2,378,500 | $2,378,500 |
| 5. Ponsonby, Auckland City | 5. Ponsonby, Auckland City | $2,300,650 | $2,300,650 |
| 6. Devonport, North Shore City | 6. Devonport, North Shore City | $2,139,750 | $2,139,750 |
| 7. Saint Heliers, Auckland City | 7. Saint Heliers, Auckland City | $2,055,450 | $2,055,450 |
| 8. Kohimarama, Auckland City | 8. Kohimarama, Auckland City | $2,028,800 | $2,028,800 |
| 9. Ōrākei, Auckland City | 9. Ōrākei, Auckland City | $2,028,400 | $2,028,400 |
| 10. Mission Bay, Auckland City | 10. Mission Bay, Auckland City | $2,005,400 | $2,005,400 |
| 11. Wānaka, Wānaka | 11. Wānaka, Wānaka | $1,974,350 | $1,974,350 |
| 12. Glendowie, Auckland City | 12. Glendowie, Auckland City | $1,973,350 | $1,973,350 |
| 13. Town Centre, Queenstown-Lakes | 13. Town Centre, Queenstown-Lakes | $1,972,200 | $1,972,200 |
| 14. Epsom, Auckland City | 14. Epsom, Auckland City | $1,854,600 | $1,854,600 |
| 15. Greenhithe, North Shore City | 15. Greenhithe, North Shore City | $1,846,500 | $1,846,500 |
| 16. Riverhead, Rodney | 16. Riverhead, Rodney | $1,839,950 | $1,839,950 |
| 17. Fendalton, Christchurch City | 17. Fendalton, Christchurch City | $1,824,200 | $1,824,200 |
| 18. Takapuna, North Shore City | 18. Takapuna, North Shore City | $1,791,850 | $1,791,850 |
| 19. Freemans Bay, Auckland City | 19. Freemans Bay, Auckland City | $1,784,950 | $1,784,950 |
| 20. Oneroa, Waiheke Island | 20. Oneroa, Waiheke Island | $1,761,050 | $1,761,050 |
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