Feature article
The 20 most expensive suburbs of 2026
New Zealand's priciest postcodes
AI summary
Arrowtown has surged to become New Zealand's most expensive suburb, with its Property Price Index reaching $3,026,200. The Otago village now leads the market, surpassing top Auckland suburbs.
Parnell ($2,640,350) and Westmere ($2,598,900) claim the second and third spots, while former frontrunner Remuera has slipped to fourth. This data, from the first quarter of the year, shows Auckland's continued dominance in the top 20, but highlights significant value growth in key lifestyle destinations.
| 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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