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The priciest property sales this year: Auckland and Queenstown dominate but other towns almost broke in
Explore the 10 priciest property sales of the year. Discover why Auckland and Queenstown dominate the luxury market.
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New Zealand's luxury property market is thriving, with Auckland and Queenstown dominating the year's most expensive sales. The top sale was a $23 million home in Mission Bay, Auckland.
While the broader market is flat, sales over $5 million are up significantly, according to NZ Sotheby's. This is driven by a mix of local buyers, often motivated by school zones, and returning international buyers from the US, Asia, and Europe seeking lifestyle properties and second homes.
This Auckland villa at 65 Marine Parade, Herne Bay sold for $15m in April. Photo: homes.co.nz
80 Paritai Drive, left, sold for $12.5m, and 82 Paritai Drive, right, sold for $11.38 million.
Andersons Cove in Auckland’s Mangawhai sold in May with the sale price so far confidential, but it could have sold for as much as $40m. The 10-bedroom multi-home property was the former home of David Nathan.
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