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As of 2019, the average house price in New Zealand exceeded NZ$700,000, with average prices in the country's largest city, Auckland, exceeding $1,000,000 in numerous suburbs. [33] The ratio between median house price and median annual household income increased from just over 3.0 in January 2002 to 6.27 in March 2017, with Auckland's figures 4. ...
The 1960s and 1970s saw rapid development of suburbs on the North Shore, and by the 1980s Howick, Manurewa and Papakura had become part of the Auckland urban area. [1] Current predictions of urban growth show new suburbs developing in northwestern Auckland near Whenuapai , and a continuous urban expansion between Papakura and Pukekohe .
This is the lowest rate of home ownership since 1951. This is partly due to the increase in New Zealand house prices which since 1990 have increased faster than any other OECD country. [56] Housing in New Zealand has been classified as 'severely unaffordable' with a score of 6.5 under the median measure housing affordability measure. [57]
In August 2022, the Real Estate Institute of New Zealand (REINZ) reported the median house price in the Auckland region was $1,100,000, ranging from $900,000 in the former Papakura District area to $1,285,000 in the former North Shore City area, This is compared to a median price of $700,000 outside of Auckland. [118]
Herne Bay / h ɜːr n / is a suburb of Auckland, New Zealand. It is located on the southwestern shore of the Waitematā Harbour to the west of the Auckland Harbour Bridge. It is known for its extensive harbour views, marine villas and Edwardian age homes. Herne Bay has been a prosperous area since the 1850s due to its outlook over the Waitemata ...
The 2006 population is for a smaller area of 1.86 km 2. Source: [ 4 ] [ 5 ] Unsworth Heights had a population of 6,348 in the 2023 New Zealand census , an increase of 144 people (2.3%) since the 2018 census , and an increase of 537 people (9.2%) since the 2013 census .
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