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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 .
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 ...
By 2011, Shamrock Park had become the suburb with the largest average house size in New Zealand, with residences having an average floor size of 306 m 2 (3,290 sq ft). [ 11 ] [ 12 ] Shamrock Park had become one of the most expensive suburbs in Auckland by the early 2020s, being the area with the highest median house price outside of the ...
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]
Suburbs within the Auckland metropolitan area of northern New Zealand, as defined by the Urban/Rural boundary in the Statistical Standard for Geographic Areas 2018 (SSGA18). Note that the divisions between Auckland suburbs are not officially defined, and may therefore overlap somewhat. For lists of suburbs, see List of suburbs of Auckland
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