Are Kiwis still moving from urban areas to lifestyle properties in the city fringes? Buying a lifestyle property still appears to be popular with over 2,200 lifestyle properties sold in 2019 to date.
The towns where lifestyle properties form the highest percentage of the town’s housing stock are highlighted above*, but this new lifestyle comes at a cost. Lifestyle properties just outside of Auckland in Helensville and Kumeu cost $460k and $849k respectively more than others in the towns. These are also significantly more than the median Auckland HomesEstimate of $885k.
Below are examples of the highest value lifestyle properties sold this year.
Below are examples of some bargain lifestyle properties sold this year.
Trends in our Main Cities
This month all the main centers have continued to see an increase in median HomesEstimates apart from Auckland which has dropped 3.1%. Wellington and Dunedin continue to show strong growth with median HomesEstimates up by 10.1% and 12.9% respectively.
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