cheapest residential property

PHOTO: TRADE ME This is the cheapest residential listing on Trade Me.

A one-bedroom apartment with remediation issues was Auckland’s cheapest residential property sale in the last quarter of 2019, new data from shows.

The 34 square metre apartment at 135 Hobson St, Auckland Central, was advertised as a short-notice auction in a “building about to be upgraded”.

It changed hands for $140,500 in December. The cheapest freestanding house in the city was a two-bedroom property on Royal Rd, Massey, which sold for $416,000.

In Wellington, an apartment in the Quest on Johnston St was the cheapest sale, at $122,000. A property on  Main Rd, Tawa, was the cheapest  house, changing hands for $348,500.


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