PHOTO: Peter Meecham – Average property values in Auckland have crossed the $1 million mark.
Buying a house in Auckland is difficult. With average property values of more than $1 million, getting on the ladder in our biggest city seems to be out of the reach of most ordinary people and even some reality TV stars and social media influencers.
Property values have stabilised in Auckland in 2018, but the average remains in seven figures, although there is variation in values across different parts of the city.
In the eastern suburbs the average is more like $1.5 million, while in Papakura and Franklin County, the southern-most parts of the city, prices of $700,000 and below are common.
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