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Price extremes in New Zealand s housing market revealed

Auckland, which now has a median value of $1 million, dominates the most expensive suburbs. Of the 10 most expensive suburbs, nine are in Auckland and one is in Wellington, according to Homes.co.nz. The 10 most expensive suburbs are Herne Bay, Saint Mary’s Bay, Shamrock Park, Oriental Bay (Wellington), Westmere, Ponsonby, Stanley Point, Remuera, Epsom and Campbells Bay. Their median price ranges from $1.94m in Campbells Bay up to $3m-plus in Herne Bay. Homes.co.nz chief data scientist Tom Lintern says the $2m club is now eight suburbs strong, with Herne Bay being the only suburb with median values exceeding $3m.

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