New map shows New Zealand suburbs with fastest rising house prices

A new interactive map shows which New Zealand suburbs have the fastest rising house prices and which areas are the most expensive.

CoreLogic's Mapping the Market gives an insight into how the value of property varies across cities throughout the country, as well as how values have changed over time.

Kelvin Davidson, CoreLogic's senior property economist, says the surge in home values they have seen over the past six to nine months would "make it challenging" for prospective home buyers to understand which suburbs match their budgets.

He hopes the new map will help deliver an easy to interpret explanation of the current property market.

"By clicking on any particular NZ suburb users can instantly see its current median property value, values a year ago, and the percentage and dollar change over that period with the aim to help enhance their property buying journey."


Auckland's Herne Bay remains the highest-priced suburb in the city - and all of New Zealand - with a median property value of $3 million. There are 12 suburbs across Auckland with a median value of at least $2 million and 139 with a value of at least $1 million.

All suburbs have seen median values rise over the past year, ranging from more than 20 percent in Otara, Manurewa East, and Red Hill, down to just a 1 percent increase in Auckland Central.

In dollar terms, the largest rise has been in Saint Mary's Bay ($323,350) while 144 other suburbs have seen gains of at least $100,000.


Harrowfield has the highest median property value ($937,050), which is just ahead of Flagstaff ($924,900) as Hamilton's priciest suburb. Bader is the cheapest, having a median house price of $518,650.

However, Bader has had the largest rise over the past year at 17.6 percent. Only two Hamilton suburbs saw a rise of less than 10 percent. 

In dollar terms, Queenwood, Chedworth, and Pukete have seen increases of at least $100,000.


Mount Maunganui was the first suburb in Tauranga to reach the $1 million median mark, which happened just last quarter. Its median value is now $1.11m, while Matua has also reached $1 million. Parkvale is the cheapest at $586,900.

However, Parkvale has topped the growth ranking (18.9 percent) over the past 12 months, with Matua's gain ($132,300) the largest in dollar terms.

New map shows New Zealand suburbs with fastest rising house prices
Photo credit: Getty Images


Seatoun is the priciest suburb in wider Wellington, which has a median price of $1.66 million. There are 26 suburbs in the city that have median house prices of over $1 million suburbs, compared to 12 last quarter. No suburbs have a median price of less than $500,000.

Titahi Bay has had the highest growth over the past year (22.9 percent) and Mount Victoria has had the lowest (6.8 percent). In dollar terms, Karaka Bays has had the highest increase ($199,500), with 70 other suburbs seeing gains of at least $100,000.


Christchurch has five suburbs that have median house prices of more than $1 million, with Scarborough on top with $1.27 million. The suburb with the lowest median house price is Phillipstown, at $331,650.

All of Christchurch's suburbs have seen median values rise in the past year, with Ilam on top with 13.6 percent. Two suburbs have had gains of at least $100,000, which are Merivale and Kennedys Bush.


Maori Hill is the priciest part of Dunedin ($907,700), with South Dunedin the cheapest ($400,350). Only nine suburbs are below the $500,000 mark.

All suburbs have seen median values rise over the past year, ranging from 17.6 percent in North East Valley to 6.9 percent in Maori Hill. Vauxhall's gain in dollar terms over the past year was $101,250, ahead of Company Bay at $91,150.