The average Auckland house vs the rest of NZ

Auckland’s house prices hit a meteoric average of $828,502 last month, up 9pc on the month before that.

This was our first house:

amaru front

 It’s a three bedroom bungalow on a 1/3 share of a quarter acre section in One Tree Hill.  We bought it in 2005 for $435,000, and subsequently cleaned it within an inch of it’s life, adding another $40,000 of value, before moving in. We sold it in 2007 when we relocated to Wellington for $567,000. The rest of the pictures are here – I forgot how beautiful it was.

I’d say the average Auckland house price as announced yesterday of $828,000 is probably a fair reflection of what it is worth today.  So that’s what you can buy in Auckland. It’s 160m2 on 412m2, but in a good location, close to One Tree Hill. The school zones are a bit so-so.

So what is the average Auckland house going to get you in other parts of New Zealand?  Here’s a brief, unscientific snapshot of where you could live for the rough cost of an “Average Auckland House”.

Hamilton:

Hamilton

This is a 293m2 house in St Andrews. The listing describes:

The elevated property with a striking 1,492m2 (more or less) section and exquisite family home is a 5 minute commute from the CBD & also offers the opportunity to work from home (and walk to golf!). Across the road from the St Andrews golf course with panoramic, treed views to the Waikato River & as far as Mt Te Aroha.

Wellington:

You could live here, 4br, 260m2 property on 1037m2 in prestigious Karori:

wellington

A city-end Karori address on a private and sunny site. An elegant warm and inviting home featuring four bedrooms, three bathrooms, three sunrooms, formal and informal living.

You could run a 6 bedroom Bed and Breakfast in Turangi:

turangi

Two storey home with wrap around veranda. Can sleep 16+ easily and comfortably.  Suit large family or group of families to share. Large amount of storage. Established garden, low maintenance with outdoor dining area, furniture included. Secluded native garden with plumbed outdoor bath. Garden lighting and watering system. Tar-sealed drive and ample off street parking.

This house, incidentally, has a floor area of 498m2 – bigger (by 80m2) than the entire piece of land the house in Auckland sits on.

You could live in this 5 br “sprawling family oasis” on 1148m2 in Richmond, Nelson:

nelson

This impressive 328sqm home opens the door to your new life surrounded by modern luxuries and in an exclusive location. The instant street appeal will entice you to venture into this beautiful home. Adults and children alike will enjoy entertaining friends on the expansive patio and lawn areas, all flowing from the kitchen, dining and living space.

Or, simply, you could own The Grange, Dunedin.

dunedin

The well known Grange is on the market for the first time in decades. Essentially a grand refurbishing project the opportunity is there to create your own style of home utilising the classic premium building features inherent throughout the executive residence. Significant out-buildings could also be converted for a multitude of different uses, and there is exceptional parking. The 511sqm (approx.) homestead has five bedrooms, office, three bathrooms, spa and sauna, formal lounge and dining room, family room and a country style kitchen/dining area. The grounds are now limited to 9714sqm (approximately) and are beautifully landscaped and planted.

Which, as you I am sure you are likely to agree, is far more than “Average”.

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One thought on “The average Auckland house vs the rest of NZ

  1. I had a similar experience trying to sell my mother’s house in Blenheim in 2012-13. Three bedrooms, on a quarter acre four blocks from the town centre, no one was interested in paying the capital value/rating value of $320,000. In Auckland it would have been $500,000+.

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