January 2023

REINZ Residential Property Review

January 2023

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  Median Sales Price Sales Numbers
SUBURB 2022 2023 Variance % 2022 2023 Variance %
Hibiscus Coast (Silverdale - Hatfields) $1,350,500 $883,000 -35% 48 23 -52%
Rodney West $1,795,000 - - 20 10 -50%
East Coast Bays $1,388,000 $1,155,035 -17% 46 31 -33%
Albany $985,000 $1,163,000 18% 21 16 -24%
Glenfield $1,300,000 $1,000,000 -23% 28 17 -39%
Takapuna / Milford $1,725,000 $1,390,000 -19% 28 12 -57%
Devonport $1,650,000 - - 9 5 -44%
Birkenhead $1,200,000 $1,395,000 16% 27 16 -41%
Upper Harbour $1,275,000 $1,110,000 -13% 30 26 -13%
Henderson $960,000 $925,000 -4% 53 17 -68%
Te Atatu / Glendene $1,045,000 $835,000 -20% 25 15 -40%
Glen Eden / Sunnyvale / Oratia $964,000 $812,500 -16% 30 21 -30%
Titirangi / Langholm $1,480,000 $872,500 -41% 16 7 -56%
Avondale / Waterview $1,350,000 $885,000 -34% 20 7 -65%
Pt Chev / Western Springs $1,700,000 - - 6 2 -67%
Mt Albert / Sandringham $1,710,000 $875,000 -49% 13 12 -8%
Mt Eden / Epsom $1,503,873 $1,375,000 -9% 24 29 21%
Eden Terrace / Grafton - - - 4 7 75%
Ponsonby / Grey Lynn / Westmere - $1,850,000 - 11 13 18%
City Centre $420,000 $340,000 -19% 47 51 9%
City Bays $2,068,000 - - 9 4 -56%
Mt Roskill / Lynfield $1,300,000 $1,040,000 -20% 16 11 -31%
Onehunga / Penrose $980,000 $1,000,000 2% 14 11 -21%
Ellerslie / Panmure $1,068,000 $860,000 -19% 12 7 -42%
Remuera / Parnell $2,550,000 $2,027,500 -20% 24 28 17%
Mt Wellington / Stonefields $1,292,500 $960,000 -26% 23 16 -30%
Eastern Suburbs $1,180,000 $1,050,000 -11% 33 11 -67%
Eastern Beaches $1,435,000 - - 34 19 -44%
Dannemora / Clover Park / Flat Bush $1,313,500 $1,530,000 16% 55 30 -45%
Manukau - - - 3 1 -67%
Papatoetoe $990,000 $855,000 -14% 45 23 -49%
Manurewa $980,000 $750,000 -23% 26 27 4%
Papakura $928,000 $770,000 -17% 85 58 -32%
Auckland $1,200,000 $940,000 -22% 1,323 943 -29%
New Zealand $879,000 $762,500 -13% 3,777 2,759 -27%

 

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