News | Christchurch
29 Mar 2024 18:39
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  •   Home > News > National > Christchurch

    Not one suburb in Auckland has an average property value below half-a-million dollars

    Not one suburb in Auckland has an average property value below half-a-million dollars


    That's according to new OneRoof research conducted with its data partner Valocity, looking at house price inflation from January 2020 to January this year.

    Overall, the number of suburbs nationwide with an average house value of less than 500-thousand has dropped from 975 to 488 in that time.

    OneRoof Editor Owen Vaughan says in Auckland, only a handful have an average value of less than one-million dollars.

    He says most of those are on the fringes of the city - so you're looking at big commutes for areas that have very few amenities.

    © 2024 Newstalk ZB, NZCity

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     Today's News

    Business:
    New Zealand Food Safety is supporting Matakana Smokehouse in its recall of a specific batch of two of its salmon products because of the possible presence of Listeria 18:37

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    Simon Cowell has adopted another puppy just months after he brought home a new German Shepherd called Pebbles 18:23

    Law and Order:
    A 30-year-old has been charged with murder after a body was found in a burnt-out car earlier this week 18:07

    Entertainment:
    Tracee Ellis Ross has paid a glowing birthday tribute to Diana Ross 17:53

    Rugby League:
    NRL Good Friday: Bulldogs take on desperate Rabbitohs, Broncos renew rivalry with Cowboys 17:37

    Cricket:
    Cricket's best female all-rounder has led England to a 4-1 T20 series win over New Zealand 17:27

    Entertainment:
    YouTube star Ninja has been diagnosed with cancer at the age of 32 17:23

    Rugby League:
    The South Sydney rugby league team is ready to lift itself off the canvas and floor the Canterbury Bulldogs in their Good Friday NRL contest 17:17

    Golf:
    Kiwi golfer Lydia Ko heads into the second round of the latest LPGA tournament in Arizona right on the cusp of the cut 17:07

    Rugby League:
    South Sydney rugby league coach Jason Demetriou has urged fans not to worry about his mental health 16:57


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