Central Otago Lakes homes at a $565,000 premium to Auckland

Central Otago Lakes homes at a $565,000 premium to Auckland
Queenstown is well ahead of national house price average. (Image: BusinessDesk)
Brent Melville
New real estate listings climbed 10.5% nationally last month, while the Central Otago Lakes district put more daylight between it and Auckland, hitting an average asking price of $1.62 million. Listings site realestate.co.nz reported 7,347 new property listings across the board in January, with a 22.4% increase in Auckland listings to 2,461.  The biggest jump in homes headed to market was in Wairarapa, which had a 42.9% jump to 110, while Coromandel's 139 listings were a 26.4% year-on-year increase.Although the number of...

More Property

Court to decide if Du Val investors' claim can proceed
Property

Court to decide if Du Val investors' claim can proceed

Investors who swapped debt for equity accuse FMA of devaluing their shares.

Vector faces fresh complaint on unfair contract terms
Property

Vector faces fresh complaint on unfair contract terms

Vector faces more scrutiny over contract terms after Commerce Commission advice.

Garth Bray 02 Jul 2025