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

Argosy delivers strong first-half results
Economy

Argosy delivers strong first-half results

Earnings and net tangible asset value per share up. 

Asset Plus' first-half profit lower as Munroe Lane in focus
Economy

Asset Plus' first-half profit lower as Munroe Lane in focus

First-half net tangible assets per share down on the year. 

Fletcher Residential worth $850m ‘on a good day’
Infrastructure

Fletcher Residential worth $850m ‘on a good day’

Shareholders have been clear no asset sales should be on the cheap.

Vital pays the price of shedding Toronto flu
Opinion Stock & Trade

Stock & Trade: Vital pays the price of shedding Toronto flu

Costly clean-up comes with some fishhooks but largely positive for unitholders.

Stock & Trade 14 Nov 2025