New Zealand’s most and least affordable streets revealed

The most expensive street to buy a home in New Zealand is in Auckland’s Herne Bay, according to Ray White’s chief economist.

Nerida Conisbee investigated the nation’s most and least expensive streets and found the most expensive was Marine Parade with a median house price of $9.375 million.

Auckland’s most affordable street is Port Albert Road in Wellsford, with a street median of $547,500.

Christchurch’s most expensive street is Jackson Road, Merivale, with a house price median of $2.55 million, while the city’s most affordable is Grimseys Road, Redwood, with a street median of $507,000.

In Wellington, Oriental Parade, Oriental Bay, is the most expensive street with a street median of $3.1 million, while Mark Avenue, Paparangi, is the most affordable street with a house price median of $639,000.

While Marine Parade is likely expensive due to its waterfront views, that’s not the case with all of New Zealand’s expensive streets, Conisbee said.

“Marine Parade in Herne Bay tops the list as the most expensive street in New Zealand, and although it has water views, it is not necessarily the case for every city’s priciest addresses.