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- Auckland’s average house price has officially cracked the $1 million mark.
QV has released its latest data, which shows nationwide residential property values increased 14.6 per cent in the year to August.
Across Auckland, the average value is now $1.01m, up 16 per cent from 2015.
The central suburbs and North Shore now have an average value of $1.18m, Manukau is at $881,828 and Waitakere is at $806,832.
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PETER MEECHAM/FAIRFAX NZ
Investors are hesitating but Auckland house prices are now more than $1m on average, QV says
READ MORE VIA STUFF