Staggering divide between super-rich and rest of us in property markets

PHOTO: MICHAEL BRADLEY – 19 O’Neills Ave in Takapuna sold for almost $29 million in 2017.

New figures have revealed the staggering divide between the super-rich and the rest of us in New Zealand’s city property markets.

At the top end is New Zealand’s most expensive house sold in 2017 – a beachfront home on Auckland’s North Shore, which reclaimed its title of the country’s dearest after selling for almost $29 million.

Figures from property valuation company CoreLogic have revealed the most and least expensive house sales in 2017.