Inside New Zealand ’ s priciest suburbs for apartment and units
Atom Go Tian Senior Data Analyst Ray White Group
The luxury property market in New Zealand has continued to flourish despite economic challenges , with a clear concentration of high-end apartment and unit sales in Auckland .
From Ray White ’ s research , the ‘ Super City ’ recorded six of the top 10 most expensive suburbs nationwide for luxury apartments and units .
Luxury units are properties in the 95th percentile of all units sold , which now command a price tag of $ 1.3 million and above . This represents a 2.7 per cent increase from 2023 and a nine per cent increase over the last five years .
Auckland ’ s dominance in the data underscores the city ’ s status as the premier destination for high-end living , attracting more affluent buyers seeking a blend of lifestyle , amenities , and investment potential .
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