Otago , known for its stunning landscapes of snow-capped mountains and a matchless outdoor lifestyle , claims two spots in the top 10 , with Queenstown and Wānaka , ranking third and fifth , respectively .
Queenstown , often dubbed the ‘ Adventure Capital of the World ’, offers luxury units priced around $ 5.2 million . The area ’ s scenery , outdoor pursuits , and world-class amenities draw affluent buyers from around the world , seeking a lifestyle centred around adventure and natural beauty .
Wānaka may have a relatively low proportion of apartments and attached housing , however , its stunning lakeside views net a price premium , making it an exceptionally attractive location for buyers of high-end real estate .
Wellington , the nation ’ s capital city , rounds out the list with two additional entries . Oriental Bay ranks ninth , showcasing its beautiful beachfront charm on the shores of the Wellington Harbour .
Luxury units here are priced around $ 3.97 million . Further into town , Te Aro is known for its eclectic mix of urban living and a vibrant cultural fabric . Here , apartment and units are priced around $ 3.45 million – highlighting the city ’ s desirability for buyers seeking a cosmopolitan lifestyle .
These results showcase the high-end opportunities in some of our main centres , underscoring the enduring appeal for buyers of living in a landscape characterised by stunning natural beauty , vibrant communities and excellent amenities .
For buyers and sellers , these suburbs offer significant opportunities for investment and lifestyle enhancement . With demand for luxury homes forecast to outpace supply , the allure of New Zealand ’ s luxury property market will remain strong , making it an exciting category to watch for investors in the coming years .
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