New Zealand ’ s fastest-growing coastal suburbs
Atom Go Tian Senior Data Analyst Ray White Group
New Zealand ’ s top-performing coastal suburbs are spread across both the North and South Islands , with strong representation from Otago and Canterbury .
Growth has been significant , ranging from 110 per cent in Canterbury ’ s Akaroa to an extraordinary 372 per cent in Auckland ’ s Te Arai over five years .
Our research found that the South Island dominated with six of the top-performing coastal markets . In Otago , Taieri Beach has surged 235 per cent to reach a median sale price of $ 875,000 , while Harrington Point sits at $ 450,000 ( 143 per cent growth ).
Canterbury is led by Clifton ( 132 per cent ), Kaikōura Flat ( 129 per cent ) and Akaroa . A standout performer is Kumara Junction on the West Coast , which recorded 333 per cent growth , placing it second overall with a $ 650,000 median value .
In the North Island , Te Arai leads with the highest growth rate and the highest median price ( 3.8 million ). The area has seen significant high-end development and is emerging as one of the country ’ s premium and most exclusive coastal enclaves .
Whangapoua in the Coromandel has also appreciated significantly , climbing 170 per cent to $ 2.5 million . The top-performing coastal suburbs also include Breaker Bay in Wellington ( 134 per cent ) and Tangimoana , Manawatū-Whanganui ( 133 per cent ).
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