Geographic Information
Description of New Zealand
It wasn’t as if New Zealand’s tourism industry was even in need of a pick-me-up, but in the years following the shooting of Lord of the Rings, the country has experienced the boom of all booms. It’s a stunning corner of the world that combines British and Australian influences to give birth to a unique charm the likes of which is enchanting and intoxicating.
Property prices in key regions of New Zealand have been climbing for quite some time – Wellington experiencing 7 per cent growth in 2013, Auckland 10 per cent and Nelson an impressive 14.6 per cent. Rental returns are also heading skywards, having tipped the 9 per cent mark in Auckland and 7 per cent in Wellington. High taxes are to some extent augmented by very low buying costs, while year-round demand solidifies New Zealand’s position as one to watch for investment.
Current Property Prices in New Zealand
1,397 properties listed for sale in New Zealand
1 bed apartments:
16 listed for sale£35,474 to £323,382
Average: £201,953
2 bed apartments:
18 listed for sale£116,705 to £582,293
Average: £288,153
3 bed apartments:
6 listed for sale£100,254 to £498,697
Average: £268,885
2 bed houses:
51 listed for sale£53,983 to £470,421
Average: £170,536
3 bed houses:
213 listed for sale£69,406 to £1,233,376
Average: £271,927
4 bed houses:
107 listed for sale£40,616 to £1,516,657
Average: £370,774
5 bed houses:
19 listed for sale£133,671 to £3,341,786
Average: £586,233
Studios:
1 listed for sale£35,474 to £35,474
Average: £35,474
Key Facts:
Currency: NEW ZEALAND DOLLARTime Zone: UTC+12:00
DialCode: 64
Languages: Māori language
Capital: Wellington
Population: 4,027,947
GDP: $161.851 billion
Latest News & Features for New Zealand
Latest News
Auckland house price growth slows, as regions reach double digits
Iceland is leading global house price growth
The world’s longest commercial flight touches down in New Zealand
New Zealand caps lending for residential property investors
Christchurch “well down road of recovery” as new homes increase
New Zealand scraps plans to tax foreign investors
Auckland house sales “restrained” in April
Auckland property prices dip – but for how long?
Regeneration work continues apace in Christchurch
New Zealand property prices hit new record
Rental season starts early in New Zealand
New Zealand building consents up as Auckland supply shortage continues
New Zealand cracks down on property tax
“Unprecedented” month sees Auckland market break records
New Zealand migration up
New Zealand construction hits seven-year high
China fuels rise in New Zealand visitors
New Zealand ends 2014 with “much higher” sales than expected
Busy December drives Auckland house prices to new highs
Portal joins calls for Kiwi register of foreign buyers
Iceland is leading global house price growth
The world’s longest commercial flight touches down in New Zealand
New Zealand caps lending for residential property investors
Christchurch “well down road of recovery” as new homes increase
New Zealand scraps plans to tax foreign investors
Auckland house sales “restrained” in April
Auckland property prices dip – but for how long?
Regeneration work continues apace in Christchurch
New Zealand property prices hit new record
Rental season starts early in New Zealand
New Zealand building consents up as Auckland supply shortage continues
New Zealand cracks down on property tax
“Unprecedented” month sees Auckland market break records
New Zealand migration up
New Zealand construction hits seven-year high
China fuels rise in New Zealand visitors
New Zealand ends 2014 with “much higher” sales than expected
Busy December drives Auckland house prices to new highs
Portal joins calls for Kiwi register of foreign buyers
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NZ homes at ‘most affordable’ level in 6 years