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What is the richest part of Auckland?

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What is the richest part of Auckland?

Herne Bay
Auckland’s exclusive Herne Bay remains New Zealand’s most expensive suburb and Takapuna takes the title for the most expensive property sale so far this year.

What is the richest street in Auckland?

An examination of all the residential property sales since 2000 found Auckland’s Remuera to have the most $5 million-plus sales. Paritai Drive, in neighbouring Ōrākei, has long been known as the home of New Zealand’s most expensive house – the former Hotchin mansion, which sold for $38.5 million in 2013.

What is the best suburb to live in Auckland?

Best Suburbs in Auckland:

  • Devonport. A popular ‘burb for ex-pats, Devonport is one of the oldest settlements in Auckland.
  • Takapuna. Takapuna is one of Auckland’s most sought-after beachside suburbs.
  • Parnell. One of the most desirable and affluent suburbs in Auckland is Parnell.
  • Ponsonby.
  • Epsom.
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What is the best part of Auckland?

The Coolest Neighbourhoods in Auckland, New Zealand

  • Devonport. Devonport is at the southernmost point of Auckland’s North Shore, and is one of the city’s oldest settlements.
  • Ponsonby.
  • Parnell.
  • Mission Bay.
  • Herne Bay.
  • St.
  • Grey Lynn.
  • Kingsland.

Is Remuera expensive?

The second-most expensive street is Stack Street, also in Herne Bay, with a median value of $5.6m spread across its seven properties. Remuera’s Westbury Crescent is third on $5.35m.

What is the most expensive house in NZ?

The ‘most expensive house in New Zealand’ sells for $17.5m

  • A luxury five-bedroom home in Queenstown’s exclusive Wyuna Preserve fetched $17.5 million.
  • A stunning four-bedroom home at Twin Peak View sold for $17m last month.
  • The property is set within the stunning hilltops of Glenorchy.

What is the biggest suburb in Auckland?

Kingsland
Kingsland. Kingsland is an inner-city suburb of Auckland Central, New Zealand’s largest and most populous metropolitan area.

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Why is South Auckland so poor?

Most are labouring in low skilled, low paying jobs. Ironically, South Auckland has a significant share of jobs for the entire region but is still poor compared to other areas because it is less skilled, low paying work.

Which Auckland suburbs are the most expensive to live in?

The only suburb to make the list that wasn’t in Auckland was Lowry Bay in Wellington. The country’s most expensive suburb Herne Bay has an average house price of $1.85 million, 25 times more expensive than the average house price in the country’s cheapest suburb Patea.

Why is Auckland’s property market so expensive?

Demand drives Auckland’s property market, with many immigrants and migrants within New Zealand choosing to settle in the city. The most expensive house to sell last year was a beach-front mansion in Herne Bay which sold for $8.3m, which was 800 times more expensive than the Ohai, Southland property which sold for the lowest price – just $10,000.

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Where are the best areas to live in Auckland for expats?

Here are 6 great areas to live in Auckland for expats: 1 Auckland Central Business District (CBD) 2 Ponsonby 3 Parnell 4 Howick 5 Newmarket 6 Devonport.

What is the Auckland urban area?

The Auckland Metropolitan Area: located in the North Island of New Zealand, this is the largest and most populous urban area in the country and the chief port for goods coming in and out. It’s also the industrial hub for the country. The Auckland Urban Area: this is the area that ranges from Waiwera in the north, down to Runciman in the south.