Auckland, New Zealand
Property prices · 2026 · Oceania · Price +2.9% vs 2025
Property price trend in Auckland (2024–2026)
Property comparison — cities in New Zealand (2026)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Auckland |
|---|---|---|---|---|
| Auckland | NZD 13,375 | NZD 8,774 | NZD 2,354 | — |
| Wellington | NZD 10,486 | NZD 6,955 | NZD 2,033 | -21.6% |
| Christchurch | NZD 7,704 | NZD 5,136 | NZD 1,605 | -42.4% |
Other Oceania cities (2026)
Frequently asked questions
How much does property cost in Auckland in 2026?
In Auckland, the average price per sqm in the city centre is NZD 13,375, and NZD 8,774 outside the centre (2026 data). Prices have risen 7% since 2024.
How much is rent in Auckland in 2026?
A 1-bedroom apartment in Auckland rents for approximately NZD 2,354 per month in 2026. A 3-bedroom apartment costs around NZD 4,280/month.
Is it better to buy or rent in Auckland?
Renting is generally more cost-effective in Auckland. The price-to-rent ratio is 22.0x — it would take approximately 22.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 6.80%.
What are mortgage rates in New Zealand in 2026?
The average mortgage rate in New Zealand is approximately 6.80% as of 2026. With a price-to-rent ratio of 22.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in Auckland changed?
Property prices in Auckland have changed +2.9% vs 2025. Since 2024, prices have increased by 7%. Use the year tabs above to compare prices across years.
What is the price per sqm in Auckland?
The average property price per square metre in Auckland city centre is NZD 13,375 in 2026. Outside the centre, expect to pay around NZD 8,774/sqm.