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The priciest property sales this year: Auckland and Queenstown dominate but other towns almost broke in
Explore the 10 priciest property sales of the year. Discover why Auckland and Queenstown dominate the luxury market.
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New Zealand's luxury property market is thriving, with Auckland and Queenstown dominating this year's top sales. The highest confirmed sale was $23 million for a Mission Bay home.
Despite a flat broader market, sales over $5m are up significantly. Trade Me data shows searches for properties over $10m have jumped 23%. Buyers are a mix of locals and internationals, with a recent surge in overseas buyers travelling to view properties, which is also motivating local buyers to act.
This Auckland villa at 65 Marine Parade, Herne Bay sold for $15m in April. Photo: homes.co.nz
80 Paritai Drive, left, sold for $12.5m, and 82 Paritai Drive, right, sold for $11.38 million.
Andersons Cove in Auckland’s Mangawhai sold in May with the sale price so far confidential, but it could have sold for as much as $40m. The 10-bedroom multi-home property was the former home of David Nathan.
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