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Trade Me reveals surprise top suburbs - and the best streets

The list features some old favourites rising to the top along with a few surprises!

By Gavin Lloyd 29 August 2024

Villa in Grey Lynn (55A Sackville Street, Grey Lynn, Auckland City, Auckland)

New data from Trade Me Property shows the nation’s most popular suburbs feature some old favourites rising to the top - along with a few surprises.

Trade Me Property crunched the numbers of most-searched suburbs in Auckland, Wellington and Christchurch in July. In Tāmaki Makaurau Auckland, Remuera, Mt Eden and Grey Lynn were revealed as the top three most popular suburbs in searches, in Pōneke Wellington, it was Hataitai, Khandallah and Thorndon and in Ōtautahi Christchurch, Fendalton, Cashmere and Merivale came out on top.

“Buyers always like to know that they’ve made a smart decision with their property purchase and in today’s market it’s not surprising to see them focusing their searches on tried and true high quality suburbs in the main city centres,” says Gavin Lloyd, Trade Me Property Customer Director.

“Having identified the most popular suburbs, we also wanted to know which were the best streets in these in-demand suburbs,” he said. “So we asked some of our partners - busy local real estate agents - and though they complained it was a bit like asking to name your favourite child, they gave it a stab,” he said.

“If you’re in the market for a new home and have finance lined up now could be a great time to buy. There’s plenty of listings, average property prices are at a three year low and we’re finally seeing interest rates fall - it’s certainly a buyer’s market.”

Auckland

#1 Remuera - average asking price $2,414,750 (July 2024)

What’s so appealing about Auckland’s number one suburb when it comes to Trade Me property searches?

“It’s so handy to everything, you’re quickly into Newmarket, Parnell and town. There’s also a bit of that prestige factor - some Kiwi want to live in a well-known area like Remuera, which drives up demand and prices,” said Gavin Lloyd.

Trade Me’s current average asking price for Remuera is $2,414,750, up 0.3% year on year. (See graph above on recent price movement).

Remuera’s best streets: UP Real Estate’s Jo Johnstone and Ray White’s Steve Koerber in Remuera went with Arney Road and Arney Crescent, Victoria Ave, Bassett Road and Benson Road (among others) as some of the best streets in this eastern suburb.

#2 Mt Eden - average asking price $1,433,900 (July 2024)

When it comes to number two on the list in Auckland, Mt Eden continues to attract new residents every year, wooed by the schools, (many houses fall into the double grammar zone), the bustling village of cafes and bookshops, the eateries of Dominion Road and its handy location to venues like Eden Park.

Mt Eden best streets: According to local agents Ray White Mt Eden’s Rick Mozessohn and Barfoot & Thompson’s Liz Byers, Grange Road, Ashton Road, Woodford Road and Henley Road would be in the top four streets though you’re spoilt for choice.

Liz Byers, who moved with her family to Mt Eden over a year ago herself from Onehunga is loving the suburb, known for its elegant villas and leafy streets.

“I love walking through Mt Eden village, past all the cafes and then up Maungawhau with the dog for the best view of Auckland city you can find. Our family also enjoys choosing somewhere casual to eat on Dominion Road on a Friday or Saturday night where there is so much choice with different cuisines - giving the area such character.”

#3 Grey Lynn - average asking price $1,486,400 (July 2024)

Herne Bay and Ponsonby residents may have their noses put out of joint to find that Grey Lynn has pipped them to the post when it comes to Trade Me Property top property searches but this suburb seems to have taken on the “just right” category, says Gavin Lloyd.

Grey Lynn best streets: Top roads according to local agents Ray White’s Scott Wither and Bayleys Cristina Casares are Rose Road, Richmond Road, Scanlan Street and Sussex Street.

“The beauty of Grey Lynn homes is that they sit on sites that are typically larger than nearby Ponsonby ones and if you buy in the right street, you’re still very close to Ponsonby anyway - so you get the best of both worlds, “ says Casares.

Architecture lecturer Gina Hochstein

Why I live in Grey Lynn

Architecture lecturer Gina Hochstein and her husband Adrian Kelly bought in Sussex Street in Grey Lynn late last year, Hochstein having previously lived in Sandringham and Mount Eden.

Grey Lynn was the ultimate place for them to live for lifestyle and work. Both with busy careers, they like being able to walk everywhere when out and about in their spare time. The heritage architect immediately warmed to the small two bedroom, two storey worker’s cottage they found in their search. Built in the late 1890s, a compact 84 sqm on a 155 sq m site, it is one of a row of three and they like to sit out on the front porch with their breakfast coffees and watch life go by.

“The steps act like an extension of the dining room,” says Hochstein.

The couple had considered Freemans Bay and Ponsonby when they started their search. “But we liked Grey Lynn better because you’ve still got Ponsonby Road very close and it’s incredibly quiet,” says Hochstein.

The Grey Lynn resident agrees with Bayleys agent Cristina Casares that you get more land for your money in Grey Lynn and more house too than in nearby Ponsonby.

“Ponsonby prices were another $200,000 or $250,000 more for their price range in the mid $1 millions,” she says. The architecture lecturer has plans to add value to the home, moving the kitchen and dining room to inhabit the garden more and creating a new bedroom which will also be a music room.

Gina likes the fact that Grey Lynn has public green spaces. Grey Lynn Park is walking distance from their home and Kelly’s son likes to play on the swings there. The couple feel very connected to the community thanks to the park. Other favourite Grey Lynn spots they like to frequent are Copain French bakery and cafe, Suite Gallery and Public Record.

Wellington

The nation’s capital is a fascinating housing market with each suburb having such a different character, says Gavin Lloyd. Trade Me Property’s most searched suburbs in July were Hataitai, Khandallah and Thorndon.

“Those looking for a home in the capital could be in luck, with no shortage of supply and prices easing. If we look at listings on Trade Me we’ve seen year-on-year growth of more than 38 per cent while prices over the same period are down 2.9 per cent,” he said.

#1 Hataitai (average asking price unavailable)

Hataitai is popular for a number of reasons, including its good primary schools, proximity to all of Wellington’s senior schools and its great village,” say local agent. “It’s one of the capital’s most family friendly suburbs and so close to the city,” said Harcourts agent, Erin Rush.

Hataitai best streets: The suburb’s three best streets according to Hataitai resident, Rush and Tommy’s Ben Ryan are Matai Road, Waipapa Road and Overtoun Terrace.

“Hataitai has a proper village with different kinds of shops from the typical chemist and cafes to a pilates studio and a pub,” said Rush. “There’s excellent public transport connections - you can jump on a bus to town without worrying about looking at a timetable.”

#2 Khandallah - average asking price $1,055,150 (July 2024)

Khandallah has two sides to it, the dress circle of streets close to the cute village complete with library and swimming pool, and the ocean-facing roads as you enter the suburb from below with contemporary properties clinging to the hillside.

Agents Ray White’s Ben Stevens and NZ Sotheby’s International Realty Wayne Kemp think it’s all about proximity to the village when it comes to the best streets in this popular suburb.

Khandallah best streets: They recommend Nicholson Road, Everest Street, Izard Road, all a quick walk to the village. If it’s jaw-dropping sea views you want, then Elgin Way, Jubilee Road and Rama Crescent are popular.

“Khandallah isn’t a suburb you drive-through - it’s more of a destination and people like it because it’s reasonably flat and it has a vibrant village with a supermarket and cafes and boutiques,” said Kemp. “Another plus is that it’s an easy commute into town.”

#3 Thorndon - average asking price $841,150 (June 2024)

Thorndon remains a beloved inner Wellington suburb with a range of institutions and venues including the Botanical Gardens, Premier House and Katherine Mansfield House & Garden.

Thorndon best streets: Just Paterson’s Caroline Collison and Tommy’s Alexia Stoddart say the best streets in Thorndon are Hobson Street, Grant Road, Hill Street and some smaller streets like Goring Street and Poplar Grove.

Thorndon resident, Don, lives with his partner on one of the suburb’s best known streets, Hobson Street, home to a number of embassies and Queen Margaret College.

The former Aucklander says the suburb has a lot of grand old properties built for the wealthy in the 19th century, so it reminds him of Parnell.

“Thorndon is an inner city suburb that’s like a quiet little nook of Wellington yet it’s just a walk away from the CBD. Mount Victoria has much more of a city feel about it, whereas Thorndon is this delightful little suburban paradise,” he says.

The residents of Thorndon are a real mix, adds Don. Some are retirees, a lot of people who live there work in the CBD, and there's quite a big renting population because of the supply of high rise apartment buildings.

Christchurch

“The Garden City of Christchurch is attracting a lot of Aucklanders and Wellingtonians these days, joining the many happy Cantabrians who already live there. Whether you’re buying or renting, Christchurch is significantly more affordable by comparison,” says Gavin Lloyd.

“At the top of their list they’re looking at Fendalton, Cashmere and Merivale, Trade Me Property’s top three most searched suburbs for July,” he said.

Christchurch agents Bayleys Adam Heazlewood and Harcourts Holmwood’s Kathryn Picton-Warlow helped us with the top streets in Fendalton and Merivale and with some local intel.

#1 Fendalton - average asking price $1,713,200 (July 2024)

Fendalton, arguably Christchurch’s poshest suburb, has less density with larger sites per property and bigger homes than neighbouring Merivale. Buyers coming into Fendalton are interested in getting a good piece of land, to underpin the value of the usually substantial home, according to local agents. Fendalton is close to the Avon River Ōtākaro and some properties have river frontage.

Fendalton Best Streets: Heazlewood and Picton-Warlow said some of Fendalton’s best streets are Wairarapa Terrace, Heathfield Ave, and Waiwetu Street while Helmores Lane also received a mention for both Fendalton and Merivale.

#2 Cashmere - average asking price $1,051,130 (July 2024)

There’s a vibe to Cashmere that a lot of people like, said local agent, Ray White’s Shane Langman. It tends to have great views, and you’re still only about 12 minutes’ drive during off-peak times from town.

Cashmere best streets: According to agents, NZ Sotheby’s International Realty’s Emma King and Langman, Cashmere’s best streets are MacMillan Ave, Westenra Terrace, Harry Ell Drive, Holliss Ave and Longhurst Tce.

#3 Merivale - Average asking price $1,008,550 (July 2024)

Merivale has had zoning changes allowing higher density in the suburb, and as a result land values have risen, say local agents. Merivale has had more townhouses built replacing older homes and streets tend to be narrower than nearby Fendalton, they say. Near to town and with close access to Hagley Park, Merivale also has a great shopping hub with its own mall and other cafes and restaurants around it.

Merivale’s best streets according to the local agents included Fulton Ave, Mcdougall Ave, Garden Road, and Queens Ave.

Shane Langman at the Cashmere Tennis Club

Why I live in Cashmere

According to former Aucklander and Ray White Cashmere agent, Shane Langman, Cashmere is like the Mt Eden or Parnell of Christchurch, while Fendalton is the Remuera and Merivale, the Ponsonby.

Langman and his family came to Cashmere over three years ago because they wanted to live in the hills and they really like the community. Shane is a well-known local and is often down at cafe, Emperor’s New Clothes, bumping into people he knows.

“There’s a good energy up here. A lot of people are out running, bike riding and walking with the dog,” says the agent.

Cashmere High continues to grow in popularity, and buyers are often looking in Cashmere because of the draw of the high school.

Cashmere has a great tennis club, a Pilates studio, as well as Victoria Park with its popular walks and mountain bike tracks, says Langman.

“The thing that makes it a great suburb in Christchurch is having what you need close by. People don’t want to drive too far,” he says.

Most properties in Cashmere didn’t get too rocked by the big earthquakes, says the Ray White agent. It wasn’t at the epicentre and a lot of homes are built on bedrock rather than soft soil. That’s why you’ll still find a lot of historic character homes here, he says.

Author

Gavin Lloyd
Gavin Lloyd

Sales Director, Property - trademe.co.nz

Gavin Lloyd is a seasoned professional in sales and business development, driven by a passion for creating high performing teams and achieving growth. With over a decade of experience in the property industry, Gavin consistently showcases his expertise in crafting and executing strategic plans that yield tangible results. His extensive background in the online space, affords him an in depth perspective on this ever-evolving business landscape.

Gavin actively engages in the real estate sector, leveraging his profound insights through presentations and active participation in roadshow events. Gavin is also a regular contributor in news spots and radio broadcasts. As the Director of Sales at Trade Me Property, he continues to evolve and adapt alongside his team, ensuring that the information and value they offer remain pertinent, supportive, and instrumental in driving positive change.