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Yes, the analysis of Auckland's property market is included in our pack
Thinking about buying a 3-bedroom apartment in the Pervomaisky District? It’s a great area, but you're probably wondering: is now the right time to buy, or should you wait for prices to drop?
And what about long-term investment—should you look into other districts like Tsentralny or Sovetsky where property values might appreciate more over time?
In this article, we’ll answer these questions. We know this market quite well - and we have put all our knowledge in the Belarus Property Pack.
Will property prices increase in Auckland in 2025?
No, property prices in Auckland are not expected to rise significantly in 2025, due to a combination of economic challenges and market dynamics.
Backed by our fresh, in-depth market analysis, we’re seeing signs that Auckland's property market may face some headwinds in the coming years.
While there are some positive indicators like population growth and infrastructure development, the overall economic environment and housing supply issues are likely to keep price increases in check.
Factors such as rising interest rates and economic uncertainty are expected to weigh heavily on the market, potentially leading to a stabilization or even a slight decrease in property prices.
Signals pointing to a property price increase in Auckland
Here are some factors suggesting prices could increase:
Auckland's population is projected to continue growing, driven by both natural increase and immigration, which could sustain demand for housing.
Ongoing infrastructure projects, such as the City Rail Link, are expected to improve connectivity and accessibility, potentially boosting property values in affected areas.
Government initiatives aimed at increasing housing supply, such as the Urban Development Act, may eventually lead to more balanced market conditions, supporting price stability.
Signals pointing to a property price decrease in Auckland
Here are some factors suggesting prices could fall:
Rising interest rates are making mortgages more expensive, which could deter potential buyers and reduce demand.
Economic uncertainty, both globally and locally, may lead to cautious consumer behavior, impacting the housing market negatively.
An increase in housing supply, as new developments come to fruition, could outpace demand, leading to downward pressure on prices.
The potential for stricter lending criteria from banks could limit the ability of buyers to secure financing, reducing the pool of potential homebuyers.
Auckland's housing affordability issues may continue to deter first-time buyers, limiting demand in the lower end of the market.
The possibility of government intervention in the housing market, such as changes to tax policies, could impact investor sentiment and reduce demand.
A shift in buyer preferences towards more affordable regions outside of Auckland could lead to decreased demand within the city itself.
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If property prices go up in Auckland, how much would they increase by?
If real estate prices in Auckland were to rise in 2025, the increase would likely be between 3% to 7% of their 2024 values.
Typically, real estate in dynamic markets like Auckland appreciates by approximately 3% to 7% annually over the long term. However, fluctuations can occur depending on factors such as region, season, and property type.
It means that, if you spot a charming 2-bedroom apartment in Ponsonby for 1,000,000 NZD today, don't be surprised if it's priced between 1,030,000 and 1,070,000 NZD this time next year.
To give you a better understanding, here is a table that shows 7 types of Auckland real estate properties, their estimated prices in 2024, and projections for 2025 based on potential price increases of 3%, 5%, and 7%.
| Type of Property | Average Price in 2024 (NZD) | Price in 2025 (3% increase) | Price in 2025 (5% increase) | Price in 2025 (7% increase) |
|---|---|---|---|---|
| Apartment (60 sqm / 646 sqft) | 1,000,000 | 1,030,000 | 1,050,000 | 1,070,000 |
| Modern Apartment (75 sqm / 807 sqft) | 1,300,000 | 1,339,000 | 1,365,000 | 1,391,000 |
| Luxury Penthouse (100 sqm / 1,076 sqft) | 3,000,000 | 3,090,000 | 3,150,000 | 3,210,000 |
| Studio (30 sqm / 323 sqft) | 500,000 | 515,000 | 525,000 | 535,000 |
| Loft (80 sqm / 861 sqft) | 1,800,000 | 1,854,000 | 1,890,000 | 1,926,000 |
| Townhouse (150 sqm / 1,615 sqft) | 4,000,000 | 4,120,000 | 4,200,000 | 4,280,000 |
| Investment Property (50 sqm / 538 sqft) | 850,000 | 875,500 | 892,500 | 909,500 |
Everything you need to know is included in our Property Pack for Auckland
If real estate prices go up in Auckland, which areas are likely to see the biggest increases?
Today, people who want to move to Auckland desire the vibrant city life, but they also want modern conveniences and a lively social scene, which Britomart delivers. Hence, we could see a price increase there in 2025.
Also, lately, there's been a shift toward more youthful, vibrant neighborhoods, and K' Road has really taken off.
We like it when information is clear and easy to digest. So, here’s a table that highlights the areas where prices might rise the most, along with the reasons behind those expected increases. It’s very high-level. If you want more details on a specific area, please check our real estate pack tailored to the Auckland market.
| Neighborhood | Level of Increase | Why |
|---|---|---|
| Britomart | High | Recent development of luxury apartments and its increasing appeal to international buyers as travel normalizes post-pandemic, driving demand. |
| Ponsonby | High | Expected rise due to limited housing stock, upcoming renovations to heritage buildings, and growing demand for prime properties in central Auckland. |
| Newmarket | Medium-High | Ongoing gentrification and new transport links, along with several planned redevelopment projects in the area, are likely to push prices higher. |
| Wynyard Quarter | Medium | The shift towards hybrid workspaces is driving demand for residential properties near business districts, combined with new mixed-use developments. |
| Grey Lynn | Medium-High | Eco-friendly urban projects and recent construction of new schools and parks are increasing its attractiveness for families, pushing prices upward. |
| Mount Eden | Medium | Investment in local infrastructure, such as the extension of tram lines and renovation of historic areas, is boosting long-term value. |
| Kingsland | Medium-High | With new cultural and commercial spaces being developed, this trendy neighborhood is seeing increased demand from both residents and investors. |
| K' Road | High | Upcoming large-scale urban regeneration projects and improved public transport access are expected to make this area more desirable. |
| Takapuna | Medium-High | Its proximity to Auckland CBD, along with new office and residential developments, makes it increasingly attractive to professionals seeking more space. |
| Henderson | Medium | Gentrification and cultural regeneration projects are attracting new residents, leading to rising prices as the area becomes more fashionable. |
| Remuera | High | As new luxury developments are launched, demand for premium housing among wealthy buyers is expected to further increase property values. |
| Devonport | High | Upcoming restoration of historic sites and high-profile cultural projects are driving a renewed focus on this central, historic location. |
-The best areas to buy a property in Auckland
If I'm looking to invest in real estate, what types of properties should I focus on for the best value appreciation in Auckland?
In 2025, Auckland real estate trends focus on tech-smart, energy-efficient apartments, larger suburban homes for families, properties with outdoor spaces, and eco-friendly buildings—all driving higher demand and prices. Here is a summary.
- Tech-Equipped and Energy-Efficient Apartments:
Driven by remote work and sustainability trends, these homes offer smart technology features and energy-saving systems. They cater to young professionals and tech workers, making them a hot commodity in 2025.
- Family-Sized Homes in Suburban Areas:
With a growing demand for larger living spaces, especially among families, suburban areas near Auckland are seeing increased interest. Proximity to beaches, parks, and schools is a major factor driving value.
- Properties with Outdoor Spaces:
Post-pandemic, outdoor spaces like terraces, balconies, or gardens have become highly desirable. In a city like Auckland, with its beautiful natural surroundings, these features offer a much-needed escape and are likely to drive up property values.
- Eco-Friendly Buildings with Low Carbon Footprints:
Auckland's commitment to sustainability is boosting demand for eco-certified buildings. Buyers are increasingly valuing properties that align with the city’s green goals, leading to price appreciation in this category.
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