Residential section prices in NZ

The cost of land is a major component of the cost of a house property. Below we can see the median section prices across the regions of NZ, with Auckland 630% higher than Southland, and 307% higher than Manawatu/Whanganui! The Manawatu/Whanganui region has Palmerston North at the high end and Whanganui/Rangitikei at the lower end. The composite figure would be reasonably close to the median section price for Feilding.

Northland                                           $210,000

Auckland                                              $475,000

Waikato/BOP                                       $277,500

Hawkes Bay                                         $188,500

Taranaki                                                $211,000

Manawatu/Whanganui                   $116,733

Wellington                                            $243,478

Nelson/Marlborough                       $189,000

Canterbury/Westland                      $200,000

Central Otago Lakes                          $273,000

Otago                                                    $136,000

Southland                                               $65,000


 

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