This graph gives a snapshot of average house prices across the country in June 2008. Auckland house prices were the highest of all the metropolitan areas, but they were surpassed by those in the Queenstown Lakes district. Queenstown’s prices are so high because it is an international tourist destination and many properties have wealthy overseas owners.
Using this item
Te Ara - The Encyclopedia of New Zealand
Source: Real Estate Institute of New Zealand
This item has been provided for private study purposes (such as school projects, family and local history research) and any published reproduction (print or electronic) may infringe copyright law. It is the responsibility of the user of any material to obtain clearance from the copyright holder.