AucklandAuckland Central is leading the way in property price increases. In the past 18 months the area of Auckland Central, which is mostly apartments, has seen the highest price percentage increase at 106.6%. The next best performing area was Sandringham with a medium property price increase of 69.4%.
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Where will you be investing in Auckland in 2016? Auckland apartments may feature strongly with investors this year. To say apartments are now in hot demand is an understatement given the growth in the market in recent months.
In the last 12 months Apartments have seen their values grow by 33 percent. Apartments were probably undervalued up until 18 months ago.