According to the Real Estate Institute of New Zealand (REINZ), New Zealand’s median property price is NZ$597,000 (£295,000) in October 2019. This is an increase of 6.8% over the past year. Auckland remains the priciest spot in the country, with a median price of just under $850,000. However, outside of the city, there are real bargains located in some of New Zealand’s most scenic destinations. To let you in on where those bargains are, today we’re running through five places to find the cheapest homes in New Zealand.
When you’re planning the move of a lifetime, there are a million and one things to do. Most are fun: finding that perfect home, furnishing your property, but some, like updating your will, often get left to another day. However, this is crucial to giving you peace of mind, so find out what the key inheritance rules are in New Zealand.
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