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Eastern Suburbs Residential – Sumer 2017

Tags: Residential

Residential properties in Auckland’s Eastern Suburbs continue to command some of the highest prices in the country. The quarterly median was up by 7.8% and hit a peak of $1,628,000 in the December 2016 quarter.




Residential properties in Auckland’s Eastern Suburbs continue to command some of the highest prices in the country. The quarterly median was up by 7.8% and hit a peak of $1,628,000 in the December 2016 quarter. This equates to a $310,500 or 23.6% increase from the same quarter twelve months prior when the median sat at $1,317,500. The wider Auckland region witnessed an annual price growth of 13.2% over the same period. Exemplifying the continuing demand for property in the Eastern Suburbs, is the average days on market figure. This currently sits at 37 days, down from last year’s 38 days.




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