New Zealand's most expensive homes revealed - Kogonuso


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Aug 11, 2018

New Zealand's most expensive homes revealed

Hamilton, Queenstown and Wellington are home to some of the country's most expensive non-Auckland real estate.

Auckland has long had the highest number of million-dollars homes of anywhere in the country.

But now real estate data website has compiled a list of the priciest residential properties throughout the rest of New Zealand.

Two properties on Hamilton's Pembroke St, bordering Lake Rotoroa, top the list worth $17.2 million and $15.8m. A Queenstown lifestyle block comes in third and a Wellington apartment complex in fourth.'s chief data scientist Tom Lintern said there were a number of factors that set the priciest properties apart.

"Lifestyle properties offer the convenience of being close to town, but provide a semi-rural environment to enjoy. These, particularly near Queenstown, are demanding some of the highest prices in the country," he said.

"The most expensive properties in a market are usually pretty unique and difficult to value. Requesting advice from the right real estate professional is important to make sure you have best information available."

Real Estate Institute chief executive Bindi Norwell said size of the house and land was a driver of price.

But other factors that contributed to a top-priced property included architectural design, a high-end kitchen, a beautiful garden, quality chattels in the en suites, a pool that could be accessed from the kitchen and dining room, good levels of natural light and having a self-contained segment of the property for a nanny or au pair.

Property blogger and real estate agent Andrew Duncan agreed light was important.

"The biggest variance between properties offering similar space in a similar location comes from sun-aspect. It can have a massive impact on value. Afternoon sun is the most preferable to buyers."

He said indoor-outdoor flow was also on most buyers' wishlists.

"Nothing charms buyers like French doors opening to a deck drenched in afternoon sun."

Schools were also vital for many buyers, he said.

"This is most prevalent in Auckland where one side of the street can be zoned for a different school than the opposite side, create massive variance in value for properties in the same suburb."

Most expensive non-Auckland real estate

98 Pembroke Street, Hamilton Lake, Hamilton $17.21m
106 Pembroke Street, Hamilton Lake, Hamilton $15.87m
504 Littles Road, Dalefield $12.7m
41 Hopper Street, Mount Cook, Wellington $11.95m
218 Wyuna Rise, Glenorchy $11.28m
19 Cottleville Terrace, Thorndon, Wellington $10.54
226 Chamberlain Street, Motueka $10.33
72 Arrowtown-Lake Hayes $10.31
142 Domain Road, Papamoa Beach, Papamoa $10.29m
201 Arthurs Point Road, Arthurs Point $10.08m
424 Arrowtown-Lake Hayes Road, Arrowtown $10.04m
4 Taramea Lane, Arrowtown $9.70m
103 Speargrass Flat Road, Queenstown $9.66m
410 Mcdonnell Road, Arrowtown $9.50m
33 Mariners Haven, One Tree Point, Whangarei $9.38m
94 Studholme Road, Wanaka $9.25m
160 Mooney Road, Queenstown $9.28m
58 Pukematu Lane, Russell $8.79m
78 Mountain View Road, Dalefield $8.75m

Source: Based on's estimates

2018's most expensive sales

27 Bay View Road, Kelvin Heights, Queenstown $12.5m
10 Wakatipu Heights, Queenstown $5.3m
29 Mt Gold Place, Wanaka $4.55m
188 Domain Road, Speargrass Flat $4.5m
40 Fitzpatrick Road, Queenstown $4.37m
138A Fendalton Road, Fendalton, Christchurch $4m
20 Silverwood Lane, Kelvin Heights, Queenstown $3.9m
1 Wairarapa Terrace, Merivale, Christchurch $3.77m
182 Hooker Road, Tamahere $3.69m
11 Bendemeer Lane, Queenstown $3.5m
144 Glandovey Road, Strowan, Christchurch $3.4m
45A Waiwetu Street, Fendalton, Christchurch $3.3m
19 Summit Lane, Ben Lomond $3.05m
100 Pohutukawa Crescent, Whangamata $3m
5A/172 Oriental Parade, Oriental Bay, Wellington $3m
10 Carlton Gore Road, Roseneath, Wellington $2.95m
95 Brougham Street, Mount Victoria, Wellington $2.93m
13 Jean Robins Drive, Queenstown $2.9m
22 Riverfields Lane, Tamahere $2.8m
141 Motu Grande, Pauanui $2.75m

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