House price caps
House price caps are informed by the lower quartile estimated values of new and existing properties in each region (based on the Territorial Authority boundaries). This means price caps will be different throughout the country.
Regions are defined by city and district council boundaries. Refer to the Stats NZ map for Territorial Authority boundaries(external link). Ensure the layer selected is 'Territorial Authority'.
House Price Caps are correct as of 19 May 2022 and subject to change.
Region |
Existing properties ($) |
New properties ($) |
---|---|---|
Far North District |
400,000 |
675,000 |
Whangārei District |
600,000 |
800,000 |
Kaipara District |
525,000 |
875,000 |
Auckland |
875,000 |
875,000 |
Thames-Coromandel District |
875,000 |
925,000 |
Hauraki District |
525,000 |
525,000 |
Matamata-Piako District |
625,000 |
625,000 |
Hamilton Urban Area (Hamilton City, Waipā District, Waikato District) |
650,000 |
725,000 |
Ōtorohanga District |
400,000 |
500,000 |
South Waikato District |
400,000 |
500,000 |
Waitomo District |
400,000 |
500,000 |
Taupō District |
575,000 |
575,000 |
Tauranga Urban Area (Tauranga, Western Bay of Plenty District) |
800,000 |
875,000 |
Rotorua District |
525,000 |
525,000 |
Whakatāne District |
500,000 |
500,000 |
Kawerau District |
625,000 |
625,000 |
Ōpōtiki District |
400,000 |
500,000 |
Gisborne District |
450,000 |
500,000 |
Wairoa District |
400,000 |
500,000 |
Napier-Hastings (Napier City, Hastings District) |
625,000 |
825,000 |
Central Hawke's Bay District |
500,000 |
500,000 |
New Plymouth District |
525,000 |
675,000 |
Stratford District |
400,000 |
525,000 |
South Taranaki District |
400,000 |
500,000 |
Ruapehu District |
400,000 |
500,000 |
Whanganui District |
425,000 |
500,000 |
Rangitikei District |
400,000 |
500,000 |
Manawatū District |
525,000 |
525,000 |
Palmerston North City |
575,000 |
700,000 |
Tararua District |
400,000 |
500,000 |
Horowhenua District |
525,000 |
650,000 |
Wairarapa (Masterton District, Carterton District, South Wairarapa District) |
575,000 |
800,000 |
Wellington Urban Area (Kāpiti Coast District, Upper Hutt City, Porirua City, Lower Hutt City, Wellington City) |
750,000 |
925,000 |
Nelson-Tasman (Nelson City, Tasman District) |
650,000 |
875,000 |
Marlborough District |
550,000 |
575,000 |
Kaikōura District |
700,000 |
700,000 |
Buller District |
400,000 |
500,000 |
Grey District |
400,000 |
500,000 |
Westland District |
400,000 |
500,000 |
Hurunui District |
425,000 |
500,000 |
Christchurch Urban Area (Waimakariri District, Christchurch City, Selwyn District) |
550,000 |
750,000 |
Ashburton District |
400,000 |
500,000 |
Timaru District |
400,000 |
500,000 |
Mackenzie District |
500,000 |
500,000 |
Waimate District |
400,000 |
500,000 |
Waitaki District |
400,000 |
500,000 |
Central Otago District |
525,000 |
800,000 |
Queenstown-Lakes District |
875,000 |
925,000 |
Dunedin City |
500,000 |
675,000 |
Clutha District |
400,000 |
500,000 |
Southland District |
500,000 |
500,000 |
Gore District |
400,000 |
500,000 |
Invercargill City |
400,000 |
500,000 |
Page updated: 19 May 2022