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New Zealand Property and Real Estate

New Zealand has one of the highest levels of home ownership in the world, and the New Zealand property and real estate market provides a range of opportunity to newly arrived migrants.

In the initial stages, renting a property is a good idea as it gives you time to work out the New Zealand real estate market. The majority of rental properties come unfurnished, and the price you pay in rent will depend on the quality and location of the home.

Buying a property requires a substantial investment of time, money and energy. A good place to start is by deciding what type of property best suits your lifestyle, such as a flat or a house, and where you would like to live.

Some great areas to start your search include:

• Real Estate Institute of New Zealand

Residential, rural and commercial property listings, plus information on renting and buying properties.

• findA

Property listings for rent and sale.

• The classifieds section of the NZ Herald

Property prices in New Zealand vary considerably, and these prices will depend primarily on the location of the home. For example, the average cost of a house in Auckland is NZ$374,142, compared to Wellington at NZ $314,497 and Christchurch at NZ$257,664.

Listings of New Zealand real estate for sale and rent can be found in the property sections of most national newspapers, and you can also find properties listed with New Zealand real estate agents.