Auckland apartment prices

Better quality apartments in central Auckland haven't suffered the big price falls of their shoe-boxy cousins, but they generally haven't had big capital gains either

Better quality apartments in central Auckland haven't suffered the big price falls of their shoe-boxy cousins, but they generally haven't had big capital gains either

Smaller Auckland apartments popular as rentals for students and short stay travellers are selling at discounts to rating valuations, while prices are stronger for larger, owner-occupier apartments

Smaller Auckland apartments popular as rentals for students and short stay travellers are selling at discounts to rating valuations, while prices are stronger for larger, owner-occupier apartments

Sales achieved on 58% of the properties at auctions monitored by interest.co.nz

Sales achieved on 58% of the properties at auctions monitored by interest.co.nz

Eight out of 10 apartments passed in at auction suggests significant differences between vendors' and buyers' price expectations

Eight out of 10 apartments passed in at auction suggests significant differences between vendors' and buyers' price expectations

At recent Auckland apartment auctions there were plenty of potential buyers and they weren't afraid to bid but everything that sold went for less than its rating valuation

At recent Auckland apartment auctions there were plenty of potential buyers and they weren't afraid to bid but everything that sold went for less than its rating valuation

Property auction activity is showing the first signs of life but it's still hard to pick what's happening with prices

Property auction activity is showing the first signs of life but it's still hard to pick what's happening with prices

There was strong bidding at the latest Auckland apartment auctions but prices on those that sold were all below their Rating Valuations

There was strong bidding at the latest Auckland apartment auctions but prices on those that sold were all below their Rating Valuations

Successive buyers have lost more than $200,000 each on a downtown Auckland apartment

Successive buyers have lost more than $200,000 each on a downtown Auckland apartment

Even when bidding was competitive at the latest apartment auctions, selling prices were below the rating valuations

Even when bidding was competitive at the latest apartment auctions, selling prices were below the rating valuations

Investors and owner-occupiers were both well catered to at the latest apartment auctions but only 25% of the units sold under the hammer

Investors and owner-occupiers were both well catered to at the latest apartment auctions but only 25% of the units sold under the hammer

It was hard work closing the price gap between buyers and sellers at the latest Auckland apartment auctions

It was hard work closing the price gap between buyers and sellers at the latest Auckland apartment auctions

There was plenty on offer at the main Auckland apartment auctions this week but not much was sold under the hammer

There was plenty on offer at the main Auckland apartment auctions this week but not much was sold under the hammer

Ray White's latest Auckland apartment auction had everything from an upmarket unit in the leafy High Court precinct to a renovator's delight in Point England

Ray White's latest Auckland apartment auction had everything from an upmarket unit in the leafy High Court precinct to a renovator's delight in Point England

There was a reasonable selection and some strong bidding at the latest Auckland apartment auctions

There was a reasonable selection and some strong bidding at the latest Auckland apartment auctions

Just under half sell under the hammer at Auckland apartment auctions

Just under half sell under the hammer at Auckland apartment auctions