It’s no shocker that the most expensive cities in New Zealand are also its biggest. Topping this list is Auckland, Wellington, Christchurch, and Queenstown.
Wellington.
| Rental | One-bedroom flat | Up to $2,215 per month |
|---|---|---|
| Leisure | Pubs, theatres, gym, etc. | Up to $466 one-off |
Where do the richest people live in NZ?
In New Zealand, a stratospheric 45% cost more than $1m, and in the most exclusive regions, it’s even higher still. Eighty-five percent of homes in the Queenstown Lakes district are worth more than a million dollars, the highest in the country.
Is New Zealand poor or rich country?
The economy of New Zealand is a highly developed free-market economy. It is the 50th-largest national economy in the world when measured by nominal gross domestic product (GDP) and the 63rd-largest in the world when measured by purchasing power parity (PPP).
What is wealthy in NZ?
The median net worth of the wealthiest 20% of households lifted $313,000 to $2.02m in the year to June 2021 but the median net worth of the bottom 20% only lifted $3000, to reach $11,000.
Where do rich people live in Auckland?
One of the most desirable and affluent suburbs in Auckland is Parnell. With its central location and grand homes, it’s no wonder why Parnell has always been a desirable place to live. It’s also known for its French bistros and chocolate cafes, giving it a distinctly European feel and an all-around pleasant vibe.
What is the poorest place in NZ?
Northland is New Zealand’s poorest region with a range of indicators showing it is at or near the bottom of the pile. At about $21,000 its GDP per capita is the lowest among New Zealand’s 16 regions. It has low levels of educational attainment and life expectancy and has the highest rate of unemployment.
What is the richest street in NZ?
Luxury homes on Garden Rd have an average CV of $8.6m, while the combined value of all homes on the street is $112m. In terms of the New Zealand street with the highest combined value of homes, data by property experts OneRoof and Valocity last year found the title went to Remuera Rd in Remuera.
Does NZ have any billionaires?
Packaging magnate Graeme Hart remains the richest individual with an estimated $12 billion fortune while film makers Sir Peter Jackson and Dame Fran Walsh join the billionaire club thanks to the $2.3b sale of Weta Digital’s technology in 2021.
Who is richer New Zealand or Australia?
Australians are a third richer than New Zealanders. Per capita GDP (adjusted for purchasing power parity) is NZ$48,000 in Australia compared to just NZ$36,400 in New Zealand.
Which country is No 1 poor country?
Burundi is the world’s poorest country followed by Central African Republic, DR Congo, South Sudan and Somalia as the poorest. The richest countries are Luxembourg, Singapore, Ireland, Qatar and Switzerland.
What is the richest suburb in New Zealand?
2017: NZ’s most expensive suburbs
| Suburb | City / TA | Highest upper quartile property value |
|---|---|---|
| Coatesville | Auckland | $3,296,618 |
| Saint Marys Bay | Auckland | $2,930,000 |
| Waiheke Island* | Auckland | $2,794,833 |
| Remuera | Auckland | $2,780,000 |
What is a rich salary in NZ?
The top quintile had a median $2.024 million, up from $1.328m in 2015. To be in this top 20 per cent of households, you now need worth of $1.1m. For the top 10 per cent, you need $2.025m. The top 20 per cent held about 69 per cent of total household net worth, Stats NZ said.
What is a high salary in NZ?
They earn, on the low end, around NZ$120,000 per year and, on average, around NZ$560,000 per year. On the high end, they can earn as much as NZ$4.5 million per year!
What Is the #1 Highest-Paid Position in New Zealand?
| Position | Average Annual Salary |
|---|---|
| Pilot | NZ$145,000 |
What is the richest street in Auckland?
The most expensive street in Auckland, and also in the country, is Marine Parade in Herne Bay with a house price median of $9.375 million.
What is the poorest area of Auckland?
The heart of South Auckland is the low socio-economic suburbs of the former Manukau City, typified by Ōtara but including Papatoetoe, Māngere and Manurewa.
Where is the best place to live NZ?
As a recap, the best places to live in New Zealand are:
- Hawke’s Bay: Best for food and drink.
- Waikato: Best for rural escapes.
- West Coast: Best for affordable property.
- Queenstown: Best for culture.
- Whangarei: Best for climate.
- Auckland: Best for career opportunities.
What is the safest town in New Zealand?
Hamilton. Hamilton is the safest city in New Zealand in terms of natural disasters like volcanic activity, tsunamis, and earthquakes, which can be common in other parts of the country. Hamilton faces a lower threat because of its inland location.
Where is the cheapest place to live NZ?
The Most Affordable Cities in New Zealand to Move to
- Dunedin. The second-largest city in the South Island, Dunedin, is another place with reasonable rent prices.
- Whanganui. The North Island city of Whanganui is continuously touted as the most affordable place to live in New Zealand.
- Rotorua.
- Hamilton.
- Whangarei.
Are there slums in New Zealand?
Auckland’s central city is home to some of the region’s poorest people, living in tiny overcrowded apartments which are threatening to turn some areas into slums.
What is the most expensive place in NZ?
The Bay of Plenty is the most expensive region in New Zealand for residential property rentals according to the latest Trade Me Rental Price Index.
Who are the 2 billionaires in NZ?
NBR lists richest Kiwis
- Todd family – $4.3 billion (2021: $4.3b)
- Farmer family – $900 million (2021: $750m)
- Alan Gibbs – $760 million (2021: $650m)
- Sam Morgan – $650 million (2021: $580m)
- Sir Colin Giltrap – $450 million (2021: $440m)
- John Copson – $375 million (2021: $375m)
- Drinkrow Family – $320 million (2021: $310m)