Is the money in the land?
Median property value based on land size – Auckland City
Jan ’16
Jan ’17
Jan ’18
Jan ’19
Jan ’20
Jan ’21
Jan ’22
Jan ’23
Jan ’24
0
200K
400K
600K
800K
1M
1.2M
1.4M
1.6M
1.8M
2M
$2.2M
600-
899
300-
599
<300
Smaller
Smaller
Mid-size
Mid-size
Larger
Larger