More Auckland buyers looking to settle in Northland

Tutukaka Coast, Northland

Northland is no longer just popular with Auckland investors, but also with people who are looking to settle.

"Our Northland team reports that initially they were dealing with Auckland rental investors who were buying two or three properties at auction sight unseen,” said Peter Thompson, Managing Director of Barfoot & Thompson.

"That trend has been replaced with people who are now looking to settle in Northland."

Who is moving to Northland?

Many of the sales we’re seeing are to retirees, who, having sold up in Auckland, are buying properties in Northland in the $600,000 to $700,000 price range.

Buying in the same price range, are those who are preparing for retirement, but renting out their property in the meantime.

"This influx has been positive for Northland, and has contributed to a rising market in terms of sales numbers and prices," says Mr Thompson.

"Mangawhai now has a large permanent community who have either found work locally, or are commuting to the North Shore on a daily basis."

Whangarei popular with Aucklanders

In Whangarei, the One Tree Point development at Whangarei Heads and the city centre have been of particular interest to Aucklanders.

Kerikeri 'very affordable'

Locals in Kerikeri say that Aucklanders rate local property as 'very affordable'.

"The closeness of Kerikeri Airport to the town centre has also overcome the concerns some Aucklanders have about relocating north," said Mr Thompson.

Average sale prices in Northland

  • Northland - $459,000, a 25 per cent increase in the past 12 months
  • Whangarei - $377,000, a 22 per cent increase in the past 12 months
  • Kerikeri - $434,000, a 46 per cent increase in the past 12 months
  • Mangawhai and Mangawhai Heads - $371,000, a 24 per cent increase in the past 12 months

Want some help buying or selling in Northland?

Talk to one of our three Northland branches: