Newmarket Property Market And House Prices
Suburb of Auckland
Author: Ed McKnight
Our Resident Economist, with a GradDipEcon and over five years at Opes Partners, is a trusted contributor to NZ Property Investor, Informed Investor, Stuff, Business Desk, and OneRoof.
Key house price data for Newmarket, Auckland
Key house price data for Newmarket, Auckland
Average House Value
Average Rent
Estimated Yield
Long Term Capital Growth
Ed's Insights
Newmarket is a suburb in Auckland.
2,001 people currently live in Newmarket. 61.3% of these people rent.
The average house value in Newmarket is $767,150.
That’s down 11.2% from from 2 years ago.
The median rent in Newmarket is $600.
Market Insight - Median House Price Trend
Sales Data
Average House Value
Median Days to Sell
Properties listed for sale in the last month
Properties sold in the last 12 months
Insights
The average house value in Newmarket is $767,150.
On average it takes 31 days to sell a house.
All up 34 properties were sold in Newmarket over the last year, and 2 properties were listed for sale in the last month.
Rental Data
Median Rent
Rental properties listed last year
Rental properties listed last month
Median days to rent
| Bedrooms | Rent | Change |
|---|---|---|
1 Bedroom | $499/week | 3.9% |
2 Bedrooms | $640/week | 6.2% |
Insights
There is no rental data available for Newmarket at this time. We are working hard to get this data. We hopefully will have some shortly.
Demographic Info
What do tenants in Newmarket want?
The most popular number of bedrooms a tenant rents in Newmarket is 2 bedrooms.
56.4% of tenants in the suburb rent properties with 2 bedrooms.
The most popular number of cars in Newmarket is 1 car.
63.3% of residents in the suburb own 1 car.