New Zealand's most expensive street revealed

  • 06/10/2017
New Zealand's most expensive street revealed
Photo credit: Google Earth

New Zealand's most expensive road has been revealed.

Waterfront Cremorne St in the central Auckland suburb of Herne Bay has been given the title, with the properties having a median estimated value of $6.554 million - half-a-million higher than the same time last year.

"Cremorne Street has since overtaken thousands of Auckland streets to become the city's most expensive street to purchase property on," the homes.co.nz website reads.

The road's value has increased nearly 9 percent in the past year, however the wider-Auckland average increase is only 0.8 percent.

Minnehaha Ave and Audrey Rd in Takapuna, and Westbury Crescent in Remuera also made the top five.

In Wellington, Bayview Terrace in Oriental Bay had the top value of $2.48m.

In the South Island, Hunter Rd in the Queenstown-Lakes district was valued at $4.594m, while Christchurch's Heathfield Ave in Fendalton was valued at $2.717m.

New Zealand's most expensive streets:

North Island

Cremorne St, Herne Bay, Auckland: $6.554m

Minnehaha Ave, Takapuna, Auckland: $5.308m

Audrey Rd, Takapuna, Auckland: $4.861m

Westbury Cres, Remuera, Auckland: $4.837m

Nick Johnstone Dr, Waiheke Island: $4.739m

South Island

Hunter Rd, Speargrass Flat, Queenstown: $4.594m

Mcentyre's Lane, Arrowtown: $3.807m

Mooney Rd, Speargrass Flat, Queenstown: $3.703m

Sunrise Bay Dr, Wanaka: $3.010m

Malaghans Ridge, Arrowtown: $3.008m

Newshub.