Ray White Group’s research has found a diverse pattern of growth across coastal suburbs, with particularly strong performance in both premium and unexpected locations, according to Senior Data Analyst Atom Go Tian.
“The South Island commands a slight advantage with six of the highest-growth coastal suburbs, while some individual locations have achieved extraordinary results,” Mr Go Tian said.
“Te Arai in Auckland leads both in median price at $3.8 million and five-year growth at 372 per cent, highlighting the premium end of the market.”
Mr Go Tian said the growth patterns showed interesting geographic diversity, with strong performers emerging in unexpected locations.
“In Otago, Taieri Beach has reached $875,000, representing a 235 per cent five-year growth, while the West Coast’s Kumara Junction has emerged as a surprising performer with 333 per cent growth despite a more modest current value of $650,000,” he said.
Premium coastal locations have shown particularly strong recent momentum, according to Mr Go Tian.
“Among the premium locations, Whangapoua in Waikato and Breaker Bay in Wellington command values above $2 million, with Breaker Bay recording an impressive one-year growth of 173 per cent,” he said.
The research also revealed more affordable entry points in the coastal market, with some areas offering significant growth potential at lower price points.
“Areas like Tangimoana in Manawatū-Whanganui and Harington Point in Dunedin offer more accessible entry points at $420,000 and $450,000 respectively,” Mr Go Tian said.
A key trend has emerged in the performance of smaller coastal towns, Mr Go Tian said.
“Smaller towns and regions are outperforming major cities in five-year growth rates, suggesting a shift in coastal development patterns toward rural and smaller urban areas,” he said.
“This trend likely reflects changing lifestyle preferences and value considerations among buyers in the current market.”
