Australian citizens can buy residential property in New Zealand without the consent other overseas buyers need, and can move there to live and work on arrival. Every town, suburb and street has its sales, council values, rent estimates and hazards here, free.
Who can buy, costs next to Australia (no stamp duty, no land tax), tax and ring-fencing, finance and deposits, what to check, and how a purchase runs from across the Tasman.
Read the guide →Transfer duty, land tax, tax and tenancy law, item by item, with a duty calculator.
| Town | Median sale, last 12 months | Change, 2020–2025 | Median weekly rent (est.) | Gross yield (est.) |
|---|---|---|---|---|
| Auckland | $1,001,000 | +6% | — | — |
| Christchurch | $740,000 | — | — | — |
| Wellington | $875,000 | +3% | — | — |
| Hamilton | $780,000 | +19% | — | — |
| Dunedin | $600,000 | +13% | — | — |
| Lower Hutt | $790,000 | +2% | — | — |
| Tauranga | $860,000 | +26% | — | — |
| Whangārei | $652,600 | +23% | — | — |
| Palmerston North | $625,000 | +16% | — | — |
| Napier | $711,875 | +15% | — | — |
| Queenstown | $1,410,000 | +46% | — | — |
All figures in New Zealand dollars. Sales from council and LINZ records, as at 18 September 2026. Rents and yields are OwnBetter estimates from adverts and Tenancy Services bond data, not achieved rents; a gross yield is before rates, insurance, maintenance and management.
Each town's highest-yielding suburbs are in the investing guide.
Yes. Australian citizens do not need Overseas Investment Office consent to buy residential or lifestyle land in New Zealand, to live in or to rent out. Some sensitive land (on an island, beside some water or reserves, rural or farm land) has extra rules.
Yes. Under the Trans-Tasman Travel Arrangement, Australian citizens get a resident visa on arrival and can live, work and study in New Zealand indefinitely.
Australian citizens and permanent residents who have lived in New Zealand for two years, or intend to stay at least two years, are eligible for publicly funded health services. Shorter stays are covered for immediately necessary care under the reciprocal health agreement.
Yes, once you have moved to New Zealand permanently: the trans-Tasman retirement savings portability scheme moves savings from an Australian complying fund (not a self-managed fund) into a KiwiSaver scheme that accepts transfers. Transferred Australian savings cannot be used for a first home.
General information, not legal, tax or immigration advice; rules checked October 2026. Confirm your position with LINZ, Immigration New Zealand, Health New Zealand and your fund before acting.