Taking this to the suburb level, we first identified suburbs in the 95th percentile for the population under 14 years old. This meant focusing on areas where at least 23 per cent of residents were children, indicating a strong presence of families. From this subset of family-dense suburbs, we ranked suburbs based on house price growth over the past year.
This metric serves as a proxy for increasing desirability and potential for future development.
By combining these factors, Milldale in Auckland emerged as the most family-friendly suburb in New Zealand. An impressive 30 percent of Milldale’s population is under the age of 14, the highest proportion among all suburbs studied. Coupled with this high concentration of young residents, Milldale also experienced the most substantial median house price growth of $175,000 in the last 12 months. With a current median house price of $1,390,000, Milldale is the second most expensive suburb on our list, suggesting that people are already well aware of its potential and desirability for families.
Following closely behind Milldale is Ashhurst in Palmerston North City. While Ashhurst has a lower percentage of young residents at 23.58 percent, it still falls comfortably within our criteria for family-friendly suburbs. The suburb saw a significant median house price growth of $120,000 over the past year, bringing its current median price to $755,000. Tirau in the South Waikato District rounds out the top three, with 23.19 percent of its population under 14 years old and a median house price growth of $100,000.
Wairoa in the Wairoa District emerges as the most affordable option on our list, with a median house price of just $385,000. Despite its lower price point, Wairoa still maintains a healthy proportion of young residents at 24.10 percent and showed the same price growth ($40,000) as some more expensive areas, potentially indicating untapped potential for families looking for more affordable options.
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Media contacts:
Atom Go Tian
Senior Data Analyst
Ray White Group
+61 422 089 938
agotian@raywhite.com
Cassandra Glover
Media Advisor
Ray White Group
+61 447 000 472
cglover@raywhite.com