If you bought a median-priced house in Auckland’s inner-city suburb of St Marys Bay in 1990 and sold for the median in 2013, you pocketed $1.6 million. But if your house was in Totara Heights in South Auckland you made under $114,000 in real terms.
If you bought a median-priced house in Auckland’s inner-city suburb of St Marys Bay in 1990 and sold for the median in 2013, you pocketed $1.6 million. But if your house was in Totara Heights in South Auckland you made under $114,000 in real terms.