$500,000 Auckland house cost appreciation table - 15 years from 2009 Annual increase  as % E&OE
Years
7%
Incr. %
6%
Incr. %
5%
Incr. %
4%
Incr. %
3%
Incr. %
Start
2009
$500,000.00   $500,000.00   $500,000.00   $500,000.00   $500,000.00  
1
2010
$535,000.00 7.00% $530,000.00 6.00% $525,000.00 5.00% $520,000.00 4.00% $515,000.00 3.00%
2
2011
$572,450.00 14.49% $561,800.00 12.36% $551,250.00 10.25% $540,800.00 8.16% $530,450.00 6.09%
3
2012
$612,521.50 22.50% $595,508.00 19.10% $578,812.50 15.76% $562,432.00 12.49% $546,363.50 9.27%
4
2013
$655,398.01 31.08% $631,238.48 26.25% $607,753.13 21.55% $584,929.28 16.99% $562,754.41 12.55%
5
2014
$701,275.87 40.26% $669,112.79 33.82% $638,140.78 27.63% $608,326.45 21.67% $579,637.04 15.93%
6
2015
$750,365.18 50.07% $709,259.56 41.85% $670,047.82 34.01% $632,659.51 26.53% $597,026.15 19.41%
7
2016
$802,890.74 60.58% $751,815.13 50.36% $703,550.21 40.71% $657,965.89 31.59% $614,936.93 22.99%
8
2017
$859,093.09 71.82% $796,924.04 59.38% $738,727.72 47.75% $684,284.53 36.86% $633,385.04 26.68%
9
2018
$919,229.61 83.85% $844,739.48 68.95% $775,664.11 55.13% $711,655.91 42.33% $652,386.59 30.48%
10
2019
$983,575.68 96.72% $895,423.85 79.08% $814,447.31 62.89% $740,122.14 48.02% $671,958.19 34.39%
11
2020
$1,052,425.98 110.49% $949,149.28 89.83% $855,169.68 71.03% $769,727.03 53.95% $692,116.94 38.42%
12
2021
$1,126,095.79 125.22% $1,006,098.24 101.22% $897,928.16 79.59% $800,516.11 60.10% $712,880.44 42.58%
13
2022
$1,204,922.50 140.98% $1,066,464.13 113.29% $942,824.57 88.56% $832,536.75 66.51% $734,266.86 46.85%
14
2023
$1,289,267.08 157.85% $1,130,451.98 126.09% $989,965.80 97.99% $865,838.22 73.17% $756,294.86 51.26%
15
2024
$1,379,515.77 175.90% $1,198,279.10 139.66% $1,039,464.09 107.89% $900,471.75 80.09% $778,983.71 55.80%
House prices in AUCKLAND have averaged 7% per annum from 1900 to 2008 despite many "ups & downs"