05/10/2026
The September figures are in, and property values are continuing to soften. Nationally, values fell another 0.3% in September, marking six consecutive months of declines. Values are now 1.3% lower than a year ago, with the national median sitting at $797,078.
Auckland fell 0.5% for the month, but closer to home, Waitakere was down just 0.2%, holding up better than the wider Auckland market.
Here’s how the month looked:
📍 Papakura — ↓ 0.1%
📍 Rodney — ↓ 0.1%
📍 Franklin — ↓ 0.2%
📍 Waitakere — ↓ 0.2%
📍 Manukau — ↓ 0.5%
📍 Auckland City — ↓ 0.6%
📍 North Shore — ↓ 0.7%
So what does that actually mean?
For buyers, there’s still plenty of choice and room to take your time. With affordability having improved, this could create some good opportunities – particularly for first-home buyers ready to make their move.
For sellers, buyers having more choice means pricing, presentation and marketing well from day one really matters. The September figures also show why it’s important to look beyond the Auckland-wide headline – different parts of the city are moving at different rates.
And here in the West, Waitakere continues to hold up comparatively well, recording a smaller monthly fall than Auckland overall.
Thinking about making a move? Talk to the ONE team that knows the Auckland market.
Source: Cotality NZ Home Value Index, September 2026.
