Stand down, Herne Bay: Auckland’s new top-priced suburb

Step aside Herne Bay, says a valuer and real estate agent who has named a perhaps surprising area as Auckland’s top-priced suburb.

Jason Smale of Premium Real Estate says he has analysed Auckland sales and found that the Coatesville area on Auckland’s northern outskirts is by far the city’s most expensive area.

The green, rolling pastoral area dotted with mansions has an average sale price of $3,319,083, calculated Smale, who says he has sold properties worth $320m.

“There are 611 residential properties officially in Coatesville; genuine, true, Coatesville, not Lucas Heights, Riverhead, Albany, Paremoremo or Dairy Flat,” Smale said.

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