Changing Times…

Auckland CBD has seen unprecedented growth.

  • 1 February, 2015
  • RESIDENTIAL
  • Auckland

In 1991 the CBD had approximately 1400 permanent residents. 

2004 saw the CBD move to 16,000 residents so a new residential suburb was well and truly born.  Large apartment blocks meant a different lifestyle and culture – cafés, restaurants, parks, supermarkets.

2010 saw permanent residents around 40,000.

2015 with immigration at its highest level for many years.  Immigrants arriving predominantly from China and India.  Inner City living with associated benefits – close proximity to everything, language schools, colleges, cafes and bars have seen new apartment blocks sold out before being built.

Over the past year many Auckland families have enjoyed the more relaxed pace of our regional cities and towns. 

Many Aucklanders are looking to cash up their family home and move to more affordable locations such as Tauranga, Papamoa, Matamata and Te Awamutu.  Some even further afield to Hawkes Bay and Central Otago.

This trend will continue especially for older Auckland folk who are sick to death of the transport woes, increasing rates, insurance and the hustle and bustle.

LJ Hooker NZ

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