New Zealand's most expensive street has been revealed and it's no huge shock to learn it's in Auckland.

According to new data from Homes.co.nz, the country's priciest address to own a house is Cremorne Street in the suburb of Herne Bay.

The median price for a home in this street is $6.554 million - which is $500,000 more than prices there this time last year.

The 9 per cent increase on Cremorne St goes against the wider Auckland average rise, which is only 0.8 per cent in the past 12 months.

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The next three most expensive streets are also in Auckland - Minnehana Avenue (median price of $5.308m) and Audrey Road ($4.861m) in Takapuna, and Westbury Crescent ($4.837m) in Remuera.

The only street close to matching those that isn't in Auckland is Hunter Road in Speargrass Flat in the Queenstown Lakes District, where houses have a median price of $4.594m, up 62 per cent on last year.

Bay View Terrace in Oriental Bay is Wellington's most expensive street. Photo / Google
Bay View Terrace in Oriental Bay is Wellington's most expensive street. Photo / Google

Wellington's most expensive street, meanwhile, was Bay View Terrace in Oriental Bay, with a median value of $2.48m, up 25 per cent from 12 months ago, twice the capital's average rise.

Heathfield Avenue in Fendalton topped Christchurch's list, at $2.717m, although the southern city's values overall dipped 1 per cent in the last year.

- NZN