Story: City history and people

Auckland land sale

Auckland land sale

New Zealand’s first towns were commercial ventures designed to profit their founders. The sale of urban land was pivotal to this objective. As towns became cities, demand for land increased, as did its price. Early buyers therefore had the chance to make windfall gains. This notice advertises the first sale of town land in Auckland – which went on to reap very high prices.

Using this item

National Library of New Zealand, Papers Past
Reference: New Zealand Gazette and Wellington Spectator, 26 December 1840, p. 2

Permission of the National Library of New Zealand, Te Puna Mātauranga o Aotearoa, must be obtained before any re-use of this image.

All images & media in this story

How to cite this page:

David Thorns and Ben Schrader, 'City history and people - The first towns', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/photograph/23491/auckland-land-sale (accessed 26 September 2020)

Story by David Thorns and Ben Schrader, published 11 Mar 2010