Affordable Housing Options In Auckland
With the recent house prices increases making it increasingly difficult for first home buyers to find affordable housing in Auckland, The First Home Buyer’s Club has compiled the below list to help first home buyers get more information about affordable options in Auckland.
What is the definition of ‘affordable’ housing?
The interpretation of what is considered affordable housing is a very subjective view. Under the SHAs affordable housing was defined as no more than 75% of the Auckland median house price. Many will disagree with what is ‘affordable’, however for the purposes of this list we will define affordable housing as any new build under $700,000. This aligns with the price cap eligibility for KiwiSaver HomeStart grant for new build homes in Auckland. It is also the upper limit for houses proposed under the KiwiBuild housing scheme.
Developers with Auckland housing options under $700,000
If you are a developer with affordable opportunities, please get in touch with us to be listed below.