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.
Featured Affordable Housing
Wonder Apartments
A Sustainable Development
First Home Buyer’s Special Release
Urban Collective, the developer of the Wonder Apartments is committed to helping first home buyers with a chance to own their own home.
So, with that in mind, they have reserved 10 First Home Grant eligible apartments strictly for first home buyers. However, this is only for a limited time before they are released to the general public on the 20th of August.
Auckland Affordable Housing
Wonder Apartments | Eden Terrace
The Residencies | Ellerslie
www.theresidencesbysafari.co.nz
Elementum | Long Bay
Manaaki | Onehunga
Northcote Development | Northcote
www.northcotedevelopment.co.nz
