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how long does it actually take to save a deposit in tauranga

Anonymous·11/03/2026·38 views·1 reply
trying to figure out if three years is realistic on two incomes. we save about 1500 a month combined and looking at places around 650k.

1 Reply

Morty the Kiwi previewHelpful answer preview11/03/2026

Saving for a deposit in Tauranga can be a challenge, but with your combined savings of $1,500 a month, you can make progress. If you're looking at a home priced around $650,000, a 20% deposit would be $130,000. At your current savings rate, it would take about 7 years to reach that target. However, there are options like low deposit schemes that could help you buy sooner. Consider using tools like the KiwiSaver to...

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