New Build Properties for First Home Buyers

Find new builds in Auckland, Wellington, Canterbury and across New Zealand. House and land packages, turnkey homes, and apartments from developers with first home buyer options.

Disclaimer: The information provided on this page is intended to assist first home buyers by highlighting a selection of new build developments that may be worth exploring. The First Home Buyers Club does not endorse any specific development, and we recommend that buyers complete their own due diligence and obtain independent legal, financial, and building advice prior to entering into any agreement.

Featured New Builds

Hand-picked developments from trusted partners

One Greys Avenue - Image 1Featured

One Greys Avenue

Auckland Central, Auckland

Apartment3 bed

From $620k

A selection of modern, spacious residences located within walking distance from Aucklands bustling cultural centre. Live mortgage-free for two years! Move in immediately Only 6 apartments available Priced from $620,000 Limited time offer, valid to 18th December 2025* T&Cs apply

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Weston Terraces - Image 1Featured

Weston Terraces

Papatoetoe, Auckland

Terrace House2 bed

From $659k

Welcome to Weston Terraces, a boutique collection of seven thoughtfully crafted homes offering a mix of two and three bedrooms. Each residence has been designed to blend style, comfort, and practical everyday living. The four two-bedroom homes are ideal for couples, small families, or those wanting a low maintenance lifestyle with modern design and smart use of space. The three bedroom homes offer more room to move and are tailored for buyers seeking comfort, flexibility, and quality living without compromise. Positioned in the heart of Papatoetoe, one of Aucklands most family friendly suburbs, Weston Terraces delivers the perfect balance of suburban charm and urban convenience. Secure, stylish, and easy to live in, these homes provide a fresh and comfortable place to call home.

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More New Builds

Additional listings from developers

Te Māra

3 bedroomsFrom $760k
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Acacia Townhouses

3 bedroomsPrice TBC
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Cobham

2 bedroomsFrom $950k
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Utting Street

2 bedroomsFrom $729k
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Why Consider a New Build?

Lower Deposit Options Available

Many new builds allow you to buy with as little as a 5% deposit, including options like the First Home Loan. Buying off the plans can also give you more time to save and get your finances ready before settlement.

Builder's Warranty

New builds come with warranties covering structural defects and workmanship, giving you peace of mind for years to come.

Energy Efficient

Modern building standards mean better insulation, double glazing, and efficient heating - saving you money on power bills.

New Build Buying Checklist

Essential steps to follow when purchasing a new build property in New Zealand

Before You Start

Get mortgage pre-approval to know your budget
Research the developer's track record and reviews
Understand the difference between house & land vs turnkey
Check if you qualify for the First Home Loan (5% deposit)

Before Signing

Have a lawyer review the sale and purchase agreement
Understand sunset clauses and your rights
Check what's included in the build (fixtures, landscaping)
Review the building warranty and what it covers

Frequently Asked Questions

What deposit do I need for a new build in New Zealand?

New builds often have more flexible deposit requirements than existing properties. Many first home buyers can purchase with just a 5% deposit using the First Home Loan scheme. Some developers also offer 10% deposit options with the balance due at settlement, giving you time to save while the property is being built.

What is the difference between house and land packages and turnkey homes?

A house and land package means you purchase the land and building contract separately, often requiring a construction loan with progressive payments. A turnkey home is a completed property where you pay the full amount at settlement, similar to buying an existing home. Turnkey is simpler for first home buyers as you can use a standard home loan.

What warranties come with new build homes?

New builds in New Zealand typically come with a Master Build Guarantee or similar warranty covering structural defects for up to 10 years. This provides peace of mind that major issues will be addressed. Always check what specific warranty is offered and what it covers before purchasing.

How long does it take from signing to moving into a new build?

Timelines vary significantly. A completed turnkey home might settle in 4-6 weeks. House and land packages or off-the-plan purchases can take 12-24 months depending on the construction stage. Always factor in potential delays and have a backup living arrangement if needed.

Can I use my KiwiSaver for a new build deposit?

Yes, you can withdraw your KiwiSaver funds for a new build deposit if you meet the eligibility criteria. You must have been a KiwiSaver member for at least 3 years and be purchasing your first home. For house and land packages, you may be able to use KiwiSaver for both the land deposit and construction costs.

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