Compared with what you probably paid for your current home, you’ll find your currency converted to New Zealand dollars will go a very long way in our real estate market. Owning our own home is something that two-thirds of us have chosen to do and is still affordable for most. While suburban houses still account for 85 percent of house sales, inner-city and semi-rural living are becoming increasingly popular options.
The following is a look at some of our more common housing styles and the price range they generally fall into. The prices mentioned are indicative and vary by region.
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Walk to work and to play! An inner city apartment is the residence of choice for professional people wanting to be close to the action and close to work without parking or public transport hassles.
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Size doesn’t matter! Just outside central city areas in some of the older suburbs, these charming one-storey colonial villas, bungalows and cottages are slowly being brought back to their former glory.
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Location. Location. Location. Everyone loves a sea view and with the longest coastline in the world it would be fair to say we have a few.
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Home on the range. Small farmlets of up to two acres have become extremely popular for Kiwis wanting to keep the city (and their neighbours) at arm’s length but close enough to enjoy the benefits they offer.
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This home loves families. Featuring anywhere between three and five bedrooms, these large family homes built on reasonably sized, established sections make up a significant proportion of New Zealand housing.
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