How many KiwiBuild homes have been built 2021?
By October 2020 the scheme had built only 602 homes. By May 2021 this had increased to 1,058.
How much deposit do you need for a KiwiBuild home?
House prices within the KiwiBuild scheme can be a maximum of $650,000 in Auckland and Queenstown and $500k across the rest of the country. Based on a minimum ten per cent deposit, this would mean applicants in Auckland would still need a deposit of about $65,000.
Who qualifies for KiwiBuild?
In order to be eligible, you need to: Be over 18 years old. Be a New Zealand citizen, permanent resident or resident visa holder. Not own another home in New Zealand or overseas by the time you take ownership of a KiwiBuild home.
What are the benefits of KiwiBuild?
37 The benefits of KiwiBuild are the increased supply of new homes at lower prices combined with the focus on first home buyers. Rather than have to compete with investors to buy an older home from the existing stock, first home buyers will have exclusive access to a range of new homes at around the same prices.
Are KiwiBuild homes Freehold?
We have a variety of Kiwibuild homes for sale across Auckland – features include: Freehold title.