Buying a KiwiBuild home

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How does the home buying process work?

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The first step is to check whether you’re eligible for a KiwiBuild home.

To pre-qualify, you’ll need to provide details and supporting documentation to the KiwiBuild Unit to assess and confirm your elibility.

There’s no rush to pre-qualify.

If your eligibility is confirmed, you’ll then be able to enter a ballot for KiwiBuild homes that fit your requirements, as they become available.

The people whose names are drawn from the ballot will get the first opportunity to buy.

Where will KiwiBuild homes be built?

At least 50,000 KiwiBuild homes will be built in Auckland, to help meet the growing demand for housing stock in our biggest city.

Outside of Auckland, our initial focus will be on areas with high housing demand and affordability pressures (such as Wellington, Hamilton, Napier-Hastings, Queenstown-Lakes District, Tauranga, Whangarei District and Nelson-Tasman).

How much will KiwiBuild homes cost?

The price of KiwiBuild homes will be set by developers. However, the prices must be below the following price caps that have been set by the Government.

Price caps for Auckland and Queenstown

Number of bedrooms Price cap (including GST)
One (including studio and one+study) $500,000
Two  $600,000
Three or more $650,000

Price caps for areas outside of Auckland and Queenstown

The price cap for KiwiBuild homes outside of Auckland and Queenstown is $500,000 (including GST). 

Further work is being undertaken to identify whether this price cap can be further broken down by bedroom numbers, or adapted to better reflect other regional variations.

Who is eligible

KiwiBuild homes are for aspiring first home owner-occupiers, who are currently locked out of the market.

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Before you can enter a KiwiBuild ballot for your chosen home, you need to ‘pre-qualify’ to show you are eligible and able to buy a KiwiBuild home.

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Frequently asked questions

Answers to frequently asked questions.

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