What is KiwiBuild?

KiwiBuild is bringing new, affordable homes to market. A home means something different for everybody, so KiwiBuild homes are being built for a variety of New Zealanders with different needs, at different stages in life.

Is KiwiBuild for me?

To be eligible to buy a KiwiBuild home you must:

  • be at least 18 years old
  • be a New Zealand Citizen, Permanent Resident or a Resident Visa holder who is ‘ordinarily resident in New Zealand’
  • not currently own a home in New Zealand or overseas
  • have a pre-tax income from the previous 12 months of:
    • $120,000 or less for a single buyer; or
    • $180,000 or less combined for two (or more) buyers.

You will also need to commit to living in your KiwiBuild home for a minimum period of time before the home can be rented out or sold:

  • at least one year for a studio or one bedroom home
  • at least three years for a home with two bedrooms or larger.

If this applies to you, you may be eligible to buy a KiwiBuild home

Read more about KiwiBuild eligibility(external link).

What kind of homes are available?

KiwiBuild homes range from studio apartments to multi-bedroom townhouses. These new homes are sold at different stages of development and can include:

Type

Description

Type

Stand-alone homes

Description

A freestanding single residential home that can include a yard or outdoor area.

Type

Duplex homes

Description

A duplex (or attached home) is two individual residences that share a wall and can include similar amenities to a stand-alone home.

Type

Terraced homes

Description

Terraced homes are several individual residences in a row that are connected on both sides by shared walls.

Type

Apartments

Description

A self-contained residential home that is part of a larger multi-storey complex. Apartments can share common amenities such as outdoor areas, fitness or and recreation facilities, garages or car parks, and building security.

Where are KiwiBuild homes available?

KiwiBuild homes are available in locations across New Zealand, with new developments announced regularly.
 
You can stay up to date with the latest KiwiBuild developments by subscribing to our mailing list(external link) or you can view KiwiBuild homes available now(external link).

How much do KiwiBuild homes cost?

The price of a KiwiBuild home depends on its size and location. Price caps are used that determine the maximum price that a KiwiBuild home can be sold for.
 
The current KiwiBuild price caps are:

Location

Capped at

Location

Auckland and Queenstown Lakes, studio or one-bedroom

Capped at

$500,000

Location

Auckland and Queenstown Lakes, two-bedrooms

Capped at

$600,000

Location

Auckland and Queenstown Lakes, three-bedrooms

Capped at

$650,000

Location

Wellington, three-bedrooms

Capped at

$550,000

Location

Rest of New Zealand

Capped at

$500,000

In some developments, larger KiwiBuild homes of four or more bedrooms may be available and will be priced accordingly. View available KiwiBuild homes(external link).

For more information, email or call the KiwiBuild team.

Page updated: 14 December 2020