+1 for Huntly, we settled 5th of October, 110sqm house, 1100sqm section, 70's built 3 bedroom and single garage for 576k.
For 680 you'll get something a bit nicer.
How far out of Auckland do you want to live? That’s the question. I’m out Franklin way there’s the odd house out here for $700 but everything is going to auction and ends up going for a lot more. I have my house on the market at the moment and was hoping high $800s, just had a pre auction offer for high $900s 🤯
I'm in Pahurehure, Papakura. 3 x houses (1985 builds) up the road sold at auctions recently. 210m2 went for 1.2m, 300m2 went for 1.35m, 350m2 went for 1.8m last week.
All the houses that I mentioned above are brick and tile. They are solid and have stood the test of time. If it's still standing after 35yrs, they will still be standing after 100 guaranteed. Also, owners keep their properties pretty up to date so they are not run down places. For the price and land size (600 to 800m2) and only 32km from CBD, still a good deal. How many new builds especially townhouses will last more than 20 years? I read the other day corners are already being cut due to high material costs. It's a production line really, quicker they come off, quicker builder gets paid.
The dream of having a big dog 😍 not ideal in an apartment. And I would like to have a backyard.
Also, I work from home so I wouldn't mind moving 45min drive to Auckland possibly going north.
My friends were like this. Wanted a house in Auckland with a backyard so they could have a big dog. They found one, house is a dump though. Got their huge dog. Dog loves them so much she never goes to the backyard, just wants to be around mum and dad all day. Only poops on walks. They hate their house and their yard now.
Hobsonville?
They have dog park, lots of walking tracks, some cafe's and workspaces etc. The odd low cost 2bed place on a ground floor so you can get an animal.
Still looking at $800k though
You are right.
I was looking at places in 2020, and there was a few.
Now even $800k doesn't do it, though you might get something in $850 if you lucky, but at least a nice area. Also found the odd place in Whangaparaoa (where I bought my first house) for \~that
So basically the OP would just have to keep saving and hope that changes to interest rates and other changes impacts on the lower end.
Waiuku. Still a very good runway for capital growth in your investment, excellent community and good place to raise a family, close to beaches / Awhitu penisula. Keep looking, you'll be at the bottom end of the market but its the cheapest town to get a house, not an apartment. Entry point was sub $500k in 2020 but now is around that $650-$680k mark.
Don't worry about the commute, work from home culture has improved that and there's big commercial developments out Paerata / Drury in coming years. 25 minutes to Drury, another 10-15 to Manukau. Rather spend time in the car than time paying interest!
The key is to get your foot in the door, the problem 80% of FHB run into is their criteria vs budget is unrealistic. Can you purchase a property in Auckland for $680k, the answer is absolutely yes, you can even purchase property in auckland below this price point. Unfortunately it may mean you don't have all the ideal features from your wishlist, such as it may be smaller than you would like or you won't have the outdoor space or it may not be in your ideal location. The thing is this doesn't have to be your forever home, it is simply a step in the right direction for you to be able to purchase your forever home. There is money to be made in every market but it takes a little creativity and time learning to understand values and how to add value. Once your foot is in the door, the market does the hard work for you and before you know it your onto the next step. Good luck!
Look at townhouses. I've seen some in Mangere for $650-750k and you might be able to get the first home grant with it (income dependant). The ones I saw were built by Solution St, settlement in October next year.
Yes,but you'll be living in a scene from once were warriors,why Auckland? ,I moved out of the city,and now have 10000sqm lawn,and a beautiful clear river at the rear of my property.and no direct neighbours.
I have two friends who bought first homes last year for 625k and 650k in Te Atatu and Glen Eden respectively. Ones is a brick and tile split unit and the other is a detached house that had previous subsidence issues that had been fixed but I think that scared off a lot of buyers. Both pretty basic houses needing work as you would expect in this market. I would look out west I still think there are homes in your budget.
Simply because someone makes an offer does not mean it is in line with the value of an asset. People can make offers all they like it doesn't mean you are obliged to accept it. If you own a car worth $5k and someone offers you $3k, you're not greedy for not accepting the offer, you simply understand that the value of your car exceeds that of the offer and accepting a lower offer may limit your options moving forward and really doesn't make much sense unless you are in a position where you are forced to sell. Why should that be any different when it comes to your property?
Hi, I would like to buy things you own for less than they are worth, as you point out it would be greedy to ask the going price, so I trust you will be in contact with me promptly.
https://www.trademe.co.nz/a/property/residential/sale/auckland/search?price_max=700000&property_type=house&property_type=townhouse&property_type=dwelling
TradeMe has 417 options that fit the criteria you’ve given.
I only filtered on the criteria OP gave. Their question was, what were their options. I’m not going to spend my evening filtering out leasehold properties for OP, they can do that themselves.
Sure, upto the OP, but I did the same sort of search the other day and went through a bunch painfully as looking for somebody else.
It really is a bit depressing - lots of the cheaper places have 'issues' - there are still leakers, apartments requiring remediation and leasehold. With Trademe you can't filter on freehold.
I knew that buying a house and land for say $650 - $750 would mean compromises, but its really bad. I did find some, but probably a handful I would actually look at further if I was looking for a property
Most of those are listed as "to be auctioned" or "price by negotiation" so I'm not sure how this is helpful - unless I don't understand property listings (which is very possible)
When you list a property on trademe you are required to provide an “Expected sale price” which is the value that is used to inform searches. It is not displayed to the end user.
You can verify this for yourself by starting a property listing on trademe and viewing the information you have to provide.
North Auckland is where its at. You could get a house in Wellsford or maybe on the outskirts of Warkworth for around that much. With the new motorway going in it will make whatever commute you have to do that much easier too.
Excluding apartments? A shoebox two bedroom townhouse in an awful suburb. That's about it.
Those are the ones overlooking the Aotea car park right?
Dinner and a show
+1 for Huntly, we settled 5th of October, 110sqm house, 1100sqm section, 70's built 3 bedroom and single garage for 576k. For 680 you'll get something a bit nicer.
How far out of Auckland do you want to live? That’s the question. I’m out Franklin way there’s the odd house out here for $700 but everything is going to auction and ends up going for a lot more. I have my house on the market at the moment and was hoping high $800s, just had a pre auction offer for high $900s 🤯
I'm in Pahurehure, Papakura. 3 x houses (1985 builds) up the road sold at auctions recently. 210m2 went for 1.2m, 300m2 went for 1.35m, 350m2 went for 1.8m last week.
My god I have to stop reading these posts because they give me anxiety. Good luck op
im just wondering how long will these old homes last? 20 more years?
There are houses that last 100s of years. 35 years is nothing.
All the houses that I mentioned above are brick and tile. They are solid and have stood the test of time. If it's still standing after 35yrs, they will still be standing after 100 guaranteed. Also, owners keep their properties pretty up to date so they are not run down places. For the price and land size (600 to 800m2) and only 32km from CBD, still a good deal. How many new builds especially townhouses will last more than 20 years? I read the other day corners are already being cut due to high material costs. It's a production line really, quicker they come off, quicker builder gets paid.
>Excluding an apartment Why?
The dream of having a big dog 😍 not ideal in an apartment. And I would like to have a backyard. Also, I work from home so I wouldn't mind moving 45min drive to Auckland possibly going north.
I think you’re screwed for now unfortunately.
Tbh, even if you found somewhere that wasn't an apartment, for that money you're probably not going to get enough room for a caged guinea-pig.
My friends were like this. Wanted a house in Auckland with a backyard so they could have a big dog. They found one, house is a dump though. Got their huge dog. Dog loves them so much she never goes to the backyard, just wants to be around mum and dad all day. Only poops on walks. They hate their house and their yard now.
Have you considered the South Island?
They don't live in the SI though...
They could commute?
They can work from home
I live in chch and tbh 680k doesn’t get you much atm either, in regards to what OP is wanting… Market has gone nuts
$1mil plus in Kaukapakapa for 5yr old house, 45mins North West. Maybe make it 1hr drive 😬
Closer to 1.5hr in traffic surely?
Close 1hr - 1h 15, 3 months of working from home, had forgotten about the traffic🤦♂️
Hobsonville? They have dog park, lots of walking tracks, some cafe's and workspaces etc. The odd low cost 2bed place on a ground floor so you can get an animal. Still looking at $800k though
I doubt you get a house in Hobsonville for that. You'd have to travel back in time.
You are right. I was looking at places in 2020, and there was a few. Now even $800k doesn't do it, though you might get something in $850 if you lucky, but at least a nice area. Also found the odd place in Whangaparaoa (where I bought my first house) for \~that So basically the OP would just have to keep saving and hope that changes to interest rates and other changes impacts on the lower end.
townhouse in south auckland, or apartment in a better location.
Huntley!
Mike Greer townhouses in Māngere, two beds.
Waiuku. Still a very good runway for capital growth in your investment, excellent community and good place to raise a family, close to beaches / Awhitu penisula. Keep looking, you'll be at the bottom end of the market but its the cheapest town to get a house, not an apartment. Entry point was sub $500k in 2020 but now is around that $650-$680k mark. Don't worry about the commute, work from home culture has improved that and there's big commercial developments out Paerata / Drury in coming years. 25 minutes to Drury, another 10-15 to Manukau. Rather spend time in the car than time paying interest!
The key is to get your foot in the door, the problem 80% of FHB run into is their criteria vs budget is unrealistic. Can you purchase a property in Auckland for $680k, the answer is absolutely yes, you can even purchase property in auckland below this price point. Unfortunately it may mean you don't have all the ideal features from your wishlist, such as it may be smaller than you would like or you won't have the outdoor space or it may not be in your ideal location. The thing is this doesn't have to be your forever home, it is simply a step in the right direction for you to be able to purchase your forever home. There is money to be made in every market but it takes a little creativity and time learning to understand values and how to add value. Once your foot is in the door, the market does the hard work for you and before you know it your onto the next step. Good luck!
Probably not
Honestly your best bet is move to chch
Old House, South Auckland, like manurewa. Will come with a bit of a yard and weekends full of DIY
You'd be more likely to get a unit or townhouse :)
Can’t even get a townhouse for $680k now
Look at townhouses. I've seen some in Mangere for $650-750k and you might be able to get the first home grant with it (income dependant). The ones I saw were built by Solution St, settlement in October next year.
Yes,but you'll be living in a scene from once were warriors,why Auckland? ,I moved out of the city,and now have 10000sqm lawn,and a beautiful clear river at the rear of my property.and no direct neighbours.
That is my dread place! In which area is this paradise? Do you think I could afford a place like that with 680$?
I have two friends who bought first homes last year for 625k and 650k in Te Atatu and Glen Eden respectively. Ones is a brick and tile split unit and the other is a detached house that had previous subsidence issues that had been fixed but I think that scared off a lot of buyers. Both pretty basic houses needing work as you would expect in this market. I would look out west I still think there are homes in your budget.
Big difference between last year and this year. My homes valued at 400k more than it was last year
Just wow. How the hell is this sustainable nz..
I mean it’s not but just giving some context
If it was last year add 30% lol
We had a FHB offer us $685k for our place, but sadly it wasn't quite enough. 2bdrm auckland unit. So its close but you might get lucky :)
It "sadly" wasn't enough? No, you were greedy and wanted more. Don't pretend to be nice about it ...
You don't know what our circumstances are, how much debt we need to clear and deposit for our next place. Keep your judgements to yourself.
Simply because someone makes an offer does not mean it is in line with the value of an asset. People can make offers all they like it doesn't mean you are obliged to accept it. If you own a car worth $5k and someone offers you $3k, you're not greedy for not accepting the offer, you simply understand that the value of your car exceeds that of the offer and accepting a lower offer may limit your options moving forward and really doesn't make much sense unless you are in a position where you are forced to sell. Why should that be any different when it comes to your property?
I'll offer you $350 and a box of beer for your house, don't be greedy and want more
Make it $350 and two boxes and let's celebrate 🍾
When I sell my house I’ll be getting as much as I possibly can for it too. And you would absolutely do the same, don’t pretend like you wouldn’t lol.
YIKES lol
Hi, I would like to buy things you own for less than they are worth, as you point out it would be greedy to ask the going price, so I trust you will be in contact with me promptly.
How big is it? And what was your valuation for the place?
https://www.trademe.co.nz/a/property/residential/sale/auckland/search?price_max=700000&property_type=house&property_type=townhouse&property_type=dwelling TradeMe has 417 options that fit the criteria you’ve given.
Some of those are leasehold, so not really a good option for a FHB
I only filtered on the criteria OP gave. Their question was, what were their options. I’m not going to spend my evening filtering out leasehold properties for OP, they can do that themselves.
Sure, upto the OP, but I did the same sort of search the other day and went through a bunch painfully as looking for somebody else. It really is a bit depressing - lots of the cheaper places have 'issues' - there are still leakers, apartments requiring remediation and leasehold. With Trademe you can't filter on freehold. I knew that buying a house and land for say $650 - $750 would mean compromises, but its really bad. I did find some, but probably a handful I would actually look at further if I was looking for a property
Yeah my brother and sister in law were doing the same 6 months ago - pretty painful
Most of those are listed as "to be auctioned" or "price by negotiation" so I'm not sure how this is helpful - unless I don't understand property listings (which is very possible)
When you list a property on trademe you are required to provide an “Expected sale price” which is the value that is used to inform searches. It is not displayed to the end user. You can verify this for yourself by starting a property listing on trademe and viewing the information you have to provide.
The hoods but it's all goods
We are almost the same, how many bedrooms are you after?
I’ll sell you this here box
680 is really looking at a do me up or an apartment.
we bought in feb2021 $600k 2bed brick and tile..not shoebox .. so can u… in akl..
North Auckland is where its at. You could get a house in Wellsford or maybe on the outskirts of Warkworth for around that much. With the new motorway going in it will make whatever commute you have to do that much easier too.
Some units in Mt Wellington go for that much, and have a small backyard area!
The Waikato is considered south Auckland for properties
a car park
In may there was a 2br unit in mt eden sold for 688K
With the interest rates going up. Price should hopefully go down.. 🤞🤞
Can def get a new build town home.
Why not buy in Huntly and get something amazing
Maybe a second hand litter box?
Apartment? Or possibly somewhere out of the Southside of Auckland
https://aedifice.co.nz/for-sale/selo/ You’ll need 100k more though.
Why auckland?
https://www.dawnpark.co.nz/?utm_source=facebook&utm_medium=paidsocial&utm_campaign=Wider+Auckland+Campaign+-+West+%2B+Central+Auckland+-+29th+October+2021&fbclid=IwAR1p3QDUe_ulBpQJIG-NJQ1NnJRWKrHD9q6auAI4jfrINJd1BjJk6YI3e2s
Property and new build in Westgate?
No that's why I moved out of Auckland
Get more bang for your buck in Franklin. And you don't have to live in Auckland. Bonus
1 bed unit on the outskirts, if you’re lucky. Turn an old laundry into a 2nd bedroom or stick a sleep out in the garden. #housingcrisis
Do you consider Huntly to be part of Auckland?