New Zealand House Prices | Conveyancing | potential rule changes impact in your deposit

Sourced from Fairfax news | 16 July 2013 and brought to you by The conveyancers at Auckland law firm Quay Law.

Here’s how much you will need to spend for a house around the New Zealand regions and what impact could new lending rules make on your deposit:

WELLINGTON

Average house price: $525,245
20 per cent deposit: $105,049

KAPITI COAST

Average house price: $363,142
20 per cent deposit: $72,628

PORIRUA

Average house price: $377,29
20 per cent deposit: $75,458

UPPER HUTT

Average house price: $334,336
20 per cent deposit: $66,867

LOWER HUTT

Average house price: $367,696
20 per cent deposit: $73,539

TAUPO DISTRICT

Average house price: $347,876
20 per cent deposit: $69,575

HASTINGS DISTRICT

Average house price: $299,270
20 per cent deposit: $59,854

NAPIER

Average house price: $324,102
20 per cent deposit: $64,820

PALMERSTON NORTH

Average house price: $285,693
20 per cent deposit: $57,138

MASTERTON DISTRICT

Average house price: $237,345
20 per cent deposit: $47,469

– © Fairfax NZ News

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