Affordable Housing in Wellington
Picking up on my earlier post about the unwillingness of today's generation to be realistic about home buying, here is ten homes for sale right now in the Wellington region that I would at least ring the agent and look at if was looking to buy a home for less than $250,0000:
Wainuiomata - contact Jit Govind.
Akatarawa - contact Nina Guthrie
Kelson - contact Trevor Adams
Birchville - contact
Stokes Valley - contact Jessie Batchelor
Fairfield - contact Oscar Davies
Trentham - contact Phil Cooke
Kelson - Contact Trevor Adams
Fairfield - Contact Natasha Gilmour
Ascot Park - Contact Glenn Miller
Okay, these aren't in Thorndon, Karori, Miramar or Brooklyn - but if you were wanting a first home in these suburbs you'd be dreaming anyway. These houses would get you into the property market, build some equity and then think about upgrading to more fashionable suburbs.
UPDATE: It looks like the Trentham property has sold! Oh well, that's still nine to look at.
Wainuiomata - contact Jit Govind.
Akatarawa - contact Nina Guthrie
Kelson - contact Trevor Adams
Birchville - contact
Stokes Valley - contact Jessie Batchelor
Fairfield - contact Oscar Davies
Trentham - contact Phil Cooke
Kelson - Contact Trevor Adams
Fairfield - Contact Natasha Gilmour
Ascot Park - Contact Glenn Miller
Okay, these aren't in Thorndon, Karori, Miramar or Brooklyn - but if you were wanting a first home in these suburbs you'd be dreaming anyway. These houses would get you into the property market, build some equity and then think about upgrading to more fashionable suburbs.
UPDATE: It looks like the Trentham property has sold! Oh well, that's still nine to look at.
posted by Michael at
7:07 AM
3 Comments:
Or just rent and invest your money some place out. Unless you have a family/plan on having a family doesn't seem much point to get into the housing market.
The problem with a lot of people my age, is that don't borrow to save (ie housing), they just borrow on crap they are going to throw out.
By
stef, at 4:37 PM
...........because successive Labour governments have let them welch on their original student loan contracts to the extent of what we have now - a whole generation of young people who think the State will change the rules and bail them out.
By
Cactus Kate, at 3:22 AM
Naturally there are properties availablen for what seems to be a reasonable price, however it remains to be seen whether the examples you provided are actually in decent shape. I did see the Kelson one in the Property Press and figured the asking price was so cheap it must have been a typo - $130,000 for a 3 bedroom place.
Anyway, while I agree with your general point that a bit of self-discipline is required to get onto the property ladder, as always there are two ways to look at any situation and it's pretty hard to deny that it's a lot tougher these days to afford housing.
By
Rich, at 4:12 PM
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