The Kāinga Ora Home Ownership Products team will be out of the office over the holiday period, from 12pm on Friday 23 December until 8am on Monday 9 January 2023. Please note that your application or any correspondence submitted during this period may not be assessed until Monday 16 January 2023.

Home price caps

The sale price of a KiwiBuild home is set by the developer and will reflect its type, size and location. To keep KiwiBuild homes in more affordable price ranges, price caps are used that set the maximum price all KiwiBuild homes can be sold for.

The current KiwiBuild price caps are:

Location

Studio or one-bedroom

Two-bedroom

Three-bedroom

Location

Auckland Region

Studio or one-bedroom

$550,000

Two-bedroom

$760,000

Three-bedroom

$860,000

Location

Hamilton Urban Area

Studio or one-bedroom

$550,000

Two-bedroom

$640,000

Three-bedroom

$715,000

Location

Tauranga Urban Area

Studio or one-bedroom

$550,000

Two-bedroom

$740,000

Three-bedroom

$780,000

Location

Wellington Urban Area

Studio or one-bedroom

$580,000

Two-bedroom

$760,000

Three-bedroom

$850,000

Location

Christchurch Urban Area

Studio or one-bedroom

$550,000

Two-bedroom

$640,000

Three-bedroom

$715,000

Location

Queenstown-Lakes District

Studio or one-bedroom

$550,000

Two-bedroom

$760,000

Three-bedroom

$845,000

Location

Rest of New Zealand

Studio or one-bedroom

$550,000

Two-bedroom

$640,000

Three-bedroom

$715,000

In some developments, larger KiwiBuild homes with four or more bedrooms may become available and will be priced accordingly.

Disclaimer

All reasonable steps have been taken to ensure the quality and accuracy of the information presented at time of publishing. Policies applicable to KiwiBuild homes and price points may be changed, added to, or otherwise amended without notice at any time

Page updated: 19 July 2022