Sue Hall

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"Sue Hall recently acted for me with respect to the sale of one of my properties and she had also previously acted for me with the sale of another property. I must say that it has been a pleasure to deal with Sue. She is courteous, efficient, very direct and business like with her statements and communicates regularly. As a busy..."

- John

" Sue Hall You've done it again Sue! Sold another home for us in a very professional manner, kept us informed throughout the process and done so in a caring way. We couldn't have asked for more. Thank you Sue!! "

- Sonny and Eileen
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Light at the end of the Tunnel for Hamilton's First Home Buyers?

7th Mar 18

Whenever there is a change in Government, we are left wondering which plans and decisions will be upheld.  Thankfully the Special Housing Areas previously planned for Hamilton are set to continue under a Labour led Government. 

With the Government’s KiwiBuild scheme, there are plans to build 100,000 new, affordable homes over the next ten years.  The majority of those homes will be throughout Auckland however Hamilton has six areas that have proposals pending to become “Special Housing Areas”.  

The change in Government has led to some details being altered, such as whether a Special Housing Area must contain at least 20% or 40% affordable housing.  Other details are yet to be decided and the pricing structure is one of them.  The initial thoughts around pricing saw homes outside of Auckland being priced from $300,000 - $500,000.  However the consensus is that an affordable home is 6.8 times the median household income, which would state that Hamilton’s affordable housing would be priced from $450,000 to $490,000. 

To read more about the opportunity for first home buyers in Hamilton, click here

For more about the KiwiBuild scheme, click here.

 

 

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Filed under Hamilton / Waikato \ Real Estate

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