NZ Urban Development News - 2 October


Hi *|FNAME|*, Please find below Urban Development News from the media from the week of 2 October 2018.

KiwiBuild houses at Wanaka to be priced between $565,000 and $650,000

The first KiwiBuild homes to be built in the South Island will be at Wanaka.

Housing Minister Phil Twyford says 211 KiwiBuild homes will be built over the next two years as part of the Northlake development, a master planned development of more than 800 homes on the outskirts of Wanaka township. 

The ballot for the first 10 of the KiwiBuild homes to be built will open on October 8. All 10 are standalone houses, four with two bedrooms and six with three bedrooms.

They will be priced from $565,000 to $650,000 and come with a 10 year Master Build guarantee and include features such as a Fisher & Paykel home appliance package.

Affordable housing in Avondale

A partnership between Panuku Development Auckland and the New Zealand Housing Foundation, a charitable trust, resulted in a development in Avondale of 33 homes which includes these 22 homes. The development was recently completed and all the residents have now moved in to their new homes.

The development, at 1 Trent St, includes 33 houses, 22 of which were made available to low income families to purchase if they met criteria set by the Housing Foundation. The criteria includes being a New Zealand resident or citizen, at least one member of the family in full time employment and a gross household income for this development of $65,000 - $95,000. Successful applicants receive ongoing financial management mentoring from the organisation if they require it.

Fast-tracking development through partnership

Auckland Council is working with Universal Homes on a pilot process that will enable the delivery of the earthworks and infrastructure at the same time as the construction of houses.

It’s an excellent example of the council and a large-volume housing developer working and innovating together to build houses faster.

Universal Homes Development Manager – Residential, Gerard Costello, says that enabling new and innovative ways of working together illustrates the commitment from central government, the council and the construction industry to ‘do things differently’ to help increase the supply of housing and ultimately improve housing affordability.

High-end development with more than 100 homes set for Queenstown

Apartments in a high-end development on the hills of Queenstown will cost up to $2.8 million apiece.

Construction is about to begin on the eco-friendly and luxury Jade Lake residential and visitor accommodation development in Fernhill.

The development by Chinese interests, on Wynyard Crescent, includes five stand-alone houses, 14 duplex houses, 28 terrace houses, 36 apartment units and 37 visitor accommodation units, including a tree house. Prices range from $950,000 to $2.8 million.

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