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

The current KiwiBuild price caps are:

Location

Studio or one-bedroom

Two-bedroom

Three-bedroom

Location

Auckland

Studio or one-bedroom

$550,000

Two-bedroom

$760,000

Three-bedroom

$860,000

Location

Hamilton

Studio or one-bedroom

$550,000

Two-bedroom

$640,000

Three-bedroom

$720,000

Location

Tauranga

Studio or one-bedroom

$550,000

Two-bedroom

$740,000

Three-bedroom

$780,000

Location

Wellington

Studio or one-bedroom

$580,000

Two-bedroom

$760,000

Three-bedroom

$850,000

Location

Christchurch

Studio or one-bedroom

$550,000

Two-bedroom

$640,000

Three-bedroom

$720,000

Location

Queenstown-Lakes

Studio or one-bedroom

$550,000

Two-bedroom

$760,000

Three-bedroom

$860,000

Location

Rest of New Zealand

Studio or one-bedroom

$550,000

Two-bedroom

$640,000

Three-bedroom

$720,000

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: 15 May 2023