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Oh those lucky state house tenants:
State tenants pay just $100 for million-dollar sea views
12.04.2005
Peter Gaston
Hawke's Bay's most valuable state house is worth $465,000 and its tenants pay rent of less than $100 a week.
While Housing New Zealand will not identify the property because of "tenant privacy reasons" the two-bedroom unit is understood to be one of eight it built in Ahuriri nearly 20 years ago, before Hardinge Road became fashionable. The units are among New Zealand's most valuable state houses.
Four of the units front Hardinge Road and the others, slightly behind, also have sea views from upstairs.
A Housing New Zealand spokesperson said two people have lived in the property for 19 years and pay an income-related rent of $95 rent a week.
Those paying income-related rent pay no more than 25 percent of their income in rent.
The spokesperson said the land the unit sits on was valued at $301,000 in July 2004 and the improvements were valued at $155,000.
The rental paid was slightly higher than the Napier average, which included a mix of income-related and market rents, of $80.98. Nearly 90 percent of Housing NZ's Napier clients were on income-related rents.
The average Housing NZ rent in Hastings was $84.46 and 88 percent of tenants paid income-related rent.
New Zealand's most valuable state house is worth more than $1 million and its tenants pay just $75 a week.
Housing NZ figures show that the 10 most valuable state houses in the country are all in Auckland and worth more than $800,000 each.
In Wellington, the most valuable state house is worth $515,000, with six bedrooms, where 12 tenants pay $97 a week. One tenant has lived in a $495,000 Wellington house, paying $96 in rent a week, for 30 years.
Housing NZ will not reveal the address of its most expensive property, worth $1,088,000, except to say it is in its Glen Innes district, which also includes blue-chip suburbs Mission Bay, Kohimarama and St Heliers, as well as Orakei, Mt Wellington and Glendowie.
The family who live in the three-bedroom house have been there for five years. The land is valued at $1 million, the house itself at $88,000.
The next most expensive house is in the same area and worth $897,000. Its tenants pay $84 in rent, while tenants living in an $884,000 Glen Innes property pay just $50 a week.
Tenants living in an $866,000 Panmure house for $62 a week have been there for 35 years.
The most expensive house in the Manawatu-Wairarapa Housing NZ region is on the Kapiti Coast, and worth $216,616.
12.04.2005
Peter Gaston
Hawke's Bay's most valuable state house is worth $465,000 and its tenants pay rent of less than $100 a week.
While Housing New Zealand will not identify the property because of "tenant privacy reasons" the two-bedroom unit is understood to be one of eight it built in Ahuriri nearly 20 years ago, before Hardinge Road became fashionable. The units are among New Zealand's most valuable state houses.
Four of the units front Hardinge Road and the others, slightly behind, also have sea views from upstairs.
A Housing New Zealand spokesperson said two people have lived in the property for 19 years and pay an income-related rent of $95 rent a week.
Those paying income-related rent pay no more than 25 percent of their income in rent.
The spokesperson said the land the unit sits on was valued at $301,000 in July 2004 and the improvements were valued at $155,000.
The rental paid was slightly higher than the Napier average, which included a mix of income-related and market rents, of $80.98. Nearly 90 percent of Housing NZ's Napier clients were on income-related rents.
The average Housing NZ rent in Hastings was $84.46 and 88 percent of tenants paid income-related rent.
New Zealand's most valuable state house is worth more than $1 million and its tenants pay just $75 a week.
Housing NZ figures show that the 10 most valuable state houses in the country are all in Auckland and worth more than $800,000 each.
In Wellington, the most valuable state house is worth $515,000, with six bedrooms, where 12 tenants pay $97 a week. One tenant has lived in a $495,000 Wellington house, paying $96 in rent a week, for 30 years.
Housing NZ will not reveal the address of its most expensive property, worth $1,088,000, except to say it is in its Glen Innes district, which also includes blue-chip suburbs Mission Bay, Kohimarama and St Heliers, as well as Orakei, Mt Wellington and Glendowie.
The family who live in the three-bedroom house have been there for five years. The land is valued at $1 million, the house itself at $88,000.
The next most expensive house is in the same area and worth $897,000. Its tenants pay $84 in rent, while tenants living in an $884,000 Glen Innes property pay just $50 a week.
Tenants living in an $866,000 Panmure house for $62 a week have been there for 35 years.
The most expensive house in the Manawatu-Wairarapa Housing NZ region is on the Kapiti Coast, and worth $216,616.
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