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After 2 month of looking I would like to share my experience which I think may be valuable for some one who in same budget looking.
I was looking for family house to live in within the normal family budget of 700 to 730K
As living in east try to find anything withing this range the mission is impossible houses are overpriced for only 2 reasons safety and good schools only find houses that with issues such as divided house in shared land and with 2 bedroom and the third room is only a study and they call it room
Moved to search in Papakura good land and house but no proper primary or secondary school plus you need a dog and security system to protect your self from dally robbers Only Conifer grove and you pay for this and extra 200K
Moved to look in pukekohe extremely far 40K to the city and around 2 hour transportation gets good schools but you again pay for this around 50K extra than average house also the house price there is same like Auckland and more expensive than Papakura.
Moved to look in Pamure or Mt willington great area close to city but not suitable for family with kids lots of state house that clearly not as home owners no proper school also safety issues .
Conclusion:
* Many investors are trying to sell to the gain profit after exactly 2 years of buying the house some of them are rented and it shows the owner occupied seems alot of games going on also noticed many get a loan of 80% for investment and he did not own a house.
*No serious sellers most of sellers they wants either to sell in min 20K above the last sell price in his nearby house.
* Many houses went to auction and did not sell
*Home owners expectation are too high to met specially when the house in good condition is overpriced.
*You pay for the failure of the government to provide safety to community against robbers who they help they encourage be bringing more and more form overseas to stay in state houses.
*As we all pay the same tax amount I guess it is not fair system some one who lives in bad area of school and with robbers around him everywhere to pay the same amount that is not fair.
*Government is the main cause of home overpriced issued by not working in other areas to balance the service.
*The issue will keep escalating and going on as long as no social and transportation development to other areas.
*New houses are also very expensive due to extremely costly regulation form the council, building material that is costly than any other country and the land price.
I was looking for family house to live in within the normal family budget of 700 to 730K
As living in east try to find anything withing this range the mission is impossible houses are overpriced for only 2 reasons safety and good schools only find houses that with issues such as divided house in shared land and with 2 bedroom and the third room is only a study and they call it room
Moved to search in Papakura good land and house but no proper primary or secondary school plus you need a dog and security system to protect your self from dally robbers Only Conifer grove and you pay for this and extra 200K
Moved to look in pukekohe extremely far 40K to the city and around 2 hour transportation gets good schools but you again pay for this around 50K extra than average house also the house price there is same like Auckland and more expensive than Papakura.
Moved to look in Pamure or Mt willington great area close to city but not suitable for family with kids lots of state house that clearly not as home owners no proper school also safety issues .
Conclusion:
* Many investors are trying to sell to the gain profit after exactly 2 years of buying the house some of them are rented and it shows the owner occupied seems alot of games going on also noticed many get a loan of 80% for investment and he did not own a house.
*No serious sellers most of sellers they wants either to sell in min 20K above the last sell price in his nearby house.
* Many houses went to auction and did not sell
*Home owners expectation are too high to met specially when the house in good condition is overpriced.
*You pay for the failure of the government to provide safety to community against robbers who they help they encourage be bringing more and more form overseas to stay in state houses.
*As we all pay the same tax amount I guess it is not fair system some one who lives in bad area of school and with robbers around him everywhere to pay the same amount that is not fair.
*Government is the main cause of home overpriced issued by not working in other areas to balance the service.
*The issue will keep escalating and going on as long as no social and transportation development to other areas.
*New houses are also very expensive due to extremely costly regulation form the council, building material that is costly than any other country and the land price.
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