Region a boon for first home buyers
This Port Albert property is listed for $595,000.
Wellsford, Port Albert and Te Hana may provide the best opportunities for first home buyers in the Auckland Region with the introduction of government grants.
Mike Pero Wellsford owner Denise Pearson says she often sells first homes to buyers who have moved from Auckland, as well as people looking for a lifestyle change after Covid-19.
Several of her recent listings have been under the $600,000 cap for the Government’s recently upgraded first home grant.
From this month, first home buyers are eligible for a grant of up to $5000 on existing houses up to a value of $600,000 in the Auckland region, or a $10,000 grant for new houses up to a value of $700,000.