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From Te Awamutu to Timaru, here s where Aotearoa s affordable homes are hiding

Lower house prices and job opportunities are attracting more property buyers to the King Country. More than 85 towns around the country have a median sale price of less than the regional price caps for Government-backed First Home Loans, according to new data from Homes.co.nz. Using data from towns which had at least 10 sales in the last six months, Homes.co.nz found 88 towns had a median sale price less than their regional price cap for new builds and 53 towns had a median sale price less than the regional price cap for existing properties. WARWICK SMITH/Stuff Whanganui’s median sales price over the last six months was less than the region’s new build price cap.

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