First-Time Buyers: Climb the Auckland Property Market Ladder for Under $800,000

Finding an affordable property is tough – but there are still some gems out there. Each week, Homed features a first-in-the-market buyer-friendly home that might (just about) be on budget.

Grace Maguire wasn’t interested in looking at the units when she was house hunting for her first home in 2018. She considered them “crampy”.

Then she found the small, two-bed semi-detached unit in Royal Oak, and her opinion completely changed. This unit ticked all of its first boxes at home.

“I’ve looked at so many places and some accommodations are quite depressing, especially if they’ve been rented for a long time. They can have this [low] energy.

“The great thing about this place was that it had two good sized bedrooms as often units have a large room and then a small bedroom. I wanted to be able to have a roommate – now it’s our daughter.

A tidy little unit from the 1960s in Royal Oak.

Harcourts/Supplied

A tidy little unit from the 1960s in Royal Oak.

“An outdoor space was also important. We wanted to have a small dog and the garden is perfect for a small animal. I also decided to have something a little smaller, but closer to town.”

Maguire’s first home, she bought it alone, but ended up sharing it with her husband, Dave, and their daughter, Frankie, 1.

“It’s actually a very good location. It has been a very good home for us for almost five years.

The interior is bright and fresh, ready to move into and live in.

Harcourts/Supplied

The interior is bright and fresh, ready to move into and live in.

Minutes from the Royal Oak Mall – “it has everything you could possibly need, fresh fruit and veg, supermarket, pharmacy” – and within walking distance of Cornwall Park and One Tree Hill, Erson Ave is also within walking distance. a short bus ride from Onehunga, and not too far from central Auckland if you have a big night out.

“Our life has changed a lot since we lived here, got married, had a dog, became parents – but before we had our daughter, it was also a pretty cheap Uber house of K Road,” says Maguire.

As a first-time single buyer, top of Maguire’s checklist was low maintenance, which she found to be the unit built in the ’60s.

The previous owner had fitted out a new kitchen – “plenty of working space” – and a bathroom. The couple have since repainted and re-carpeted, but that’s all they had to do.

The house has underfloor heating and is fully insulated. There is also a heat pump for the main room.

The house has been freshly painted and has new carpet.

Harcourts/Supplied

The house has been freshly painted and has new carpet.

“We’ve spent money on upgrades, but in the context of home ownership, these are pretty minor things. The brick and tile are very low maintenance, which is great.

“Also, despite being in a long driveway, I felt safe with nearby neighbors.”

It’s “bittersweet” to leave their first little home, but the couple are now expecting their second child and growing up.

The house has underfloor heating and is fully insulated, with two double bedrooms.

Harcourts/Supplied

The house has underfloor heating and is fully insulated, with two double bedrooms.

The 62 m² house with two double bedrooms and a bathroom, built in the 60s, is up for auction. Lisa Westerby for Harcourts.

Although we don’t normally recommend auctions for first-time buyers, the seller’s expectations for the sale are reasonable, reflecting the home’s current CV – $780,000 – which is well below the typical price for first-time buyers. in Auckland.

The small yard is big enough for a small dog, but not so big that it dominates your weekends.

Harcourts/Supplied

The small yard is big enough for a small dog, but not so big that it dominates your weekends.

Propertyvalue.co.nz estimates that the house is valued between $700,000 and $750,000.

If the potential buyer meets the criteria, a first home in this range would be eligible for government grants.

The outside space is private and tidy.

Harcourts/Supplied

The outside space is private and tidy.