Climbing Property Ladder Might Have To
Start with City Fringe And This Why:
Auckland provides 38% of New Zealand’s GDP and 62% of New Zealand’s imports arrive into Auckland
49% of the country’s employees in the finance sector work in Auckland
Auckland’s population is growing at a faster rate than any other New Zealand Centre (1.6% p.a. compared to a national 0.9% p.a.)
48% of permanent and long term arrivals settle in Auckland
Auckland’s fundamentals are underpinned by strong demographic trends
Auckland’s current population is estimated at 1.5 million, and is projected to increase by 49% by 2043
By 2038, 34% of Auckland’s population is expected to be of Asian ethnicity
Auckland Council has a vision to make Auckland the world’s most liveable city.
Terraced townhouses offer an affordable and low maintenance lifestyle with all the benefits of being in community. Whether you buy it as your first property investment, use it to downsize from a large family home or you just prefer home to be easy and compact, a terraced house may be perfect for you.
By their very nature, terraced houses are a stress-free property choice that allow you all the flexibility of owning your own home without carrying the burden of an unrealistic mortgage or being required to invest too much daily maintenance. Because they sit on a smaller footprint, there are less gardens to look after, less floorspaces to clean and they can be an ideal entry point for those who can’t afford a multi bedroom family mansion.
Unlike purchasing a flat or apartment, a terrace is still a house – meaning you will own the freehold without having to deal with body corporates or shared communal spaces on your property. All your gardens, staircases and courtyards will be yours alone to enjoy. But when you want to be part of a community, simply exit your front door and open spaces are there to be enjoyed with your neighbours.
Compact, low consumption living is more than a passing trend – these days it is a lifestyle choice that is essential to reducing our landfill and greenhouse gas emissions.
Our building and development partners have all the different options to suit your needs.