Long Bay development stokes rising optimism
Development at Long Bay is contributing to optimism about the Auckland home building sector.
Auckland mayor Len Brown says it's great to see the housing stock is increasing and the building industry is getting a much-needed boost.
Figures released by Statistics New Zealand show building consents in Auckland increased by 21 per cent last year to 4582.
December building consents in Auckland were up 48 per cent on December 2011, with apartments and retirement dwellings a key feature.
The biggest contributors to the increase in activity were Flat Bush, Takanini and Papakura in the south and Long Bay and Silverdale in the north.
Mr Brown says: "Our focus this year must remain on housing affordability, ensuring that not only are more homes being built but Aucklanders also have access to homes they can afford.
"Auckland Council is working closely in collaboration with government, the private sector, NGOs and housing agencies to find joint solutions to this complex problem."
The development at Long Bay is expected to boost the area's population by 2500 families.
Earthworks for the first of the development's 18 stages were completed late last year and the first residents are expected to move in late this year.
Sections for stage one sold out with an average selling price of $450,000.
North Shore Times