Aucklanders dominate KiwiBuild registration numbers

Chris McKeen/Stuff
Housing Minister Phil Twyford spoke on the KiwiBuild program at the BuildNZ conference in Auckland

The majority of people who have registered their interest in the Government's KiwiBuild programme are from Auckland

Of the 35,496 people who had registered their interest as of Tuesday, 22,891 said they wanted a home in the region.

Tauranga and Hamilton were close behind with around 4300 each, followed by Christchurch, Napier-Hastings, and Queenstown.

Those registering were allowed to select multiple cities of interest.

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The Government's KiwiBuild policy aims to build 100,000 homes over 10 years, with the first 1000 completed by July 1 next year.

Interested buyers are not automatically entered into the ballot for homes, but will be contacted when opportunities come up.

Each development will seek expressions of interest from potential buyers who can confirm they qualify for the home - that is they must be first time buyers or "second chancers" with New Zealand residency making under the income cap of $180,000 for a couple or $120,000 for a single person.

If there were more interested buyers than there were houses available - which is very likely over the first few years of the policy - buyers would be entered into a ballot.

A Cabinet paper from Housing Minister Phil Twyford's office suggests buyers would need to prove that they could get bank financing for a mortgage to enter that ballot.

Kiwibuild tracker
Labour promised 100,000 new homes in 10 years. Its first deadline is 1000 built by July 1, 2019.
Homes built
Homes under construction
Homes target to keep on track
Days until first deadline
How the tracker works

There is provision for a "priority ballot" understood to be intended for use in making sure locals have the best chances of KiwiBuilds in their area.

Applicants would be allowed to be involved in more than one ballot at once, but could only purchase once. 

National's Amy Adams has described KiwiBuild as a lottery, where a few will win a Government subsidised house.

If KiwiBuild works as designed the homes will be sold at-cost, not subsidised.

The price caps for the homes will be $650,000 for three bedroom homes in Auckland and Queenstown, $600,000 for two bedrooms in those areas, and $500,000 for homes everywhere else in the country.

The first 18 KiwiBuild homes being built in South Auckland will become available next month.

They will be priced at $579,000 for a three-bedroom and $649,000 for a four-bedroom.

Housing Minister Phil Twyford's KiwiBuild scheme has seen huge interest.
CHRIS MCKEEN/STUFF
Housing Minister Phil Twyford's KiwiBuild scheme has seen huge interest.

Stuff