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Kāinga Ora pays $4.5m

for six houses in Northland

Kāinga Ora has bought six existing houses worth $4.5 million in Northland and is accelerating the pace of new-builds, including the region’s largest social housing development in Tikipunga, Whangārei.

The six existing houses in Whangārei, Kawakawa and Kerikeri bought in the last quarter of 2022 consisted of two two-bedroom, three three-bedroom and one four-bedroom homes.

These include five standalone homes and a duplex home.

Kāinga Ora regional director for Northland Jeff Murray said the $4.5m reflected the median house price of $785,000 in the region in December.

Link to article: Kāinga Ora pays $4.5m for six houses in Northland - NZ Herald



 

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