A tour of Auckland’s ‘cheap’, ‘affordable’ ‘starter’ properties

With house prices dropping, what does ‘affordable’ look like now? asks The Spinoff. Nationally, the average house is valued at $989,790, while in Auckland that average now sits at $1,410,163. But what does “bargain” really mean for first time buyers in Tāmaki Makaurau? Let’s consider a house listed on Bellagio Way in Flat Bush. You could spend $1,600,000 on this place, or you could go to see Aerosmith at the Bellagio in Las Vegas 1075 times. Or try Kepa Road in Mission Bay. Two bedrooms, two bathrooms, two car parks, two million dollars.