Building a rung on the property ladder

  • With house prices surging, building a home has become a more attractive – and for some, a much cheaper – option for getting a foot on the property ladder. Matt Stewart reports.

Aiden McGillicuddy and Zoe Robinson gave up on the idea of buying a modest first home in Wellington after they discovered they could buy a section and put a new house on it for much the same price.

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MAARTEN HOLL/FAIRFAX NZ

Aiden McGillicuddy and Zoe Robinson on the section they bought in the Wellington suburb of Newlands. With house prices booming in the capital, they discovered it was cheaper for them to buy land and build on it.