New Zealand High Commission Canberra, Australia

Housing and land ownership

An Australian who is ordinarily resident in New Zealand may rent or purchase land and property under the same conditions as New Zealanders. No restrictions apply to land value or size.

Real estate agents may be found in the Yellow Pages.

The Real Estate Institute of New Zealand website also contains property listings.

An Australian who is not actually residing in New Zealand may be classed as an “overseas person" and must obtain consent under New Zealand’s Overseas Investment Regulations to acquire or take control of significant assets in New Zealand. Significant assets includes business or property worth more than $50 million, land over five hectares or worth more than $10 million and certain sensitive land over 0.4 hectares, such as on islands, near reserves, historical or heritage areas. “Control" is generally associated with an overseas person obtaining a 25% ownership or control interest in an asset.

For further information on overseas investment regulations, contact:

Land Information New Zealand

Private Box 5501
Wellington
NEW ZEALAND

Telephone: +64 - (0)4 - 460 0110
Facsimile: +64 - (0)4 - 472 2244
Website: www.linz.govt.nz

Housing Assistance

To be eligible for a state home administered by Housing New Zealand Corporation, Australian citizens and permanent residents must be resident in New Zealand for two years, be in receipt of a benefit from the Department of Work and Income, or be a naturalised New Zealand citizen. Priority for state housing is given to eligible people in serious housing need on low incomes. Rents for these homes are based on the household’s income.

For further information contact:

Housing New Zealand

256 Lambton Quay
Wellington
NEW ZEALAND

Mailing Address: PO Box 2628
Wellington 6015
NEW ZEALAND
Website: www.hnzc.co.nz

Low income earner home loans are available to eligible applicants from the Housing New Zealand Corporation.

Other housing assistance (such as an Accommodation Supplement) may be available from the Department of Work and Income for people not renting from Housing New Zealand.

For further information contact:

Department of Work and Income

PO Box 27-178
Wellington
NEW ZEALAND

Telephone: +64 - (0)4 - 916 2437
Facsimile: +64 - (0)4 - 918 0157
Website: www.winz.govt.nz

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