Frequently Asked Questions

With a turnkey home, you pay a fixed price and move in once it’s finished. A house & land package means you buy the land and fund the build in stages, which can involve more decisions and risks.

Our homes are fully turnkey, meaning your home comes complete with landscaping, floor coverings and fittings, so it’s ready to move into.

A Resident Society is a community organisation that is empowered by law to manage the common areas and infrastructure of a development. They exist to help owners make a long term plan for the maintenance of common property and infrastructure.

Buying off plans means purchasing a property before it’s built, based on the developer’s designs and specifications. It lets you secure a brand-new home at today’s price, often with lower deposit requirements. You’ll pay a deposit upfront, with the balance due when construction is complete. Our team can chat to you more about how this works so you can decide if it’s the right choice for you.

Yes. Faisandier homes are freehold, which means you own the townhouse and the land it sits on.

Townhouses offer a great balance of affordability, location and low upkeep. Plus, they’re brand new, energy efficient and designed with modern living in mind. Their popularity makes them a great investment for future on-selling.

Yes, modern townhouses are designed for comfort, privacy and easy maintenance. They’re ideal for urban living and often located within progressive communities, close to amenities.

Townhouses often cost less because they use land more efficiently, meaning you still get a modern home but at a lower price point.

Yes, new builds often come with extra advantages, like lower deposit requirements and exemptions from some lending restrictions. Talk to your bank or lending adviser for more information specific to your personal situation.

Some lenders allow a 5% deposit for new builds. Talk to your lending adviser for details and to understand if you are eligible for low deposit approval.

Yes, KiwiSaver can be used for the deposit on eligible first homes, including new build townhouses, if you have been a member of KiwiSaver for at least 3 years. This option is available to you if you intend to live in the property, and cannot be used to buy an investment property. If you are a previous home owner, you will need to apply through your scheme provider.

In New Zealand, first home buyers typically need a deposit of at least 20% of the property’s purchase price, however there are low deposit options available to buy with a small deposit. Our team can help you understand your options, and encourage you to seek advice from a mortgage adviser who can help you find the best options for you, depending on your personal circumstances.

It depends on location and property type, but a yield of 4-6% is generally considered good. New builds may attract premium tenants and lower maintenance costs.

Often, yes. New builds attract quality tenants, require less maintenance, and meet Healthy Homes standards without costly upgrades.

Well-located, well-designed townhouses tend to hold their value and grow steadily, especially when they’re built to modern standards with low ongoing costs.

Yes, townhouses offer strong rental demand, low maintenance costs and good long-term capital growth potential, especially in urban centres.