Bay of Plenty Times
  • Bay of Plenty Times home
  • Latest news
  • Business
  • Opinion
  • Lifestyle
  • Property
  • Sport
  • Video
  • Death notices
  • Classifieds

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • On The Up
  • Business
  • Opinion
  • Lifestyle
  • Property
    • All Property
    • Residential property listings
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
  • Sport

Locations

  • Coromandel & Hauraki
  • Katikati
  • Tauranga
  • Mount Maunganui
  • Pāpāmoa
  • Te Puke
  • Whakatāne
  • Rotorua

Media

  • Video
  • Photo galleries
  • Today's Paper - E-Editions
  • Photo sales
  • Classifieds

Weather

  • Thames
  • Tauranga
  • Whakatāne
  • Rotorua

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Bay of Plenty Times

A first-home buyer's journey onto Tauranga's property ladder

Zoe Hunter
By Zoe Hunter
Bay of Plenty Times·
30 Jan, 2021 06:00 PM4 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

    Reminder, this is a Premium article and requires a subscription to read.

John Duffield, 24, and Eves Mount Maunganui agent Dirk Merwe. Photo / George Novak

John Duffield, 24, and Eves Mount Maunganui agent Dirk Merwe. Photo / George Novak

KEY POINTS:

  • John Duffield finally has the keys to his first home after months of searching

A Tauranga property lawyer's home hunt has given him an appreciation for the uphill battle people are facing to get on the property ladder.

Even with a budget of about $800,000, the 24-year-old Holland Beckett lawyer still battled with buyers in the heated market.

John Duffield missed out on multiple properties before securing the keys to his first home on Mount Maunganui's Gloucester Rd.

"The whole process has helped me understand it more for my clients."

Advertisement
Advertise with NZME.

The budget

He was lucky: his parents had helped him with half of the deposit and the mortgage. He also had KiwiSaver and his own savings.

The journey

Duffield first thought about buying his first home about a year ago, but he was in the middle of his admission to the bar.

Advertisement
Advertise with NZME.

"I got a bit distracted, working full time and doing that."

Then Covid came along.

Discover more

First home buyers: Where to buy for under $550,000

16 Jan 02:00 AM

'Affordability seems to be disappearing': Tauranga's property values climb $76K in three months

06 Jan 05:00 PM

CoreLogic reveals Tauranga's top-performing suburbs of 2020

18 Dec 05:00 PM

"I was kind of a bit wary with what the housing market was going to do, so I thought I would wait a few more months."

But Duffield said after seeing the market move forward he decided to restart the process.

He made a list of non-negotiables: Three reasonably sized bedrooms for flatmates, good-sized kitchen, separate bath and toilet and a decent-sized property - in the Mount.

"I grew up in Pāpāmoa and have always liked this side of the bridge."

House 1

The first house he looked at was on Carysfort St. "I was quite interested in that house but it sold way over what we thought. So then we were on to the next one."

Advertisement
Advertise with NZME.

Home 2

He ventured out to Ōtūmoetai for a brief moment and witnessed an auction that "just kept going".

House 3

Next was an auction for a home on Ascot Place, where Duffield was the under-bidder.

"That just went way above budget."

John Duffield, 24, and Eves Mount Maunganui agent Dirk Merwe. Photo / George Novak
John Duffield, 24, and Eves Mount Maunganui agent Dirk Merwe. Photo / George Novak

Duffield said he was up against a phone bidder who "wouldn't stop going up".

"I was disappointed that I missed out but I got over it after a couple of days.

"The house needed a renovation before anyone could move into it. But I was pretty excited about doing a bit of work myself.

"I think it's hard if you're a young family and you can see your kids playing there and you start to tie up a lot more into it."

House 4

He also missed out on a home on Leander St.

"That went to auction, but it didn't meet the reserve," Duffield said. "That was probably the nicest house I looked at."

So it was back on the home hunt.

House 5

There was a "cute" home on Farm St - but it didn't match Duffield's criteria and also sold "way over" its asking price.

House 6 - sold!

Duffield made a pre-auction offer on the home he now lives in on Gloucester Rd - but missed out.

He waited until the home came up under the hammer and attended the auction.

"I just made one bid."

It was Duffield's top bid $835,000, which his agent called a "great strategy".

"John was pragmatic about it," Eves Mount Maunganui agent Dirk Merwe said.

"He wasn't emotionally attached to it. The house fit the criteria but he never allowed himself to fall in love with it because that clouds your vision and that's when you overspend."

It just "killed" the auction room.

"You could just see people who were there to buy the house, their heads just dropped."

"It definitely worked," Duffield said.

But he wasn't over the finish line yet. The vendors had a reserve price they weren't willing to go below and Duffield ended up in a multi-offer with another two buyers.

Duffield pushed his budget another $10,000 and the house was his - sold at $845,000.

After three months of searching, he was now a first-home owner.

"I don't get too excited, but I was definitely happy. I was happier the whole search was over. That's taxing."

Know what you want

Merwe said what Duffield did well was that he had his finance sorted and knew what he wanted.

"He was really clear about where he was prepared to go, he had a handle on the market. John knew exactly what his geography limitations were and his non-negotiables - and he wasn't dreaming. He had a grip on reality.

"So it made the search really easy and it made John act, and when he saw something he did act.

"And in the current market, it is the quick and the homeless. If you want it, act."

Save

    Share this article

    Reminder, this is a Premium article and requires a subscription to read.

Latest from Property

Premium
Property

All rentals must meet five Healthy Homes standards by July 1

17 Jun 11:00 PM
Property

Mount Maunganui section bought for £4000 sixty years ago - what will it sell for now?

12 Jun 08:26 AM
Premium
Business

New, never-lived-in Auckland apartment project up for mortgagee sale

09 Jun 04:00 AM

Jono and Ben brew up a tea-fuelled adventure in Sri Lanka

sponsored
Advertisement
Advertise with NZME.

Latest from Property

Premium
All rentals must meet five Healthy Homes standards by July 1

All rentals must meet five Healthy Homes standards by July 1

17 Jun 11:00 PM

Heating, insulation, ventilation, moisture and draught-stopping standards all coming in.

Mount Maunganui section bought for £4000 sixty years ago - what will it sell for now?

Mount Maunganui section bought for £4000 sixty years ago - what will it sell for now?

12 Jun 08:26 AM
Premium
New, never-lived-in Auckland apartment project up for mortgagee sale

New, never-lived-in Auckland apartment project up for mortgagee sale

09 Jun 04:00 AM
Multi-million-dollar bach for sale again after owners quit the beach for sailing adventure

Multi-million-dollar bach for sale again after owners quit the beach for sailing adventure

01 Jun 04:21 AM
Help for those helping hardest-hit
sponsored

Help for those helping hardest-hit

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • Bay of Plenty Times e-edition
  • Manage your print subscription
  • Manage your digital subscription
  • Subscribe to Herald Premium
  • Subscribe to the Bay of Plenty Times
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • Bay of Plenty Times
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP