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

Confidence fuels house-build boom

Amy McGillivray
Bay of Plenty Times·
14 Jun, 2014 12:00 AM3 mins to read

Subscribe to listen

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

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save
    Share this article
NEW HOME: Mitchell Peard, 28, and Jess Rose, 26, found they were better off building their first home than buying.

NEW HOME: Mitchell Peard, 28, and Jess Rose, 26, found they were better off building their first home than buying.

The number of homes being built in Tauranga has reached a two-year high with 81 new residential projects approved last month.

Both the number and value of consents for new homes and apartments in May also hit a two-year high with 81 consents worth $26.9 million, well ahead of last May's 58 consents worth $17.5 million.

The number of building consents granted in Tauranga city last month was the highest it has been in more than four years with 212 projects worth $34.6 million given the go-ahead. While the total number of consents was up the value was down slightly on April's $34.8 million.

Priority One chief executive Andrew Coker put the difference between the number and value down to a greater number of small consents for the installation of heating systems.

The increase in residential consents was a healthy sign and driven partly by a strong drift of people moving down from Auckland, he said.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

"We're really seeing that uplift in residential infrastructure. That's very encouraging as that's really important here," Mr Coker said.

Western Bay of Plenty Certified Builders president Mike Way said he and other builders had been flat out in recent months.

"We have seen people starting to struggle to get the right tradesmen at the right time. There's a lot more inquiries," Mr Way said. "It's a bit different to the last few years. Before we were managing if we were going to get work, now we're managing time frames and expectations."

Advertisement
Advertise with NZME.

The Lakes managing director Scott Adams said there had been up to 70 houses being built in the subdivision at any one time during the past six months.

"We're about to release approximately 100 more titles in July, which will then trigger the start of building over the next 12 months," he said. Mr Adams put the increased interest in building down to a combination of the recent LVR restrictions, which meant a 20 per cent deposit was required to buy an existing house but only 10 per cent was needed to build, and rising interest rates.

Tauranga Chamber of Commerce chief executive Dave Burnett said he was not surprised the number of new residential consents was high.

"It goes hand-in-hand with what's happening on the commercial side with businesses relocating here," he said. "People moving into the area need to live somewhere.

Discover more

Maori housing scheme thrives

27 Jun 01:00 AM

"Builders are getting hard to get. People are moving in from Auckland. That's helping drive that demand for housing and particularly new housing."

Mr Burnett said there seemed to be much more confidence among the people in the Bay of Plenty than in the past few years.

Save
    Share this article

Latest from Bay of Plenty Times

Bay of Plenty Times

Pickleball classic takes over Baypark

12 Sep 04:11 AM
Bay of Plenty Times

Arts 'not a nice-to-have': Tauranga hosts 300 creatives for national conference

12 Sep 04:05 AM
Bay of Plenty Times

In custody: Three face firearm charges after Te Puke incident

12 Sep 04:00 AM

Sponsored

Kiwi campaign keeps on giving

07 Sep 12:00 PM
Advertisement
Advertise with NZME.

Latest from Bay of Plenty Times

Pickleball classic takes over Baypark
Bay of Plenty Times

Pickleball classic takes over Baypark

'We’re here to meet people and stop at the pub on the way home.'

12 Sep 04:11 AM
Arts 'not a nice-to-have': Tauranga hosts 300 creatives for national conference
Bay of Plenty Times

Arts 'not a nice-to-have': Tauranga hosts 300 creatives for national conference

12 Sep 04:05 AM
In custody: Three face firearm charges after Te Puke incident
Bay of Plenty Times

In custody: Three face firearm charges after Te Puke incident

12 Sep 04:00 AM


Kiwi campaign keeps on giving
Sponsored

Kiwi campaign keeps on giving

07 Sep 12:00 PM
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