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My parents first home in Auckland was $200k, they sold for $1 mill after 10 years. Damn it's ridiculous but if you can get in the market why not?

@ron48170 If you have a crystal ball that can predict house prices in NZ please do share. In the mean time take advantage of the low interest rate and get in the market if you can. Your deposit sitting in the bank isn't making much money for you with the low term deposit rates the banks are...

@san76 Here to play the long game

@san76 Well depends on when they bought it.

@ron48170 Which city?

@hollywood3307 Option 1, you have no kids, high and stable income. This is the time to purchase a second home. Once you have kids, then GG.