Poll: Would you buy an apartment in Wellington City?

The Wellington City Council estimates that over the next 30 years, the capital will need up to 80,000 new homes. With little land available for development, apartments are likely to be the future for growth in the city.

For Wellington’s inner city, a six-storey minimum building height will likely be introduced with developments up to 10 storeys in Te Aro and on some central city boundaries. In the inner-city suburbs, up to 5400 extra homes will be created.

But inner-city apartment owner Carol Brown says people should think very carefully before buying an apartment in Wellington. She is warning that although new apartments will be built to code, the code can change over time.

That is what happened to her and she warned the financial implications can be huge.