What is a House Deposit?
💰 The Journey to Your House Deposit – Made Simple! 🏡
Saving for a home deposit might seem like a big mission, but with the right strategy, you’ll be unlocking that front door in no time! 🚪✨
What’s a House Deposit?
It’s the upfront amount you pay when buying a home calculated as a percentage of the total property price—usually 10% in NZ and 20% in Australia. It’s your ticket to getting that mortgage and securing your dream property!
Top Tips to Grow Your Deposit Faster
💡 Budget Like a Boss – Track your income, spending, and savings. Little tweaks can make a big difference! Look at areas where you can cut costs without compromising your lifestyle.
🏦 Automate Your Savings – Set up automatic transfers to a dedicated account. Out of sight, out of mind, but growing!
💰 Look Into Government Schemes – First-time buyers, there might be help available—don’t leave free money on the table!
📈 Get Smart with Investments – A financial advisor can help you make your savings work harder.
Beyond the Deposit – What’s Next?
🔍 Find the Right Property – Research locations, property trends, and future growth potential.
🏡 Sort Your Mortgage – Talk to a mortgage broker to find the best loan option for your budget.
Patience Pays Off!
Saving for a house takes time, but every dollar gets you closer to your dream home. Stay focused, get advice when needed, and before you know it—you’ll be stepping into your very own place! 🔑
Remember, the key lies not just in reaching your financial goal but in embarking on a homeownership journey that aligns with your aspirations and sets the stage for a secure future.
I'm available for real estate advice and tips. My advice is given freely and without obligation
#HouseDeposit #FirstHomeBuyer #SavingTips #DreamHome #FinancialFreedom
Poll: Are our Kiwi summer holidays helping us recharge, or holding the economy back? ☀️🥝
There’s growing debate about whether New Zealand’s extended Christmas break (and the slowdown that comes with it) affects productivity.
Tracy Watkins has weighed in ... now it’s your turn. What’s your take? 🤔
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73% We work hard, we deserve a break!
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17.5% Hmm, maybe?
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9.5% Yes!
Have you seen Rowena?
Police are urgently appealing for sightings of Rowena, 39, reported missing from Christchurch.
She was reported missing to Police on 22 October 2025, and was last seen on 14 August 2025. Rowena hasn’t been in contact with her children and her family are worried for her safety.
Police investigating her disappearance have identified her as being in Auckland, Tauranga and Christchurch in the recent months prior to her missing person report being made.
If you have seen Rowena, or have any information regarding her whereabouts, please contact us immediately.
You can contact us via 105 either over the phone or online at 105.police.govt.nz, clicking “Update Report” and referencing file number 251022/9026.
Information can also be provided anonymously via Crime Stoppers on 0800 555 111.
We want to know: Have you thought about cutting your insurance cover to save costs?
Senior business reporter Rob Stock tackles a big question many of us have wondered about: “What are the pros and cons of cutting back on insurance?”
So we’re curious… What are your thoughts on trimming your insurance cover? Have you ever considered it?
Want to dive deeper? Rob Stock has the full breakdown.
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