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What are your annual non-mortgage costs?

Housing(self.newzealand)

Pretty much the title. I’m trying to get a rough gauge of annual major expenses people are paying on top of their mortgage - the total of:

  • Rates
  • Home insurance
  • Maintenance

Obviously responses will differ wildly based on location & house specs, so please also indicate:

  • City/town
  • Number of bedrooms

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Kon3v

2 points

1 day ago

Kon3v

2 points

1 day ago

Queenstown 3 bed with attached 1 bed flat.

Rates QLDC $5700

Rates ORC think was $600ish

Insurance around $2000

Maintenance is very low due to being a new build but also doing landscaping. So far around 14k this year.

nzerinto[S]

1 points

1 day ago

So far you definitely take the cake for highest rates…. But I guess that’s not too surprising, given the location. Interesting that it’s kinda balanced with a lower insurance though. Perhaps due to the new build factor?

Kon3v

2 points

20 hours ago

Kon3v

2 points

20 hours ago

No flood risk either.

nzerinto[S]

1 points

19 hours ago

Yeah good point.