Auckland house-hunters Tristan and Jessica Lomberg are like many others in the city - they wanted a good, biggish place but not with a huge price.
But searching for their first home left them feeling despondent and defeated.
"We've been looking around for a reasonable time and wanted to live in East Auckland but it's really expensive," Lomberg complained. "We did not want a do-up."
So they paid a $46,000 deposit for a $460,000 three-bedroom north-facing terrace Springpark place in the planned 400 apartments and terrace residences project on a 10.3ha site at 33 Panama Rd in Mt Wellington.
"We bought there because we wanted more house space, wanted it to be new, low-maintenance. We're not really into gardening and wanted a big house," he said.