Buying his first home in Fordlands was a "no-brainer" for local man Steven van Duyn.
In less than a year his house value has increased nearly 100 per cent, his mortgage repayments are less than the average rent price and he didn't have to pay an arm and a leg for the deposit.
"It was about the fourth house we looked at. It was on the market for about a month but I think people were put off because there were a few holes, a few things needing fixing up.
"I wasn't necessarily looking for a doer-upper, but price was a big factor and you get what you pay for.
"Less than a year later and I know we haven't gone wrong. We've renovated the bathroom and kitchen, redone the doors, insulated the floors and tidied up the back yard, it's good."