PHOTO: SUPPLIED Auckland could have 20 per cent more houses if there was subdivision of every section where it was possible.
Do you have a goldmine in your back garden?
New data from Homes.co.nz shows that there is the potential to subdivide existing Auckland sections to create another 100,000 houses.
Across the city, 85,000 existing properties could be subdivided to become smaller than they currently are, carving off at least one other section in the process.
That would create 109775 new properties, equal to an additional 20 per cent of Auckland’s housing stock.
It could be worth hundreds of thousands of dollars to those homeowners.
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