apartments

 

PHOTO: ROSS GIBLIN/STUFF A Wellington real estate agent says the apartment market is widening away from investors. (File photo)

Most first-home buyers understand that if you’re buying at the bottom end of the market, it’s unlikely to be the house you’ll want forever.

But many may not realise that their big dream of getting on the property ladder in Wellington may involve thinking small.

Last year, of the 628 apartments, flats and units sold in Wellington City for $500,000 and under, the median floor area was just 60sqm, according to homes.co.nz.

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