Leewales

I HAVE ABOUT $300,000 IN EQUITY WHEN I SELL MY HOUSE, COULD I GET A HOUSE IN AUCKLAND FOR ANOTHER 100,000 ON TOP OF THAT ? ALSO IS $ 28 AN HOUR GOOD MONEY OR AVERAGE? PLEASE ADVISE ME, CONFUSED LEE

phil01

Hi Lee,
check out www.realenz.co.nz for property prices, depends what you are looking for as to whether you will have enough money.

Again with the job...depends what job you are doing as to whether it would be considered good money, also whether it is liveable depends on how many hours you are working...$28 an hour for 40 hours would be $1120 less tax would leave you with around $870 a week, you work more hours get more dosh at the end of the week.

Leewales

but what is the average wage? is it above or below $28 cheers Lee

happynz

You're like a pitbull, Lee.

You want an answer and you're not giving up until you get one.

Cool!

phil01

The average wage for what Lee...what do you do? The average wage for a trucker would be $18.00 an hour, but it depends what you do...the minimum wage is $12.00 so on that standard it is good...

mickey_d

I'd put that amount of money in a savings account & get some good interest.
I would seriously look at renting before you buy, make sure you like it there, you get bugger all for your money in Auckland.
You wouldn't get much for 400k.

karonious

Taken from the Waikatio Times 14.07.07:
"who's earning what where?'

Wellington: $18.75
Auckland: $17.90
Southland: $16.83
Canterbury $16.61
Otago: $16.49
Waikato: $16.25
Bay of Plenty: $16.00
Taranaki: $16.00
Hawke's Bay: $15.75
Gisborne: $15.73
Northland: $15.00
Nelson: $15.00
Marlborough: $15.00
Tasman: $15.00
West Coast: $15.00
Manawatu: $15.00
Wanganui: $15.00
AVERAGE: $17.00

RedMonsk

Thanks for that Karonious, interesting to know!

Leewales

great and helpfull cheers,ps how far is hamilton from auckland by car?

simonmarkellis

That depends on how fast your driving? I think it took us somewhere between 60-90 mins.

karonious

generally 90 minutes but depends on if you hit the traffic - could be more.