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How many consents were granted under the "$5 million plus house" pathway in each quarter since the pathway commenced, what was the total and average value of those transactions, and how many applications were declined?

Answered Question 35109 (2026)
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Asked by

Damien O'Connor

List MP · Labour Party

Question

  • How many consents were granted under the "$5 million plus house" pathway in each quarter since the pathway commenced, what was the total and average value of those transactions, and how many applications were declined?

Answered by

Mike Butterick

Member for Wairarapa · National Party · Minister for Land Information

Answer

I refer the Member to the attachment for the first part of the question. The total value of the consideration provided was $188,495,250, and the average value was $9,424,762.50. Six of the 20 consents involve the investors building a new home on the land, and the total and average consideration above excludes the value of any construction to be undertaken. While no applications have been declined, one was not accepted for processing as it related to land that was not eligible for the “$5 millions plus house” pathway.

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