Reliance Homes Ltd Review and Analysis
Author: Andrew Nicol
Founder, 20+ Years' Experience Investing In Property, Author & Host
Last Updated:
Key data for Reliance Homes Ltd
Key data for Reliance Homes Ltd
Property consented in the last 12 months
-81.5%
15
Average build price
$233,553
Average square meter
-39.7%
79m²
Number of reviews on Google
NA
Average review rating
NA
Developer started
2019
The data comes from sources we believe to be reliable, including BCI and Google's reviews. However, if you spot an error, please email andrew.nicol@opespartners.co.nz
Andrew's Insights
Reliance Homes has appeared in New Zealand building consent data since 2019, and has had 107 homes consented in that time.
Over the last 12 months, Reliance Homes consented 15 homes, down 81% on the year before. That makes it the joint 116th busiest developer in our database, where the median developer consented 16 homes.
The busiest year for Reliance Homes was 2023, with 81 homes consented, and its latest 12 months are 81% below that peak.
Market insights: Number of Consents
Years are for the 12 months to September
Andrew's Insights
Over the last 12 months, the average Reliance Homes property cost $233,553 to build. That's down 27% on five years ago.
At about $2,956 per square metre, Reliance Homes is in the mid-range. The median across the developers we track is about $2,957 per square metre.
Market insights: Average Build Price
Years are for the 12 months to September
Andrew's Insights
Over the last 12 months, the average Reliance Homes property was 79 square metres, down 40% on the year before. That's smaller than the median of 136 square metres across the developers we track.
Market insights: Property Size
Years are for the 12 months to September
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