Heather du Plessis-Allan Drive •
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Katie Wesney: Enable.Me financial adviser responds to report claiming the average Auckland house deposit could reach $1 million by 2045 - Heather du Plessis-Allan Drive

Heather du Plessis-Allan Drive

A report has suggested the average Auckland house deposit could reach $1 million by 2045.

The report was shared exclusively with One News.

Enable.Me financial adviser Katie Wesney says it's not an inconceivable amount.

"A million dollar deposit in 22 years, that's a 6.5 percent rate. And in all reality in the last 10 years, Auckland house prices have risen by 7.8 percent."

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Katie Wesney: Enable.Me financial adviser responds to report claiming the average Auckland house deposit could reach $1 million by 2045 - Heather du Plessis-Allan Drive