Barfoot and Thompson’s ad for a two-story, five-bedroom home is titled “brand new Tesla and brand new home” to entice buyers. The list comes as New Zealand is facing an affordability crisis that has seen house prices fall by more than 10 percent this year.
According to real estate agent Kapil Rana of Barfoot & Thompson, the homeowners wanted to differentiate themselves in a competitive market.
In an interview with TVNZ, she added that the car was a “bonus” rather than an addition to the home’s market value.
Mr Rena has said he has received more than 50 emails since the advisory went out on Tuesday.
According to the broker, the Tesla has not yet been purchased and the owners will let the person who buys the house choose the color of the car once the property has been signed.
In New Zealand, a Tesla car costs about $72,400 AUD.
It comes at a time when New Zealand house prices have seen their biggest drop in 30 years since the 1990s.
Data released last week by the Real Estate Institute (REINZ) shows that the average house price has fallen by 10.9 per cent annually to $825,999 (£425,580).
The number of homes sold also fell last month by 34.7 percent compared to October 2021, as 4,892 homes were sold compared to 7,486.
REINZ has said properties go unsold for longer, with a national median of now 44 days in October compared to just 10 days last year.
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The sharp fall in the housing market has been mainly caused by the rise in interest rates, which have been raised to combat the country’s high inflation and have caused mortgage rates to rise.
House prices in New Zealand rose by about 40 percent during the Covid pandemic, reaching unsustainable levels.
Australian bank Westpack now said it expects house prices to fall 20 percent from their peak, despite an earlier forecast of a 15 percent drop.
They said: “That would completely wipe out the gains we’ve seen in recent years and return real home prices to pre-pandemic levels.”