Buying your first home with KiwiSaver

First home buyer? Find out how KiwiSaver could help you into a home.

KiwiSaver first home withdrawal

If you’ve been a member for at least three years, you may be able to make a first home withdrawal to put some of your KiwiSaver savings towards buying your first home or land to build your first home on.

Are you eligible?

To be eligible for a KiwiSaver first home withdrawal, you must:

  • Have been a member of a KiwiSaver scheme or complying superannuation fund for at least three years
  • Have not owned a home or land before in New Zealand or overseas –previous homeowners may still be eligible, Kāinga Ora can determine if you’re eligible as a previous home owner, find out more at
  • Be buying a home or land in New Zealand
  • Intend to live in the home or on the land you’re buying – if you intend to build a home on the land, then your first home withdrawal can’t be used for the build, only the land
  • Have not made a first home withdrawal before.

You can’t use your first home withdrawal to fund the cost of building a home on land you already own, no matter how you became the owner, e.g. gifted or inherited.

How much can you withdraw?

You can apply to withdraw all your KiwiSaver savings to put towards a home or land, except for:

  • $1,000
  • Any amount you may have transferred from an Australian complying superannuation scheme (if applicable)
  • Any Government contributions received during any period you lived overseas and didn’t have permanent residence in New Zealand.

To apply for a first home withdrawal

Just complete our simple online form and we’ll be in touch. Or download, complete and return a copy of the KiwiSaver first home withdrawal application form.

Other ways ANZ can help you into your first home

Whether you’re thinking about buying or building your first home, talk to ANZ. We can help you every step of the way, from explaining the process, to helping you apply for a home loan. 

Take the first step

Even if you don’t have your full deposit saved, one of our ANZ Home Loan Coaches can help you through the journey.

Lending criteria, terms, conditions and fees apply.

From overseas: +64 9 356 4000

Important information

ANZ New Zealand Investments Limited ('ANZ Investments') is the issuer and manager of the OneAnswer KiwiSaver Scheme. Important information is available under terms & conditions. Download the guide and product disclosure statement.

This material is for information purposes only. We recommend seeking financial advice about your situation and goals. Talk to your financial adviser, or call us on 0800 736 034 and we can put you in contact with one.