paintbrush

Property Investors Still In The Market

Reading between the lines data revealed by NZHerald in this article suggests property investors grabbed their pre-loan approvals with open arms before the forty percent deposit requirement came in from 1 October 2016 and in recent weeks the revised restriction has been very noticeable. However property investors are working with the restrictions using the value […]

Read full story Comments Off on Property Investors Still In The Market
New Zealand

New Zealand In Hot Demand

New Zealand as a place to reside has been topping the wish list of Britons for years and now their close allies, the Americans, also view our fair land as a perfect place to call home.

Read full story Comments Off on New Zealand In Hot Demand
winter

Winter Slow Down Listings Drought

Winter is on it’s way even if our weather is slow to catch on. The volume of property listings around the country is lower than this time last year and asking prices in many regions are lower too which is characteristic of this time of year. However in Auckland property asking prices are much the […]

Read full story Comments Off on Winter Slow Down Listings Drought
property market

Auckland Property Market Breaks Free

The restriction measures by the Government and RBNZ have failed to dampen property prices in Auckland for more than a few months. March 2016 saw a return to the market we’ve come to know, one that’s on the rise. Average property prices in Auckland have done an about turn and reached a record high price […]

Read full story Comments Off on Auckland Property Market Breaks Free

Property Investor Pearls of Wisdom

There is no need to reinvent the wheel, when it comes to knowing all you need to know to invest in residential property in New Zealand. Our obsession with homeownership has resulted in our small country of 4.5 million people having thousands property investors and many of them frequent a dedicated property investment discussion forum […]

Read full story Comments Off on Property Investor Pearls of Wisdom
consent

Building Consents for Private & Commercial Up

New Zealand’s population is growing faster than the growth in private housing consents however November 2015 saw higher increases in consents issued in Auckland and elsewhere around the country than the previous month.

Read full story Comments Off on Building Consents for Private & Commercial Up
trademe

Free Property Data To Hurt Competition

Property investors have been paying for property data via service providers like RP Data, QV and Property Guru. However this is about to change now Trade Me is offering it for free.

Read full story Comments Off on Free Property Data To Hurt Competition
properties

Property Bright Line Test Passes Into Law

Gains on residential property bought and sold within two years is now taxed as the Bright Line test passes into law. Property purchased from 1 October 2015 will be subject to tax if sold within two years with the exception of the family home, inherited or relationship property.

Read full story Comments Off on Property Bright Line Test Passes Into Law
properties

Investors’ Symbiotic Relationship With First Home Buyers

Contrary to popular belief Investors and First Home Buyers can and do co-exist in the lower-end of the property market. In fact they have a symbiotic relationship. Typically investors are looking to buy properties for less than their market value and it’s the unliveable, undesired properties that fit the bill.

Read full story Comments Off on Investors’ Symbiotic Relationship With First Home Buyers
PropertyMasters wgn

Auckland Investors Do Well In The Provinces

Cashed up Auckland property investors are seeking bargains in the nearby provinces. Regions like Waikato and Bay of Plenty are reaping the rewards of the RBNZ 70% LVR restriction on Auckland rental properties.

Read full story Comments Off on Auckland Investors Do Well In The Provinces
properties

Why Freehold Is Preferred

The spat between two wealthy neighbours over a shared driveway is just one of many examples why freehold property and land titles are preferred. On the discussion forum PropertyTalk there is a lot of talk of cross-lease titles and the cons of buying cross leased properties.

Read full story Comments Off on Why Freehold Is Preferred
offer

Multi-Offer Process Needs Clarification

What is a multi offer and what’s all the fuss about. A multi offer occurs when more than one offer is received by the vendor for the sale of a property. The offers have come from different prospective buyers.

Read full story Comments Off on Multi-Offer Process Needs Clarification
rbnz

RBNZ Governor – Too Much Power?

The RBNZ have recently put restrictions in place to curb the property market in Auckland. This is an unprecedented move and an ex RBNZ economics advisor suggests RBNZ Governor Mr Graeme Wheeler has more power than any other central bank Governor worldwide and it’s out of date and highly risky according to a news item […]

Read full story Comments Off on RBNZ Governor – Too Much Power?
auction

Property Auction – You Pay More

Properties selling by Auction generally sell for more than properties sold by private treaty. Is this the reason Real Estate Agencies love Auctions? Probably especially the non-fixed commission agencies. There’s no doubting the general public interest in Auctions though.

Read full story Comments Off on Property Auction – You Pay More
property

National Average Asking Price over $500K

Rising property values was the reserve of Auckland and Christchurch for most of last year but other regions are now getting a look in too. Wellington experienced very flat growth for months on end but Trade Me Price Index reports it has grown by 7 percent in the last 12 months.

Read full story Comments Off on National Average Asking Price over $500K
strategy

Property Investment Strategy That Works in Tight Listings Market

Year on year Auckland property values are up 14.1 percent. If your house was worth $750K a year ago it’s more than likely worth more than $855,750 today. However that’s not taking into consideration the 5.1 percent growth in just the past three months.

Read full story Comments Off on Property Investment Strategy That Works in Tight Listings Market
builder

Nick Smith To Target RMA Nimbys & Bananas

Bernard Hickey does a good job explaining the disruptiveness of the ‘nimbys and bananas’ of the RMA are in his recent NZHerald article. Essentially the nimbys and bananas are people who love to say ‘no’ to everything and put forward submissions to stop development of almost anything.

Read full story Comments Off on Nick Smith To Target RMA Nimbys & Bananas
houses

Home Ownership & Property Investment in 2015

The Property versus Shares debate may well continue in 2015. It’s still a major talking point on the New Zealand’s property investment discussion forum – PropertyTalk. New Zealanders are essentially ‘property centric’ even after abundant persuasive input on news sites from Economists who favour other investments.

Read full story Comments Off on Home Ownership & Property Investment in 2015
land

Govt Wants Houses On ‘Banked’ Land

The Government realises it now needs to add more temptation so land bankers build houses. The recent increases in land value has seen land sit empty even though if developed 45,000 homes could be added to the property market in Auckland.

Read full story Comments Off on Govt Wants Houses On ‘Banked’ Land
melbourne

Property Developers Build Up Melbourne

Soon after John Key was re-elected the prime minister he suggested first home buyers look at purchasing an apartment as their first home. Arguably it was not a bad call either given Apartments do offer first home buyers that chance to get on the property ladder.

Read full story Comments Off on Property Developers Build Up Melbourne
housing

More Affordable Housing A Key Focus

The Resource Management Act is likely to be overhauled with a Bill presented to Parliament before Christmas. John Key was sworn into office yesterday and the revamp of the RMA was firmly on his agenda.

Read full story Comments Off on More Affordable Housing A Key Focus
rent

Landlords Need to Raise Rents

A Tenant Advocacy group suggested Landlords would be foolish to raise rents too high and risk losing good tenants. No kidding! It costs the landlord to replace tenants so retaining good tenants on a long term basis is the desire of buy and hold property investor.

Read full story Comments Off on Landlords Need to Raise Rents
Aucklandland

Land Banking

Landing banking is a property investment strategy utilised when market conditions favour it. It is more of a speculative strategy where you buy land to on sell for a profit later on. Therefore should property investors consider land banking as part of their investment strategy?

Read full story Comments Off on Land Banking
tiles

Hone Your Renovation Eye

At some point Property Investors need to update the look of their investments to attract the best possible income. While there is a certain reluctance amongst us to do cosmetic work to a property we also know that delaying it can actually hurt us in the pocket.

Read full story Comments { 0 }
rental

Caravan or Cabin For Your Next Rental

Residential rental accommodation now includes caravans and cabins not just your usual standalone house or apartment. A tight rental market has seen some property owners make instant use of their section. The placement of a rent a cabin or caravan for renting out to tenants provides instant income and it is fast becoming commonplace especially […]

Read full story Comments { 0 }
banner_masters2

Wellington Investor Excels With PropertyTutors

Wellington property investor Aaron has excelled with property mentor Steve Goodey. Steve Goodey is a seasoned property investor and business ower. PropertyTutors Wellington is his baby which is part of the very successful PropertyTutors Limited.

Read full story Comments { 0 }
apartments image - Google Search

Budget May Offer Olive Branch To Developers

We know we can rely on two things – Change and Taxes.  Mr Bill English has hinted at a change he’d like to see to the current property size regulations and there’s no doubt it will dearly be welcomed by property developers. The news item on NZHerald gives a good report on what the change […]

Read full story Comments { 0 }
renting property - Google Search

More People Renting In NZ

The latest news is more people are renting in New Zealand.  Should we be overly concerned or is this the opportunity we’ve been looking for to invest in more property? Property investment has increased over the years and so too have the systems and services for the rental market.  This infrastructure provides property investors with […]

Read full story Comments { 0 }
auckland map - Google Search

Min. 600 SqM Per Single House – Auckland

The Auckland Zoning Rules under the Auckland Unitary Plan make it easier to build townhouses and apartments on land in suburban and urban zones than single houses. A single house has to occupy at least 600 square metres in suburban areas while townhouses need a minimum of 200 square metres per townhouse. This is the […]

Read full story Comments { 0 }