Surge in Property Listings Gives NZ House Hunters Broad Options, Asking Prices Remain High
Date Published: 5 February 2024
Key Facts Realestate.co.nz reported a significant increase in new residential listings in January, up 10.5% from January last year, with 7347 listings. The overall stock levels of properties for sale…
New Zealand Property Market Sees Muted Start in 2024 Despite Rising Values in Majority of Suburbs
Date Published: 31 January 2024
Key Facts Property values are rising in nine out of 10 suburbs according to OneRoof figures. Biggest quarterly lifts recorded in Arrowtown (+8.3%), Mataura (+8.2%) and Whitford (+8%). Suburbs in…
New Zealand Property Listings at Record Low while Coromandel and Central Otago Lakes Surge Amidst Summer Visitor Increase
Date Published: 11 January 2024
Key Facts The number of newly listed properties in December reached the lowest since realestate.co.nz records started 16 years ago, excluding the Covid lockdown period. A spike in new listings…
’90s Plaster Homes with Watertight Issues Prove Attractive to Certain Buyers in New Zealand
Date Published: 11 January 2024
Key Facts Real estate agents now refer to “leaky homes” as “plaster houses with watertightness issues”. Despite their issues, these houses still sell readily due to their typically reasonable prices…
Three Key Influences Projected to Drive Up New Zealand House Prices in 2024
Date Published: 11 January 2024
Key Facts The decline in the number of consents for new dwellings, dropping about 21% over the past year, is causing a reduction of new houses in the market. An…
Lock-Up-And-Leave Homes and Single-Level Properties Expected To Surge In Popularity by 2024, Predicts NZ Housing Expert
Date Published: 8 January 2024
Key Facts In 2024, single-level dwellings and lock-up-and-leave homes are expected to be highly popular properties, according to Bayleys head of insights, Chris Farhi. Turn-key homes are also gaining popularity…
Property Market Warm-up in NZ’s Hottest and Coldest Towns: Rising Interest in Rangiora and Lake Tekapo Homes
Date Published: 6 January 2024
Key Facts New Zealand’s real estate market is warming up after over a year of coolness. Rangiora, New Zealand’s hottest town, sees increasing interest from North Island home buyers, with…
Taranaki Property Market Attracts Out-of-Town Buyers and Investors, Forecasted Growth in 2024
Date Published: 5 January 2024
Key Facts Taranaki has seen an increase in out-of-town enquiries and investor interest in the property market. Bayleys Taranaki reported that 26% of their buyers last year were from outside…
The One Bank Trap and The Several Bank Nightmare
Date Published: 5 January 2024
A common phrase in mortgage world is the “one bank trap”. It’s when you have all your lending with one bank which gives the policy makers at the bank all…
How Do I Calculate Yield on an Investment Property?
Date Published: 2 November 2023
When buying your own home, you need to be good at negotiating with your partner over issues such as whether an outdoor pizza oven is a must-have or a nice-to-have.…
Should You Refinance to Another Bank to Get a Better Interest Rate?
Date Published: 27 April 2023
You’ve got a fixed-term account maturing soon and the bank or your broker has sent you some interest rates. Maybe your current bank is offering 0.1% higher than another bank…
The Bank Said No to Your Investment Property (Credit Hurdle)
Date Published: 3 April 2023
It happens to almost everyone eventually. You walk into the bank and ask for money, either to buy a car, house, or business. But the bank declines you. Today we’ll…
The Bank Said No Because of My Income
Date Published: 3 April 2023
It happens to almost everyone eventually. You walk into the bank, and ask for an amount of money, either to buy a car, house, or business and the bank declines you. Today…
The Bank Declined My Investment Property Mortgage Application – Equity Hurdle
Date Published: 1 April 2023
It happens to almost everyone eventually. You walk into the bank, ask for an amount of money, either to buy a car, house or business and the bank declines you. We look…
The Rule of 72: A Simple yet Powerful Financial Tool to Estimate Investment Growth
Date Published: 16 March 2023
The Rule of 72 is a widely-used financial concept that allows investors to estimate how long it will take for an investment to double in value, given a fixed annual…
NZ Mortgage Interest Rates Prediction 2023
Date Published: 16 November 2022
It’s the time of the year when the Mortgage Lab buffs up our Crystal Ball, gazes into the infinitely complicated world of economics, and comes up with sufficiently generic interest…
What to Look for When Buying an Investment Property
Date Published: 14 October 2022
Buying an investment property is a different bag of hedgehogs than buying a property for yourself. When you’re buying your own home it’s (arguably) totally reasonable to debate for hours…
Can I Buy an Investment Property?
Date Published: 1 August 2022
Our childhoods have betrayed us. Property investment is not as easy as rolling a four to land on Mayfair, paying ￡400 then sitting back to wait for someone to land…