Up to Date

  • Two-tier real estate market in NZ at the moment

    The Real Estate Institute of New Zealand (REINZ) today released their monthly report for June. REINZ CEO Bindy Norwell, commented that “the lack of housing supply continues to put pressure on prices in the majority of regions across New Zealand, with 12 out of 16 regions seeing a price increase since June last year.” However, Auckland’s median … Read more

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  • Over 20,000 people already signed up for the KiwiBuild ballot

    On the KiwiBuild side, the fact that over 20,000 people have signed up to be in the ballot for one of the affordable houses if and when they eventually get built tells us only one clear thing. You cannot build your home ownership plans around securing a KiwiBuild property. Your … Read more

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  • June 2018 sales in the Eastern Beaches area

    The figures below include all sales by all agencies for the suburbs of Bucklands Beach, Eastern Beach, Half Moon Bay, Howick, Cockle Bay, Shelly Park, Highland Park, Farm Cove, Sunnyhills, Pakuranga, Edgewater, Botany Downs, Northpark, Dannemora, East Tamaki, Flat Bush, Whitford, Beachlands and Maraetai. We can provide you with … Read more

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  • Negative and Positive gearing explained.

    Negative and Positive gearing explained. What does all of this mean? How do they differ and which is right for your investment property? Let’s find out. Positive Gearing When your total rental income is MORE than the cost of owning and managing the investment property (loan repayments, interest, maintenance, management … Read more

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  • Tony Alexander’s latest comments on investing in housing

    Investors have just received the good news that they don’t need to worry so much about costs associated with contamination from meth smoking any longer – pity about those caught out by the poor science last year. Y2K anyone? Overall though factors affecting investors are for now falling on the … Read more

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  • Auckland’s May Median price up on April, but down on 12 months ago

    Median prices for New Zealand excluding Auckland increased by 5.8% annually to $455,000, up from $430,000. However, Auckland’s median price decreased 1.3% from the same time last year, with May 2018 seeing a price of $852,000 (down from $862,800 in May 2017). Bindi Norwell, REINZ CEO, says “Despite the year-on-year … Read more

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  • May 2018 sales in the Eastern Beaches area

    The figures below include all sales by all agencies for the suburbs of Bucklands Beach, Eastern Beach, Half Moon Bay, Howick, Cockle Bay, Shelly Park, Highland Park, Farm Cove, Sunnyhills, Pakuranga, Edgewater, Botany Downs, Northpark, Dannemora, East Tamaki, Flat Bush, Whitford, Beachlands and Maraetai. We can provide you with a … Read more

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  • Tony Alexander’s thoughts on investing in property

    Tony Alexander is the Chief Economist at the Bank of New Zealand. The excerpt below is from his Weekly Overview of 10 May. I write a fortnightly column in the Property Press magazine which sits outside real estate agent offices and various other places all around New Zealand. Apparently some … Read more

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  • April 2018 sales in the Eastern Beaches area

    The figures below include all sales by all agencies for the suburbs of Bucklands Beach, Eastern Beach, Half Moon Bay, Howick, Cockle Bay, Shelly Park, Highland Park, Farm Cove, Sunnyhills, Pakuranga, Edgewater, Botany Downs, Northpark, Dannemora, East Tamaki, Flat Bush, Whitford, Beachlands and Maraetai. We can provide you with a … Read more

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