Asking price rise eases: Trade Me

Trade Me has developed a new index that measures the average asking price for its residential property listings and it shows buyers’ expectations have levelled off.

Landlords investing with retirement in mind

Most landlords have invested in property as a way to save for their retirement and for general savings, Crockers’ latest market research shows.

Building activity slows

The rate at which building consents are being issued is slowing, Statistics New Zealand says.

Mt Vic / Mt Cook - 9.6% Yield + Equity in Wellington

$389,650 Looking for a cashflow positive property as well as an immediate equity gain? Do you want a hands-off investment that fills your bank account and lowers your LVR year in year out? This 5 bedroom apartment...
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New system makes funding repairs easier

Banks have agreed a streamlined process to help homeowners in multi-unit complexes access loans to pay...

Landlords hesitant to lift rents enough to cover costs

Rent increases over the next year won’t be enough to cover Auckland landlords’ increasing outgoings,...

Westpac targets landlord buyers

Westpac is increasing its focus on landlords as investment properties start to make up a greater proportion...

Expect

Bayleys says four large subdivision sites it has listed on the outskirts of Auckland are a sign of things...

Ask an expert

Vendor's GST payable
“I am planning to buy a block of residential units as a long-term investment. The property is being sold by a developer who purchased it with the intention to subdivide into separate titles and hence has claimed GST on it. However the project was not feasible so he had it on holding for residential rental income. He is currently...”
Our expert Mark Withers responds »

Window mould
“We own a small two bedroom flat (circa 1980s). It is well maintained, has a heat pump and is fully insulated apart from the aluminium, single glazed windows. In winter this does result in some condensation on the windows which to our mind is easily taken care of by wiping windows in the morning and letting a bit of air...”
Our expert Alan Bruce responds »

"Dank and damp" smell
“We recently moved in to a rental property on a fixed term for five months while we house hunt. We noticed a very strong mould smell in one area of the house. It is very dank and damp. It is a one-bedroom, one-lounge studio room which is part of a three-bedroom home. The landlord said the studio had been empty and closed...”
Our expert Juliet Robinson responds »

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See also: Residental Dwelling Sales statistics »

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