Soaring Christchurch rents are making the region almost as expensive to live in as the country’s biggest city, the latest Department of Building and Housing New Zealand Housing and Construction Quarterly shows.
Auckland property investors are feeling confident about the year ahead, the latest Crockers market research shows.
Augusta Capital is at “the business end” of a deal to acquire KCL Property’s syndication business, its managing director says.
Our recent survey confirmed multi-income properties are in demand, how does 10 on one title sound? We have such a deal in the busy and growing town of Bulls. The 10 x 1br/1ba property is just 100m from...
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There’s a warning for would-be vendors with the latest Barfoot and Thompson statistics – don’t...
There are signs the upward trajectory of house prices seen over recent years is starting to level off,...
More people are interested in buying investment properties since the loan-to-value rules kicked in, the...
Building work fell 1% in the December quarter, surprising commentators....
Ask an expert
Market value policies
“Our rental property was entirely destroyed by fire. We had a "market value" policy which "means the market value of an item immediately before it was lost or destroyed". The insurance company brought in a valuer who valued a replacement building of the same size at $153,000. Being an older building,...”
Our expert Leanne MacKenzie responds »
Looking south for investment
“Hi there, in August 2012 I purchased an investment property in Manurewa, south Auckland which was a good buy and gave me a little equity to then purchase a family home in September 2013 . Our LVR is now quite high so our next purchase is going to have to be a strategic one. One that is located in a high-growth suburb to...”
Our expert Kris Pedersen responds »
Granny flat let?
“Some years ago I created a granny flat for my mother under our house in Wellington. The flat has a separate electricity meter, kitchen, laundry, shower and hot water cylinder. The flat is connected to the top part of house by internal stairs which has a lockable solid core door at the top. The flat also has separate external...”
Our expert Alan Bruce responds »
See also: Residental Dwelling Sales statistics »