Auckland has the lowest rate of outright home ownership in the country, Roy Morgan statistics reveal.
Property investors are in the Inland Revenue Department’s sights – it has been given an extra $6.65 million to make sure they are paying their bills.
Rental property is still New Zealanders’ top pick for investment returns, the latest ASB survey of investor confidence shows.
The house is 3 bedroom and in sound condition and currently tenanting at $185 per week.
Cashflow now. Plenty of Add Value. Neighbouring Section available to buy as well. Both larger that 1200sqm. Could...
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More houses were sold last month than in any April for six years, the Real Estate Institute says. ...
Ask an expert
“I live overseas and own seven rental properties in New Zealand. Last year I approached the ASB to lend me some money for another rental property purchase, but I was declined in case of tenant default (even though I have sufficient additional income to make repayments). I note your advice about not having all your eggs in...”
Our expert Kris Pedersen responds »
Key return on early exit?
“My tenant is leaving the property early. Can I ask for the keys back and expect them to continue to pay rent until the end of the tenancy? ...”
Our expert Alan Bruce responds »
Bathroom heating obligations?
“What are the landlord's obligations regarding heating/ventilation in the bathroom? From reading previous answers about heating, I gather there are no specific requirements. What would be a situation where installation of a heating device in the bathroom would be deemed necessary? We have none but there is just a small...”
Our expert Juliet Robinson responds »
See also: Residental Dwelling Sales statistics »