A plunge in property prices is a key risk factor for banks in New Zealand, according to a new report from Standard & Poor’s.
The Timaru District Court has handed down a hefty fine to Harcourts Timaru for rental property safety failings – leaving an investor advocate to urge caution on the part of landlords.
The Queen City’s simmering property market and improved roading is transforming West Auckland into an attractive investment area.
Triple income magic with 9.3% gross yield, $43K equity plus room to add value with these three immaculate homes. Rental Appraisal of $870 p/w combined (Written appraisal available to potential purchasers)....
More Investment Gems »
Landlords in Auckland are benefitting from strongly performing asking rents, according to the latest...
Times are good for landlords: High demand across all market sectors means that asking rents are on the...
The Reserve Bank has left the official cash rate (OCR) at 3.5% and maintained a neutral stance in...
Here is what the Reserve Bank's governor Graeme Wheeler had to say about interest rates and the economy...
Ask an expert
Cancelling property management contract
“Can I cancel a property management agreement without notice if I am unhappy with the service? ...”
Our expert Bernard Parker responds »
Verbal agreement broken
“We had a verbal agreement with our landlord that he would replace carpet that has black mold (there is photo evidence that it exsisted pre us moving in). It was agreed when we moved in six months ago but he has not done anything about replacing it. He claims he can't get a tradie to lay new carpet. What can we...”
Our expert Alan Bruce responds »
Recommendations for next step
“We have $400,000 equity in our personal property and $150,000 in our rental (in a LTC). We are trying to decide if we should sell our personal property and buy something with a lower mortgage or to keep our current property and loan our equity to the LTC to purchase additional rental properties? Any recommendations...”
Our expert Kris Pedersen responds »
See also: Residental Dwelling Sales statistics »