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Latest Real Estate News for Property Investors

Whangarei: City of 100 opportunities

Known as the city of 100 beaches, the NZ Property Investor check out whether opportunities for investors measure up to the golden sands, or whether wreckage of the recent storm is still lingering. More...

Auckland rental shortage under debate

Rents look set to rise in Auckland as the rental pool drains somewhat, but the extent and reasons behind the drop are under debate. More...

Values growing at slower pace

House values rose 5.5% in the year through February, though the speed of growth is beginning to slow down, according to QV Valuations. More...

QV regional snapshot - February 2010

Property values in February are above the same time last year, with the main urban areas performing well. To find out what's been happening in the six main areas throughout the country, click on the links in the story below. More...

Blog: Big week for housing market looming

Next week is shaping up to be fairly a interesting one for the housing market and where it is headed. It’s not quite the big bang – that’ll be May 20 when the government unveils its new taxes in the Budget. Rather, next week we see the latest house sales data from QV and REINZ, plus we [...] More...

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Today's Mortgage Rates

Wednesday, March 10th, 7:50AM

ANZ and National Bank have made considerable cuts to their long-term fixed rates.

ANZ has reduced its three, four and five-years by 24, 31 and 16 basis points respectively.  Its new rates are now the lowest offered by a major bank by at least one basis point.  ANZ's new four-year rate of 8.19% is now the lowest offered by all lenders in our table, followed closely by ASB, Kiwibank and National Bank with 8.20%.

National Bank has also cut its three, four and five-year rates albeit by a smaller dose.  Its three-year rate dropped 16 points to 7.79%, its four-year rate was cut by 30 points to 8.20% and its five-year rate dropped by 10 points to 8.50%.

Whangarei: City of 100 opportunities

Jacqui Sorenson knew exactly what to look for when she bought an investment property in Whangarei earlier this year. That's because she's a property manager at Whangarei Real Estate (Just Rentals Northland) and knew what the city's tenants want. The $205,000 Raumanga property is a three-bedroom house with garage. It's fully fenced, insulated and had a heat pump fitted already. Allowing pets makes the property much easier to rent. She has just rented the Fairburn Road property at $300 per week, which More...