Property Management

Buying and investment property

Investment advisers tell you never to put all your eggs in one basket. But there are many good reasons why a homeowner with a bit of spare cash would be wise to consider the residential property market over other forms of investment.

Sunday, May 25th 2003

Kieran Trass, a property analyst at Hybrid Property Consulting, prefers residential property investment over commercial property due to a bad experience in the late 1980s. While working in the finance industry, he saw many businesses downsize and move out "to operate from a post office box".

"Worse still, they were placed in receivership, meaning the lease they had in place on their premises became worthless to their landlord!" he says. "This saw many vacant commercial properties and bought financial hardship for many commercial property investors while they had to support a mortgage with no income from their vacant properties."

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Heartland Bank - Online 6.69
TSB Special 6.74
SBS FirstHome Combo 6.74
Wairarapa Building Society 6.95
Unity 6.99
Co-operative Bank - First Home Special 7.04
ICBC 7.05
China Construction Bank 7.09
BNZ - Classic 7.24
ASB Bank 7.24
ANZ Special 7.24
Unity First Home Buyer special 6.45
Heartland Bank - Online 6.45
TSB Special 6.49
Westpac Special 6.75
China Construction Bank 6.75
ASB Bank 6.75
ICBC 6.75
AIA - Go Home Loans 6.75
Kiwibank Special 6.79
Co-operative Bank - Owner Occ 6.79
ANZ Special 6.79
TSB Special 6.29
ASB Bank 6.39
Westpac Special 6.39
AIA - Go Home Loans 6.39
China Construction Bank 6.40
ICBC 6.49
SBS Bank Special 6.55
BNZ - Classic 6.55
Kiwibank Special 6.55
Co-operative Bank - Owner Occ 6.55
Kainga Ora 6.99
SBS FirstHome Combo 6.19
AIA - Back My Build 6.19
ANZ Blueprint to Build 7.39
Credit Union Auckland 7.70
ICBC 7.85
Heartland Bank - Online 7.99
Pepper Money Essential 8.29
Co-operative Bank - Owner Occ 8.40
Co-operative Bank - Standard 8.40
First Credit Union Standard 8.50
Kiwibank 8.50

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