Property Management

New Zealand Rental Property Investing

Demand for investment property in New Zealand has never been greater and the signs are that with current immigration levels and many ex-pat kiwis returning home or purchasing from abroad, the demand will continue. With current annual yield of between 7-11% and capital gain as high as 13% for residential property many kiwis are switching from managed funds to property as their primary retirement vehicle.

Monday, November 17th 2003

Part of the demand has been due to urban population growth, particularly in Auckland, which is growing by 49 people a day, but also by the "coastal land grab" which has seen areas like Nelson/Blenheim, Queenstown and Northland achieve massive capital gains in the last five years. Many areas like Mt. Maunganui, the Coromandel and Paihia have also seen strong growth, more by kiwis looking for holiday homes than purely as investments.

A key point to remember is to use your home as equity to purchase rental property, rather than paying off your mortgage, then "trading up" to something better and renting out current your home. This allows you to claim maximum tax deductions on your rental property. This of course means you will have greater debt, but it is that debt that allows "gearing" - talk to your accountant, lawyer or financial advisor - if you don't have an accountant we can recommend someone to you.

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Wednesday, April 17th 2024

Rate cuts needed to lift mood

The enthusiasm that followed the change in government, mainly from property investors, has waned as homeowners and buyers hang out for interest rate cuts, says Kiwibank.

Monday, March 18th 2024

Support for regulation

REINZ has emphasised the need for property management regulation to Parliament’s Social Services and Community Committee.

Thursday, March 14th 2024

A better investment market

“Reinstatement of interest deductibility starting from the new tax year on 1 April brings property investors back in line with every other business in the country, where interest costs are a legitimate deductible expense," Tim Horsbrugh, New Zealand Property Investors Federation (NZPIF) executive committee member says.

Thursday, March 14th 2024

[OPINION] Recessionary times

It is not the best out there for many businesses and property sector people. Sales are down across the board, our clients’ confidence is falling, and there is a lot of uncertainty.

Heartland Bank - Online	6.69
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
TSB Special	7.24

Unity First Home Buyer special	6.45
Heartland Bank - Online	6.45
TSB Special	6.75
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

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
Kiwibank Special	6.55
BNZ - Classic	6.55
Co-operative Bank - Owner Occ	6.55
TSB Special	6.59
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