According to the latest data from the Real Estate Institute of New Zealand (REINZ), the median house price for Auckland saw the first year-on-year increase in six months, with a rise of 1.4% to $852,000 in August. Bindi Norwell, CEO of the REINZ, commented “after six months of flat prices … Read more
The figures below include all sales by all agencies for the suburbs of Bucklands Beach, Eastern Beach, Half Moon Bay, Howick, Cockle Bay, Shelly Park, Highland Park, Farm Cove, Sunnyhills, Pakuranga, Edgewater, Botany Downs, Northpark, Dannemora, East Tamaki, Flat Bush, Whitford, Beachlands and Maraetai. We can provide you with a … Read more
By Alister Helm. It’s a fairly commonly-held belief that house prices double every 10 years. Is it correct? Can it be guaranteed? And is there fact to back up the assertion? In researching this question, I found that asking the question on Google “Do house prices double every 10 years” provides a pretty comprehensive … Read more
The Real Estate Institute of New Zealand (REINZ) released their July report last week. They reported that Auckland prices fell -0.1% year-on-year to $835,000 (down from $836,000) and the number of properties sold increased by 2.1% or an additional 35 properties, from 1,677 in July 2017 to 1,712 in July … Read more
The figures below include all sales by all agencies for the suburbs of Bucklands Beach, Eastern Beach, Half Moon Bay, Howick, Cockle Bay, Shelly Park, Highland Park, Farm Cove, Sunnyhills, Pakuranga, Edgewater, Botany Downs, Northpark, Dannemora, East Tamaki, Flat Bush, Whitford, Beachlands and Maraetai. We can provide you with a … Read more
According to Quotable Value Limited (QV) NZ’s property market will plateau for the rest of this year and into the next. In fact, Dunedin was the only main centre with any material growth in May, up 1.1 per cent, a whopping four times more than any other main centre. Nice … Read more
The Real Estate Institute of New Zealand (REINZ) today released their monthly report for June. REINZ CEO Bindy Norwell, commented that “the lack of housing supply continues to put pressure on prices in the majority of regions across New Zealand, with 12 out of 16 regions seeing a price increase since June last year.” However, Auckland’s median … Read more
On the KiwiBuild side, the fact that over 20,000 people have signed up to be in the ballot for one of the affordable houses if and when they eventually get built tells us only one clear thing. You cannot build your home ownership plans around securing a KiwiBuild property. Your … Read more
The figures below include all sales by all agencies for the suburbs of Bucklands Beach, Eastern Beach, Half Moon Bay, Howick, Cockle Bay, Shelly Park, Highland Park, Farm Cove, Sunnyhills, Pakuranga, Edgewater, Botany Downs, Northpark, Dannemora, East Tamaki, Flat Bush, Whitford, Beachlands and Maraetai. We can provide you with … Read more
Negative and Positive gearing explained. What does all of this mean? How do they differ and which is right for your investment property? Let’s find out. Positive Gearing When your total rental income is MORE than the cost of owning and managing the investment property (loan repayments, interest, maintenance, management … Read more