NZ Property Investor

Finbase, New Zealand's only real estateled, first mortgage lending firm, has five predictions for lenders and borrowers this year. 1 The OCR will drop: The lender says the OCR is likely to drop following the RBNZ's April review, as recent data subtly

A huge surge of new immigrants crossing the border into New Zealand will be the big property market story this year. Mounting migration means more demand and higher house prices, says Kiwibank chief economist Jarrod Kerr, who expects a shallow recess

The latest REINZ data shows while sales are off the lows of last year, they remain low. Similarly, prices have been effectively tracking sideways. Looking into the details of December's update, there are a little over 5,000 house sales each month. Wh

As the Reserve Bank gears up to start consulting on the level, possible exemptions and speed limits it will set for debt-to-income restrictions, CoreLogic chief property economist Kelvin Davidson says it's difficult to know whether they have worked o

The ASB says the overall household debt servicing costs have yet to peak. In an economic note, it anticipates the average debt servicing cost facing households will peak at about 6.2 per cent in the middle of this year, 340bps above 2021 lows. Compar

House prices peaked in January 2022 at a national average of $1.063 million, according to QV, and then began to fall. They plateaued in the middle of 2023 at around the $890,000 mark, a drop of about 17 per cent. Now, a gradual recovery is underway,

‘Iffy’ tenants are not for the faint-hearted. You're entrusting them with your valuable asset and there's the potential for skipped rent, drug use, dodgy visitors and terrified neighbours. But there is a flipside. People who've had hard lives are lik

Having a vision but the wrong people to deliver it can become a nightmare. Getting the right people involved will help a project run smoothly and to plan, take away concerns and may produce better outcomes than you had in mind. When purchasing and ow

Every time tenants decry their lack of agency, my faith in a more harmonious rental sector dies a little death. “We don't dare to complain to our landlords,” they say, “because we would be homeless the next day.” There probably is some truth in that

Older homes can hold secrets that are only discovered once you start stripping away the façade. In the case of Jeremy Lawson's Havelock North investment property, these secrets ended up costing close to $20,000. But never fear; this story has a happy

New Zealand is full of older housing stock that may not meet the new requirements for rentals. This can leave landlords in a tricky place, with costly renovations needed to bring the home up to standard. In these situations, renovating may not be the

Although Hawke's Bay is small, it's big in character. From the charming, unconventionally close towns of Napier and Hastings to high-end Havelock North, and the rows and rows of vineyards and fruit farms, Hawke's Bay has all the attractions. Napier i

Rental data is sourced from the Ministry of Business, Innovation and Employment based on rental bonds lodged. This data is supplied grouped into geographic areas based on statistical area units used by Statistics NZ for the census and as a result do

JOIN A PROPERTY INVESTOR ASSOCIATION FOR INDUSTRY UPDATES, NETWORKING AND COMMERCIALLY INDEPENDENT INFORMATION – A GREAT WAY TO PROTECT YOUR RENTAL PROPERTY INVESTMENT. ■

Networking and learning from others have always been listed in NZPIF surveys of members as one of the important benefits of becoming a member of a Property Investors’ Association. Check out the locations of the local Property Investors’ Associations

The key to any good Investment is Information. NZ Property Investor magazine, with the trusted data supplied by Corelogic would like to show you how you could use this data to optimise your next investment search. Then consider what the rent and valu

It's challenging to reflect on how far this industry has come since I started in property management nearly two decades ago. It was a very manual process-driven industry. The software we used only gave us rent payment updates every three days; inspec