auckland

Median Rent Increase Sub 4% 2 Years In A Row

Landlords with rental property in Auckland have shown their restraint over the past couple years according to Trade Me’s Rent Price Index. This is big news but don’t expect it to be broadcasted in mainstream media any time soon. Bad news not only travels fast, it also gets more reads, clicks and comments so why pay a Journalist to write a feel good story for our Landlords? Therefore you’re probably hearing this news from us first! Most landlords are not greedy and they’re not hiking up rents.

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Posted in Property Investment comments
insulation

Property Managers Help Manage Landlords Insulation Compliance

The countdown is on for landlords and their rental properties compliance with the Residential Tenancies Amendment Act 2016. Insulation is compulsory in all rental properties by 1 July 2019. Landlords have been working closely with their property managers over the past couple of year stating the condition of insulation in their properties on every new tenancy agreement and properties that are under-insulated will need a top up within the next couple of years.

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Posted in Property Investment comments
beware

Landlords Beware Of Insulation Rort

Compliance with the Residential Tenancies (Smoke Alarms and Insulation) Regulations 2016 required Landlords declare the state of the insulation in their rental properties and now the countdown is on to make sure their properties comply with the new insulation requirements by July 2019.

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Posted in Property Investment comments
lawnmower

Why You Can Be Confident Investing in Property

Investing in residential property in New Zealand can be a big winner and there’s less to worry about than you might believe especially when you focus on the right requirements to firstly get the property and then how to manage it so it’s adding value i.e. equity and cashflow as a rental property.

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Posted in Property Investment comments
patio

Maximising your outdoor living for year round use

Properties which are orientated to maximise sunlight are at the top of priority list for home buyers, according to NZGBC.co.nz. So investing in an attractive, liveable outdoor space, with good flow between indoors and outdoors, is money well spent. Not only will it make your home feel more expansive, but it will also pay dividends should you decide to sell.

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Posted in Renovations comments
map

Warkworth – Auckland’s newest satellite town

Formerly a long weekend getaway destination for Auckland City residents the town of Warkworth and surrounding communities – Matakana, Omaha, Snells Beach, are rapidly expanding into what will likely become Auckland’s next satellite town. Situated a mere 45 minute drive from downtown Auckland, the greater Warkworth region has been earmarked in the Auckland Council’s ten year plan as the area of greatest residential growth.

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Posted in Build comments
Auckland

An Auckland Apartment Is A Good Bet In 2017

Investing in Auckland apartments is a great way to get on the property ladder says a couple of property experts. Dave Windler of Mortgage Supply and long time apartment investor and mentor Grant Hoey agree there’s a lot more demand for Auckland apartments from first home buyers and it’s not just investors signing on for inner city apartments mentoring. Grant Hoey has provided his Auckland apartments mentoring service for over 10 years and says many of his clients are first-time buyers seeking support and guidance with the ever-growing apartment market.

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keys

Want To Manage Your Own Rental Property?

Firing your property manager is a Landlord’s right and many do it without a second thought. Landlords have the power to do it and for some there’s joy of taking the action with a sense of accomplishment i.e. increasing in cashflow by getting rid of the property management fee. However as we know good times don’t last and this is when property managers come into their own and landlords using them breathe a sigh of relief.

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Posted in property management comments
apartment

Auction Site For Renters

New Zealand will soon see the rise of a new auction site for renters. Just in on stuff.co.nz Rentberry has confirmed they will be launching here and in Australia. The online service offers renters the opportunity to bid for rental properties. Landlords set the ‘reserve’ or rent level they hope will generate lots of prospective tenants interest and then the bidding war takes off.

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Posted in Tenants comments
apartment

Investors Profit From Auckland Apartments

Auckland can not bring new apartments online fast enough. Demand for the smaller abode is coming from everywhere. Migrants, offshore buyers, empty nesters downsizing, first home buyers and property investors are all vying for new or newly renovated apartments. The older apartments however are ignored by these buyers and picked up by Grant Hoey’s investor clients whom have enjoyed a profitable 2016 renovating these apartments for on-sale and often achieving the end to end deal in as little as four weeks.

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Posted in Property Investment comments
PACIFICIA

March Madness Hits Cities – It’s A Full House

It’s a full house in Auckland and Wellington now the students have returned for the 2017 year. Traffic is heavy and patience is needed as we’re all tested in peak hour. On the home front development is soon to get underway on the huge 57 floor apartment tower call “The Pacifica”. It will have 295 Apartments many will be premium with a price tag to match.

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Posted in property management comments

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