Predicting future trends based on monthly percentage increases in property prices is for the foolhardy. However sighting the peaks and troughs in price movements over a longer time frame like a year or five years creates interesting debate. Trade Me’s Sales Price Index is therefore invaluable to property investors whom love to discuss ‘all things property’.
Our banks are in good shape and can withstand the Dairy and Housing woes according to a news item on interest.co.nz. The news item was referring to a Standard & Poor’s report on the banks ability to withstand the threats of these two markets. Continue reading
Housing demand in the Auckland region is getting worse and there’s no sign of it easing any time soon.
Building consents for the Auckland region dropped in September for the second month in a row. 13000 new homes are needed each year to cope with the increase in population however new building consents are falling far short. Continue reading
First Home Buyers are getting on the property ladder by purchasing a new home in a new property development. Purchasing a new build home is easier now for first home buyers and they are doing it with deposits as little as five percent. Continue reading
More high density housing is on the cards for Auckland. In particular, West Auckland is featuring under a plan for the super-city’s future signed off by the Auckland Council. Continue reading
There has been much talk in the media recently of a rise in house sales in Auckland, but what is really the state of play in the Auckland Property Market?
So here I am, at the end of my first four years of property investing, and my portfolio has now reached the $15 million mark. I’ve achieved the goals I set for myself and it’s now time to set some new ones. If I sat still, in eight years time my $15 million portfolio will be worth $30 million, and eight years after that it will be worth $60 million, simply because the value of property in Auckland doubles every eight years. Continue reading
As part of my Investment NZ portfolio I had recently decided to purchase an apartment off the plans and I was aware, of course, that other people had done the same thing. One of them called me close to settlement day to tell me he was looking to sell his apartment because he’d bought it when interest rates were 7.2% but as they were now 9.5% – he was having trouble financing it. Continue reading
Sometimes it’s not always possible to find a high yield property. But there is another way to create positive cashflow from a negatively geared property so that you come out a winner at the end of the day. Continue reading
It is said that the only thing that is constant is change, and PropertyTutors.com know the property market is no exception. The property market is cyclical, and it is important to learn how to invest wisely at each stage. Continue reading