Cool Change In AKL Property Price Increases

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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’.
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Auckland Fastest Growing in Asia-Pacific

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While other regions experience stagnant growth Asia-Pacific continues at a rate of 5.5 percent. New Zealand’s economy is one of the fastest growing in the Asia-Pacific regions at a rate of 3 percent and Auckland is it’s powerhouse economic hub. Auckland ranks highly as a new world city and it’s attracting migrants and global investors whom especially like to invest in real estate. Continue reading

Auckland Housing Demand Grows

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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

Good Yields Achieved – Leasehold Apartments

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The Auckland property market for property investors is now more so than ever before all about achieving high capital gains. The huge rise in property values in the region over the last year has eroded good yields where one to three percent is now the norm. Continue reading

What Is A Building Inspection?

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A building inspection is a comprehensive though non-invasive report of the condition of a property highlighting visual defects an owner or potential property buyer may wish to remedy. It does not report on anything hidden behind cladding only what’s visible to the naked eye therefore leaks for example may not always be detectable. Continue reading