Property News

House price boom: 10 suburbs buyers should target now

New Zealand house prices will rise by up to 7 per cent in 2020, according to economists at one of New Zealand’s major banks, so which suburbs should savvy buyers target now before prices soar? Westpac predicted this week that the cancellation of capital gains tax combined with tumbling mortgage rates would push prices higher […]

Stats show now’s the best time to be first home buyer in Auckland!

New figures from OneRoof and its data partner Valocity show just how much first home buyers in Auckland are benefiting from a marked lack of competition from investors and existing homeowners on the move. First home buyers are filling the gap, with their share of new mortgage registrations this quarter hitting 30.5 percent – a […]

Auckland’s biggest house sales – what they went for

Waterfront helps, cliff top is even better. When it comes to New Zealand’s top selling homes, the big bucks are in the best views. Since November last year, the five most expensive homes in the country’s biggest property market raked in more than $65 million, the latest OneRoof and Valocity figures show. Auckland’s top sale […]

Agent sale vs private sale: Which gets the better deal?

  Home-owners who use a real estate agent to sell their home can expect to get 10 percent more for the property than they would by selling it privately, new research shows. Analysis of agent and private sales by the Real Estate Institute of New Zealand and shows there has been a huge decrease […]

Why home staging is the secret weapon you need to sell your home

Home staging can maximise the price and minimise the time your home is on the market. Here’s everything you need to know about why home staging has become such a popular real estate strategy Home staging Most home buyers will spend hours cruising property listings on the internet before they even set foot in an […]

When you want to live in a Remuera house but not pay Remuera prices

Onehunga’s strategic location between the historic portages of the Waitematā via the Whau River on one border, the Manukau via the Tāmaki River in the other, but has finally shed it’s old mantle as a working port between the industrial hub and Māngere’s infamous sewage ponds. Clean up of the ponds by Watercare and the […]

The truth behind that ‘dramatic drop’ in home-ownership

For years we’ve been talking about the dramatic drop in Kiwi home ownership rates. The problem is — it isn’t true. We boast that New Zealand once led the world in home-ownership, but New Zealand never had the world’s highest rate of home ownership — nor anything even approaching it. The story the numbers do […]

How to pay off your mortgage in record time

Kiwis can and do choose to pay their mortgages off quickly. For some families, the strategy includes starting with a more modest house in a lower-priced part of town, and avoiding the temptation to keep trading up, renovating or extending the home. Empty nesters willing to downsize to something more modest as their children leave, […]

What do apartment buyers value more – stunning view or good neighbours?

Auckland apartment-buyers are more concerned about what their neighbours will be like than stunning views, new research has found. A survey by Auckland Body Corporate found that compatibility with other apartment owners was the biggest influencing factor when it came to buying an apartment. Also rating highly were security and access to shops, cafes and […]

Auckland house prices: Will they follow Sydney off the cliff edge?

Belief in an Auckland housing market crash is a bit like belief in the existence of the Loch Ness Monster. Despite no objective evidence that Nessie actually exists, there are still many thousands of people who want the myth to be true. The same phenomenon is at play with the Auckland housing market. Despite no […]