The New Zealand Property investor magazine provides readers with information you can use to successfully invest in residential property. You can learn from the experts, read the stories of your fellow investors and keep up to date with the latest house prices and rental statistics.
SILVER BULLET … OR MISSED OPPORTUNITY? • At first glance the case to ease rules around building backyard “granny flats” appears a great way to boost housing stock, but is it really all it seems?
NZ Property Investor
BID TO OPEN FOREIGN INVESTMENT • Changes could be made to a bill amending the Overseas Act aimed at removing barriers to foreign investment in build-to-rent housing.
INVESTORS STILL BIDING THEIR TIME • Despite a slightly softer tone from the Reserve Bank, mortgaged investors are likely to play a watch and wait game, writes CoreLogic’s Kelvin Davidson.
THE UNEVEN DTI PLAYING FIELD • Average asking prices for property across the country reveal significant variations in income needed to buy under the new DTI rules, writes Sally Lindsay.
HOUSING ‘FLOOD’ COULD BE A TRICKLE • Big changes aimed at flooding the market with enough land to end the country's housing shortage could backfire, Sally Lindsay discovers.
BIG JUMP IN FEES • The cost of lodging resources at Auckland Council has rocketed, with some fees doubling in price.
PREDICTION FOR OCR CUT THIS MONTH • With the brightline test now back to two years, property investors are waiting for an interest rate cut and it could come as early as this month, the ASB says.
FILTHY HOUSE LEADS TO PAYOUT • A landlord who rented a filthy property after leaving no time between tenancies for cleaning has been ordered to pay $3,117.86 to the tenants, who never moved in, writes Sally Lindsay.
REGULAR CHECKS A MUST • Regular property inspections are important for a healthy rental and good relationship between landlord/property manager and tenant, Sally Lindsay writes.
i OUR EXPERT PANEL
BRIGHT-LINE NOT THE ONLY TAX RULE • Before any change in ownership occurs in relation to property you need to work carefully through the tax consequences, good and bad.
SALES CRASH, LISTINGS RISE • Property prices and sales crashed in June while listings rose, leaving a massive overhang of unsold properties on the market, writes Sally Lindsay.
WHAT’S DRIVING HOUSE PRICES?
THE TIDE IS TURNING • While the Reserve Bank is likely to want to see how the September quarter inflation numbers look, it’s set to use the November 27 cash rate review to start a loosening cycle, writes Kris Pedersen.
MISSION ACCOMPLISHED • Not many investors work in the most dangerous country in the world to get on the property ladder, but James Kirkland did just that. Now he’s keen to share his experience on the home front with Joanna Mathers.
FLATS WITH MORE THAN ONE CATCH • Plans to make it easier and cheaper to build dwellings up to 60m2 without resource consent might not be the windfall some investors envisage, writes Sally Lindsay.
MAKING THE MOST OF YOUR RENTAL • Investing in rental properties is a rewarding venture, but maintaining and enhancing these assets requires diligence and expertise.
IRONING OUT THOSE LAUNDRY PROBLEMS • Laundries are often the forgotten room, but whatever size the area you’re working with or creating, make it count, writes Alice and Caleb Pearson, of Pearson + Projects.
PICTURE-PERFECT SUCCESS • Joanna Mathers meets a photographer who honed her renovation skills to create a $200,000 profit in six weeks.
BACK TO THE FUTURE • Have an investment strategy and manage expectations. After all, property investment is not a get-rich-quick scheme, writes Stephen Tsang.
LET’S EMBRACE MODERN TECH • Learning new systems and looking forward to...