August 2024

NZ Property Investor

The New Zealand Property investor magazine provides readers with information you can use to successfully invest in residential property

NZ Property Investor2 min read
Silver Bullet … Or Missed Opportunity?
The release of an MBIE discussion document around New Zealand First’s “granny flat” proposal has caused a bit of a stir. The document puts forward the case for changes to the Building and Resource Management acts, which would allow granny flats to be
NZ Property Investor1 min read
NZ Property Investor
EDITOR Joanna Mathers E joanna@propertyinvestor.co.nz ART DIRECTOR Sally Fullam E sally@propertyinvestor.co.nz ACCOUNT MANAGER/ADVERTISING SALES Stephanie Bryant M +64211658018 E stephanie@propertyinvestor.co.nz WRITER Sally Lindsay SUB-EDITOR Mike D
NZ Property Investor1 min read
Bid To Open Foreign Investment
Submissions recently closed on the bill which could create a new streamlined test allowing foreign investors to buy existing large rental development. Under the bill, large-scale rental developments, will have to have at least 20 dwellings. The Prope
NZ Property Investor2 min read
Investors Still Biding Their Time
The CoreLogic Buyer Classification figures for June were “more of the same”, with most buyer groups holding their percentage market share of property purchases at steady levels. The big news in the past few weeks has been a slightly softer tone from
NZ Property Investor2 min read
The Uneven Dti Playing Field
The big question for many people is how the new DTI restrictions will affect them. The new DTI ratios will eventually change the game for owner-occupier buyers, capping borrowing at six times household income to curb excessive debt and enhance financ
NZ Property Investor4 min read
Housing ‘Flood’ Could Be A Trickle
A raft of government changes will set house zoning targets for councils; abolish urbanrural limits; scrap minimum floor sizes and balcony requirements for apartments; encourage mixed use zoning and more tightly define high density transport corridors
NZ Property Investor1 min read
Big Jump In Fees
Activities such as a deemed boundary activity are increasing 100 per cent, from $500 to $1000. Other large increases include land use consent applications residential, up 63 per cent, subdivision consent, up 25 per cent, and bundle applications, up 2
NZ Property Investor2 min read
Prediction For Ocr Cut This Month
If key data, particularly the August 7 labour data and various inflation expectation measures are weak enough, then an RBNZ official cash rate cut could be on the cards. ASB chief economist Nick Tuffley says that every RBNZ meeting from now on will b
NZ Property Investor4 min read
Filthy House Leads To Payout
The property manager said the premises were let without any time between tenancies because the owner/landlord did not want to lose rent. But Tenancy Tribunal Adjudicator W Lang said it was generally unreasonable for a landlord to arrange for a tenanc
NZ Property Investor3 min read
Regular Checks A Must
Inspections help landlords/property managers check everything’s working well, there’s no damage, and tenants are keeping things reasonably clean and tidy. Tenancy Services says it’s also important to note that some insurance providers require the lan
NZ Property Investor1 min read
i OUR EXPERT PANEL
Matthew Gilligan is a property investor, developer and tax adviser. He is managing director of chartered accounting firm Gilligan Rowe & Associates, where he heads the specialist property and asset planning divisions. Kris Pedersen of Kris Pedersen M
NZ Property Investor5 min read
Bright-line Not The Only Tax Rule
Q Is it worth looking into setting up a company and potentially selling two investment properties ($901,000 total debt) valued at $1.1 million to the company and then put money to pay owner-occupier debt from the sale, to take advantage of interest d
NZ Property Investor5 min read
Sales Crash, Listings Rise
The latest REINZ data shows sales dropped 25.6 per cent year-on-year, from 5,854 to 4,356 - the lowest for a June month since the Global Financial Crisis in 2008 - and down a third on May. The drop in sales was across the entire country with the exce
NZ Property Investor3 min readFinance & Money Management
What’s Driving House Prices?
HOUSE PRICES: DOWN REINZ data shows the national median price for June declined 1.3 per cent year-on-year, from $780,000 to $770,000. Six of the 16 regions REINZ monitors increased year-on-year. Taranaki and Gisborne stood out, with Taranaki’s median
NZ Property Investor2 min read
The Tide Is Turning
The Reserve Bank’s tone has suddenly changed from the May official cash rate (OCR) review where they were jawboning the market by suggesting there wouldn’t be any respite on rate cuts until well into 2025. Now, in the bank’s most recent review on Jul
NZ Property Investor4 min readFinance & Money Management
Mission Accomplished
In 2010, James Kirkland was deployed to one of the world’s most dangerous and politically volatile countries, Afghanistan. Working as a mechanic with the New Zealand Defence Force, he kept his head down, worked hard and saved. These savings fuelled t
NZ Property Investor7 min read
Flats With More Than One Catch
A discussion document released by the Ministry of Business, Innovation & Employment (MBIE) has put forward a proposal that will allow “granny flats” - small self-contained and detached houses - to be built on properties that already have an existing
NZ Property Investor3 min read
Making The Most Of Your Rental
At Tommy’s Property Management we understand the importance of property upkeep and the positive impact it has on rental returns and property value. In this article, the first in a three-part series, we’ll highlight two recent projects and stress the
NZ Property Investor3 min read
Ironing Out Those Laundry Problems
The laundry is often overlooked when it comes to renovations. Not often photographed and promoted as a focus for a rental or property listing, it’s based on its size and use … it’s a workhorse space. It’s an underrated room that you don’t fully appre
NZ Property Investor3 min read
Picture-perfect Success
Marketing is a fine art. Property investor and photographer Amanda Williamson understands its power, how it can fuel demand and create value. She’s used her marketing skills to sell the homes she’s renovated (six in the past year) and is developing a
NZ Property Investor2 min read
Back To The Future
Who would have thought lending rates would start to drop despite an unchanged OCR. It certainly came much sooner than most experts expected and at a seemingly accelerated pace. So, it’s an opportune time now to dive back into the property market. Let
NZ Property Investor2 min read
Let’s Embrace Modern Tech
The world is quickly advancing with new technologies, yet the construction industry lags behind in many areas. This industry needs to embrace new technology such as Al and adapt to digitalisation of processes and management to keep up with the comple
NZ Property Investor3 min read
Mastering Due Diligence With AI
Although the real estate sector has been relatively slow to adopt this transformative technology, GenAI holds the potential to streamline and enhance various aspects of it - including the legal due diligence process of a property transaction. As prop
NZ Property Investor3 min read
The Key To Any Subdivision
People in the property industry tend to apply their areas of expertise to their own investment strategies. And Abe, 29, who deals with subdivisions, is a good example and has a sharp eye for spotting a deal. He found a property in Alexandra, Central
NZ Property Investor6 min read
Opportunities Abound For Savvy Buyers
Manawatu is famous for its effortless blend of city and rural living; from peaceful rural villages to bustling townships, or city life. It includes the charming towns of Feilding, Kimbolton, Āpiti, Himatangi Beach, Linton and Ashhurst. And at the cen
NZ Property Investor3 min read
Time To Step Up The Game
Aloud voice in the politics of rental housing is what members of property investor associations around the country expect from the New Zealand Property Investors’ Federation, their umbrella organisation. Speaking to politicians and government departm
NZ Property Investor3 min readCrime & Violence
Time For A Tribunal Rethink
The need for real change in the Tenancy Tribunal has never been clearer. Recent data from the tribunal has revealed applications by landlords on all matters is now at the highest level in four years. In Q1 2024, landlords made 6,315 applications, up
NZ Property Investor2 min read
Nzpif - Around The Regions
NEXT MEETING: Go to www.apia.org.nz/events for details on upcoming meetings. APIA hosts 100 events and presentations for its members each year. NEXT MEETING: Wednesday, August 14, 7.30pm - 9pm, Waikato Commerce Club, 197 Collingwood Street, Hamilton
NZ Property Investor2 min read
RENTAL & SALES STATISTICS AUGUST 2024
The key to any good Investment is Information. NZ Property Investor magazine, with the trusted data supplied by Corelogic would like to show you how you could use this data to optimise your next investment search. Then consider what the rent and valu
NZ Property Investor3 min read
Let’s Drop Rent Arrears From Tribunal
The Tenancy Tribunal is crucial in resolving disputes between landlords and tenants under the Residential Tenancies Act. However, a significant portion of its workload involves rent arrears cases, which do not always require the nuanced adjudication

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