Bay of Plenty is an attractive area due to its climate, beaches, tourism and lakes. This makes it an option for investors to purchase properties in these areas to get good yields and potential for capital gains. Since 2003 rents have steadily increased in all five areas including Tauranga, Whakatane, Tokoroa, Rotorua and Taupo. We […]
The South Island is one area that nature is more important than the hustle and bustle of city life. Rural roads, quiet towns, amazing friendly people and the envy of many who travel here to see the beauty and quiet surroundings. These towns in the deep south still hold the true kiwi lifestyle that tourists […]
Airbnb has become a popular rental accommodation option for many around the world. It enables anyone with either a holiday home, existing house, a room or spare space to be rented out for the night or short-term. Airbnb has seen massive growth since it started in 2007 and is valued around $31billion according to […]
According to Trademe statistics rental prices are up across the county comparing September 2017 to September 2018. The only blip is Gisborne which has seen a massive 16.10% drop in rental price comparing September 2017 to September 2018. The South Island saw the biggest rises overall with the West Coast, Otago and Marlborough in the […]
Around and post the Global Financial Collapse (GFC) of 2008-09 the property market experienced a serious jolt globally resulting in a flat and in some parts a depreciating property market in terms of property values and rents. We have complied some data from various sources to show trends in rental values in regions […]
What’s happening in your area for rents. Overall rents in the regions according to Trademe Property Index have jumped by a massive 6.8% with a high of $395 per week. Hawke’s Bay and Northland reached a record $400 per week and Southland $275 per week. This is great news for regional landlords, however […]
We are having great success with our ever-growing portfolio at Inspire across NZ. Landlords are wanting more than ever from their property managers and they are finding it with us plus more. Clients are joining our company from a wide range of sources but mainly from being unhappy with other providers, not wanting to manage […]
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Have you asked what your tenant really wants or are you just saying “What they get is what they get, take it or leave it.” Believe it or not, tenants are a lot smarter and have more choice than what we actually believe. More and more tenants are asking for warmer dryer houses, […]
Rental prices haven’t seen much change. The national median weekly rent has remained unchanged at $450 for the tenth month in a row. Only up 2.3% since September 2016. This could be due to a number of reasons including the big election in October of this year, putting many landlords off upping their rents […]