The Unconditional Blog

The impartial voice of the industry


Surge in spring listings, as average asking prices plateau

Posted on: November 3rd, 2015 | Filed in Featured, NZ Property Report

Property supply still indicates that New Zealand is a sellers’ market


AUCKLAND, 3 November 2015 – The traditional surge in new properties coming onto the market in spring is well evident this year. Coupled with this, average asking prices nationally have eased from record highs in recent months, according to data from, New Zealand’s largest website dedicated only to property.


“The number of new listings coming onto the market in October is up significantly on last month, as we have come to expect in spring,” says Brendon Skipper, CEO of

A total of 13,405 new properties were listed in October, 12% more than there were in September.

“It may well be that the supply of properties plays its part in the slight easing in asking prices we’re seeing,” says Skipper.


Prices plateau after record highs

After many months in which new record high average asking prices were recorded both in national terms and across many regions, these prices have levelled off in October. Nationally, the average asking price of $539,823 in pap_oct15October continues the downward trend from the record high of $568,215 in August. The average asking price went down in eight regions, including all the main urban centres. Price increases were recorded in seven other regions, while it remained static in four.

In all main urban centres, average asking prices dropped slightly from recent record highs. In Auckland, the average asking price dropped back to $832,713, after the record high of $851,531 in September. In Canterbury, the average price dropped to $467,403 after their record high of $476,818, also recorded in September. In Wellington, the average asking price dropped to $457,028 from $479,399 in August, while in Waikato the average asking price in October was $397,991, down from $403,640 in August.

Only two regions bucked the trend, reaching new record high levels in October. In Otago, a new record high average asking price of $321,188 was recorded , up from the previous high of $308,915 achieved in June 2015. In Northland, the new record high average asking price is $474,756, which is only marginally higher than the previous high of $474,738 achieved in June 2014.


Sellers’ market

“Our data shows that we still have a strong sellers’ market throughout the country,” says Skipper. “The inventory of properties for sale is lower than ever and it is a nationwide phenomenon, with the West Coast the only exception.”

lta-oct15Inventory is a measure of supply and demand that indicates how long it would take, in theory, for all the current properties on the market to be sold at the average rate of sales. The national average inventory in October was only 16.1 weeks, even lower than the record low of 16.3 weeks reached in September.

In three regions neighbouring Auckland, inventory is well down, in each case less than a third of that region’s long-term average: Waikato (12 weeks vs. 41 average), Bay of Plenty (12 weeks vs. 49 average) and the Coromandel (43 weeks vs. 171 average).

Another region with a wide discrepancy is Central Otago, which in October had 25 weeks of inventory compared to the long-term average of 83 weeks.

“The market pressure in Waikato, the Bay of Plenty and the Coromandel can probably be attributed to Aucklanders looking further afield for property,” says Skipper. “We have seen this generating a ripple effect in those regions, where residents of popular larger centres are looking to outlying areas.”


About offers buyers the shortest path to the perfect property. As the official website of the New Zealand real estate industry, is dedicated to property and has the country’s most comprehensive selection of real estate listings online. The site presents more than 97% of all residential, commercial and farm properties currently marketed by real estate professionals. Being focussed exclusively on people in need of property, offers superior functionality, including accurate search, school zone data and a mobile app.


TOP 10 COASTAL HOMES – October 2015

Posted on: October 29th, 2015 | Filed in Featured

It’s official: Summer starts next month and these incredible coastal homes could be just the place to spend it…



Magical Mangawhai

You’ll be lovin’ summer at this stylish, elevated coastal gem. Take in the stunning sea and estuary views, or take a dip in the heated swimming pool. Relax in the outdoor bath, or create a masterpiece in the large artist’s studio. Then, if you can draw yourself away, magnificent white sand beaches, a private boat ramp and spectacular walking tracks over the sand dunes are right on your doorstep. All this and more less than 75 minutes drive from central Auckland.



Buy the seaside

Where in the world would you rather be? Be mesmerized by Pacific Ocean views swimming with sea life, including whales, dolphins and orca. Live the dream on 2.9 acres, in an architectural vision that showcases endless ocean views. Private and spacious, this unique four bedroom home makes the most of it’s prime Bay of Islands location, in wonderful Whananaki.



Escape to paradise

Spend summer in this exquisite 1800sqm mansion on Waiheke Island, set on 34 acres with breathtaking views. This six bedroom, seven bathroom home has it all. The indoor pool has a drop down movie screen and surround sound. The six acre vineyard supplies a boutique winery. And the elegnat design and impeccable finish won this residence the Auckland Master Builder’s Home of the Year in 2012.



Choice kiwi lifestyle

Relax and enjoy kiwi living at it’s best in Parua Bay. Soak up the commanding 180 degree water views and incredible sunsets. Be serenaded by the resident Kereru and Tui who call the abudent native bush home. Invite friends to the separate self contained accommodation, and share the harvest from your green house, orchard, and mature gardens. Half an hour away from Whangarei, positioned on 4.1278 hectares with private beach access.

Quintessential Queenstown

Summer or winter, it’s hard to beat Queenstown. And this exceptional four bedroom home is undoubtedly one of the finest properties in town. Built to the highest standards, this place features innovative and efficient building methods. Spacious and full of light inside, two large decks are ideal for entertaining during the long summer months. And the panoramic views are literally remarkable.



Raumati Beach babe

Walk acoss your front lawn to the wide sandy beach, from this comfortable warmly inviting home. Glowing native timbers reconcile beautifully with contemporary features, style and an attention to detail.  Nautically inspired front doors swing open wide, inviting you and your guests into the double-height entrance atrium. And at the end of the day, you can watch the sunset over Kapiti Island from the in-built spa pool.



A top spot for summer

Set on the clifftop and facing north this stunning residence is just a short stroll from beautiful Waiake and Browns Bay beaches. A triumph of modern minimalist design, exceptional quality craftsmanship and sophisticated luxury. The living and dining areas flow seamlessly to wide multi tiered decks, an attractive swimming pool and native landscaping. Together with panoramic views over the Hauraki Gulf and beautiful Waiake and the Tor, the result is simply inspirational.



Omaha OMG!

Take 23 acres of productive vineyard, add a covenanted native plantation and views from every room for a home without equal. Spanning a total floor area of 1013 square metres, features include: indoor in-ground heated infinity salt water pool, spa pool, sauna, gymnasium, floodlit tennis court, and theatre with a wet bar. All four bedrooms are luxuriously sized with their own en-suite, it’s like living in an international five star hotel.



Golden Bay gold

Survey 180 degree views over Pohara Beach and Golden Bay from this architecturally designed, superbly appointed 425 square metre home. The basement houses a large double garage and vast workshop area. Generously proportioned living and dining areas, a high tech kitchen, two bedrooms with shared ensuite, a rumpus room and a hobby room are spread across the ground floor. While the upper level contains your master suite, an office plus another bedroom. And if that’s not enough for you, the section next door is available too.



Tan-tastic Taipa

Take a premium waterfront position in the heart of Doubtless Bay. Enjoy relaxed beachside living in this highly sought after location. Designed to soak up the sun and sea views, the well-maintained house opens out to a wrap around deck and a large easy-care section that blends into the beachside reserve.

Enjoy long summer evenings on the outdoor living areas include a covered alfesco dining area.


Moving House Checklist

Posted on: October 29th, 2015 | Filed in Featured

When you move house, the number of tasks you have to keep in mind can be daunting to say the least. We thought we’d try and simplify this process by creating an easy to use checklist, so you can keep on top of everything you need to do. The list counts down from 8 weeks until your moving day to keep you on the path to a stress free, or as stress free as it can be, move. There are also helpful hints, a moving day survival kit and even some apps that will help you move into your new home.
Moving House Checklist
Moving House Checklist by Terrys Fabrics.


“Safer, Warmer And Healthier Homes” – Changes To Regulations Affecting Landlords

Posted on: October 13th, 2015 | Filed in Featured, Renting

by Gemma Dale

Back in July, the Government announced changes to the law affecting landlords and tenants. Under new regulations, most landlords will be required to ensure that properties under their management meet certain standards, including effective insulation and the provision of smoke alarms. Theoretically, this legislation is good for both landlords and tenants – on the one hand, it ensures that tenants need not feel forced by market circumstances to live in poorly maintained, unsafe homes. On the other, it gives landlords the incentive to improve their properties, and makes said properties far more attractive rental prospects. However, these new regulations come at an interesting time for the letting market, and not everyone believes that the new regulations will have the impact that they should. In order to fully appreciate the potential consequences of these new laws, it is essential that they be viewed within their current context – particularly with reference to the now thriving rental black market.

The Legalities Of Renting

Those who rent legitimately, and declare their property interests to the government are naturally subject to rules and regulations – more so under the new laws. They are likely to have a degree of insurance protecting themselves, their business, their property, and their tenants. Furthermore, tenants who rent legally have recourse to legitimate avenues of dispute should they run into problems. Under the new laws, tenants will also be assured of a degree of warmth and safety within their homes as well – something any responsible landlord will usually provide as a matter of course. However, these safety measures and assurances must necessarily come at a price – which will usually be added on to the rent. In addition to this, in many areas of New Zealand (Auckland in particular), demand far exceeds supply when it comes to rental accommodation, meaning that landlords have a distinct advantage when it comes to pricing properties and choosing tenants. All too often, those in need of housing are finding that legitimately rented properties have a price tag which they consider extortionate, particularly when much-hated estate agent fees are thrown into the mix. Feeling exploited and priced out of the market, it is perhaps unsurprising that people are increasingly turning their backs on those who make it their legitimate business to rent out properties, and entering a growing ‘black market’ of sub-letting and surreptitious private tenancy.

The Rental Black Market

This ‘black market’ is not just flourishing in New Zealand – it’s doing a roaring trade all over the world. The internet facilitates the illegitimate business of those who sub-let spare rooms, and rent out properties on a private basis without registering with the appropriate governmental authorities. With ‘couchsurfing’ websites like AirBNB in the vanguard, more and more people are choosing to shun estate agents and legally registered landlords in order to take their chances with rooms and properties advertised on the internet. In part, this movement is facilitated by the popular perception of estate agents and professional landlords as money-grabbing and exploitative – an image not aided by the media. Many people feel that they would far rather take their chances with a private and illegitimate landlord with whom they can deal on a face-to-face and equable basis than a professional agency or landlord whom they perceive to be steeped in greed and liable to exploit them at every opportunity. This is an image which the real estate industry really must work upon if the rental black market is to be combated in any serious way.

Ethical Reform

Of course, the best way in which to change an image is to act in the way you would like to be perceived. The new regulations, it is hoped, may help in some way to challenge the rental black market by giving tenants assurances of safety which they will certainly lack with unregistered landlords. However, it also indicates a degree of ethical thought and moral conduct with which the real estate industry is not usually associated. While some are still concerned that the new regulations are little more than a sop to tenant demands, others have noted that it may provide a welcome change in the general mode of landlord-tenant relations. In social housing, the required improvements must be put in place before next July. All other properties must meet the new governmental regulations by July 2019. The overall impact that this will have upon the rental market  – both legitimate and illegitimate – but it is to be hoped that (assuming that landlords fulfil their obligations correctly) the situation as a whole will improve for everyone.

“Gemma (Dale) is a financier turned freelance writer. She is passionate about helping businesses succeed with clever and engaging copy that enlightens and informs the reader. In her limited spare time she also enjoys roller blading, quite often with her energetic spaniel in tow.”


Top 10 Lifestyle Properties – October 2015

Posted on: October 9th, 2015 | Filed in Featured, Uncategorized


Lifestyle a plenty

Where better to enjoy lifestyle living than the stunning Bay of Plenty. Enjoy some of the country’s best beaches for swimming, surfing, fishing and diving, then retreat to your contemporary elevated hill-top home.

Quality workmanship and materials make this property a stand-out. It blends beautifully with its environment and is full of special design features like the entertainer’s kitchen and wine cellar.

No expense has been spared in the design, construction and styling of this stunning rural residence.

Overlooking a home orchard that contains almost every variety of fruit imaginable it’s an absolute peach.



Luxury country estate

Settle in on the northern slopes of Clevedon and lap up panoramic rural views to Auckland City and Waiheke Island.

Surrounded by regional parks, the estate houses a luxurious 709m2 European villa style home. Exposed timber, marble and stone handcrafted by a Swiss cabinet maker, make this a truly unique lifestyle opportunity.

Originally a winery, facilities including full commercial kitchen, warehousing, offices, staff room, conference facilities and guest accommodation making the property ideal for weddings and functions.

Neighbouring grazing land, pine and exotic forest, here you can escape life in absolute style.



A gem on the sparkling Kaipara

Relax in this superb Manor house on 4.29ha amongst subtropical gardens and water features.

You ‘ll be greeted by high ceilings and half panelled Kauri walls, exuding old world charm, then make your way to the deck or courtyard for sweeping views of the picturesque rugged Kaipara countryside and magical sunsets.

This exceptional lifestyle property has 5-8 bedrooms, 2 dams, 11 paddocks, a large American barn.

Live in and enjoy or ponder the income potential. Currently run as a coastal retreat B&B with a spa, sauna and beauty salon.



A monastic retreat

Relax and find peace at ‘The Monastry’, a breath-taking, 107 year old relocated Villa perched elegantly on the banks of the Waikato River.

Extensive gardens and sweeping views immediately create a welcoming ambience.

You will love the traditional kitchen with timber joinery and freestanding fireplace and take great pleasure entertaining and relaxing in two gracious formal living rooms and formal dining spaces.

On 4.5527ha (11.25 acres) zoned in the Tamahere country living zone, investigate the potential that this property offers.

A tranquil and private sanctuary from the hectic world, yet close to Hamilton.




Exotic lifetsyle living

Take a fulltime holiday. Move in to this marvelous 525 sq metre masonry home influenced by the island of Bali.

Relax amongst absolutely stunning landscaping with a distinctive, exotic theme. Smartly positioned with a northerly aspect makes for perfect sunny country living.

The house appears as a series of linked pavilions, distinctly reminiscent of Balinese architecture. Inside, dark timber details and hand-plastered walls continue the theme; just an hour north of Auckand.

Sun yourself on the expansive outdoor terrace before cooling off in the 12 metre pool.  A double sided log fireplace opens both into the living area and to the outdoor entertaining area allowing for indoor or outdoor entertaining regardless of the season.

On five acres of contoured pasture with two pretty ponds and wide rural views, the property offers you both the privacy and the proximity to the city that Coatesville is renowned for.



Picture yourself here

 Look north to Mount Manganui and the ocean from this perfect lifestyle pad.

Enjoy expansive luxury living in a top location with interior design, chattels and manicured grounds that suitably match the superb quality of this home.

Not only does this property look the part, with many added extras, it’s also been thoughtfully considered to be practical and functional. So you can seriously relax.




Next level lifestyle

Take an executive position in this 330sqm 4 bedroom home. Meet by the pool, enjoy long lunches in the open plan living zones and park your fleet in the internal garaging for three vehicles.

Built in 2010 this well designed home with West Coast Schist features is set on 6.182 Ha. All the mod-cons you’d expect like double glazing and undrfloor heating are on the agenda.

This magical property is well fenced and all ready for the horses with stockyards, 20m x 40m Dressage Ring, Hayshed, plus a combined 320sqm workshop/stables and Horse Truck Shed. Tally ho!



Lake Hayes Homestead

Look out to Coronet Peak from the ultimate apres ski venue. Bridesdale Farm Homestead sits on a large block of land of approximately 1,852 sqm, with an established garden.

You’ll love the stacked schist stone walls, hardwood bridge beams and rimu window and door frames throughout. The kitchen and living areas feature southern beach flooring and the outside entertainment area is paved in stunning Glenorchy slate.

A massive main entertaining room will warm you with a large open fire – perfect for entertaining on those cold winter evenings.

For a quality family residence in a majestic part of the country look no further.



Canterbury Oasis

Step up to the superior quality of this 427sqm* architecturally designed residence. Surround yourself with the highest specifications on two levels of luxurious family living.

A large four bay barn (two bays lock-up) is ideal for vehicle storage or workshop for that project you’ve been planning.

With 4 hectares of land currently growing approximately 1400 hazelnut trees (whiteheart and pollinators) there’s great opportunity for a lifestyle business.

Extremely private, secure property located in one of the more sought-after lifestyle locations in Canterbury, you may have just cracked it here.



Live it up at Duxbury Downs

Take in 180 degree views incorporating Banks Peninsula, The Port Hills, Pegasus Bay, the Amberleys and Mt Grey from this sunny eleveated 4.439ha property.

Cruise up past the enclave of native trees to the home which sits in pride of place on top of the rise.

Make the most of the outstanding outdoor living at this property.  Enjoy family gatherings on the sheltered patio by the heated in-ground pool, complete with a delightful pool house.

This is a home with a heart, that could well steal yours.


Fewest homes for sale nationwide for at least eight years

Posted on: October 1st, 2015 | Filed in NZ Property Report, Uncategorized

Market demand continues to push up prices and fuel high turnover


AUCKLAND, 1 October 2015 – There are now fewer residential properties listed for sale nationwide than at any time since 2006, potentially longer, according to new data released by The largest New Zealand website dedicated only to property represents over 97% of all agent supplied property listings in the country – more than any other single resource. The data shows that in September there were only 30,988 properties for sale across New Zealand.

image005“Historically, the number of homes for sale tends to be fairly stable, following gradual, long-term trends,” says Brendon Skipper, CEO of “Given that the number of homes for sale when we started keeping records in January 2007 was nearly 43,000, we can safely assume that this is the fewest homes on the market in New Zealand for a much longer time, possibly a decade.”

Over the last eight years, the number of the homes for sale climbed steadily to a high point of 58,137 in April 2008. It remained consistently near 50,000 for another three years, before starting a slow, steady decline to the present level.

“We use a metric we call inventory, a measure of supply and demand that indicates how long it would take, in theory, for all the current properties on the market to be sold at the average rate of sales. In September, inventory nationally dropped to its lowest level since we’ve started keeping records,” says Skipper.

“We have only 16.3 weeks of inventory compared to the long-term average of 35 weeks. In our main centres, the situation is even more extreme. In Auckland, the inventory is only 9.6 weeks and in Wellington 11.1 weeks.”

The current inventory levels across all 19 regions of New Zealand are now below their respective long-term regional averages.

More new listings, but properties do not stay on market for long

“The fact that inventory is so low may seem surprising, given that we have seen an increase in listings in most regions compared to September last year, especially in Auckland, Waikato and Bay of Plenty. Significantly, these are the three regions with the lowest level of inventory in the country, along with Wellington. The simple truth is that these properties are now spending less time in the market, suggesting that market pressures will remain high while the current rate of turnover continues,” says Skipper. image007

“Low inventory such as this is usually associated with a sellers’ market and higher asking prices, as we have seen in recent months.”

While data for September reveals that the average asking prices in many regions have dropped since August, the longer term trend shows strong increases in asking price. Six regions in the country achieved their highest average asking price in September 2015, with a further seven reaching their record in August. The remaining six regions have all recorded their highest ever average asking price in the last six months.


About offers buyers the shortest path to the perfect property. As the official website of the New Zealand real estate industry, is dedicated to property and has the country’s most comprehensive selection of real estate listings online. The site presents more than 97% of all residential, commercial and farm properties currently marketed by real estate professionals. Being focussed exclusively on people in need of property, offers superior functionality, including accurate search, school zone data and a mobile app.


For media enquiries, please contact:

Rob Fitzgerald, Camino public relations                        Vanessa Taylor,

T: +64 27 501 7800                                                       T: +64 275 760 260

E:                                                   E:


2 ½ years of NZ houses

Posted on: September 13th, 2015 | Filed in Buying / Selling a home, Featured, Uncategorized

We wanted to see “What does a house look like?”, so looked at all the new listings across New Zealand between 1 Jan 2013 to 30 June 2015 and separated listings for house and town houses. 

We found some surprising changes and put them in the infographic below. Pretty interesting, eh?












Top 10 Do-Ups

Posted on: September 10th, 2015 | Filed in Uncategorized

(1)Take some cues from the current owners of this 6 bedroom home and add your own flair to this 911m2 site. Renovate this villa and enjoy one of the largest sites in Ponsonby.

Boasting detailing from a bygone era this home is simply screaming out for a much needed make over. Redefine indoor-outdoor flow the way you like, you have an opportunity to rewrite the rules for your own dream home. A huge oversized stud and magnificently wide hallway give a real sense of space as soon as you enter this colossal villa. The possibilities are endless.


(2)An incredibly rare opportunity to indulge your flair and create the home of your dreams in one of Epsom’s favourite Grammar Zone avenues. Original features like leadlight windows and handsome beamed ceilings in the lounge make for a character treat. From the broad entry porch to the welcoming entry hall, all the spaces feel enormous. Off the dining area, an enormous kitchen overlooks a sundrenched swimming pool. Fruit trees are overflowing all over the lawns. There’s a double garage and spacious utility room plus masses of parking. Ready and waiting, just add your vision.



Enjoy an easy stroll to Ponsonby from this big flat 455m2 property, elevated on the sunny side of the street. The existing four bedroom cottage has a large kitchen, one bathroom plus a little garden shed to the rear. It needs attention, but there are options for someone with vision. Potential to live in and do up. Potential to develop and gain from the appeal of the large flat section in a magnificent location. Potential to land bank and rent out. Utilise your creative flair here and you will be rewarded with amazing sunsets and a relaxed city lifestyle.



This unique property is finally up for sale! Opened in 1926 as the local Plunket and Ladies Rest Rooms its original art deco features will appeal to many. Situated on the Main Street of Pahiatua, it’s just a short walk to the shops. Commercially zoned (with required upgrades) this building could be set up as a retail business. Transform it into an incredible modern townhouse, a weekend retreat, or even an art gallery; let your imagination run wild. Don’t miss the opportunity to view the iconic Plunket Rooms.



This project is not for the fainthearted! 380m2 spread over 3 levels, this 1920s home is massive. The potential is fantastic, with many of the original features of the home intact; however the real prize is the view, expansive from the Harbour Bridge across to Rangitoto. Renovate the current house back to its former glory and you will end up with an amazing family home or perhaps even talk to the council about other redevelopment options and reap a reward for your hard work.




If you are innovative and have an inclination for an incline, 30 West End Rd presents a cool architectural challenge with a twist and ‘acres’ of upside. Work from home with the best studio potential in town while you plan your next step or simply buy and hold – 1853m2 of rare Herne Bay land could be worth it. Who knows what you could do with a kitchen like this – from retro chic to a total do-over. For that bold creative mind, an opportunity like this will have you artfully whipping up concept after concept.



Right in the heart of Beach Haven is a prime site stretched over 1000m2 which represents a golden opportunity for redevlopment, for investors and owner occupiers alike. Zoned for Mixed Housing Suburban under the new Unitary Plan, the property is ideally suited to subdivision into two generous sized land parcels both now and in the future. The 1960’s 3 bedroom weatherboard and clay tiled roof home currently on the site is prime for immediate renovation. With some cosmetic redecoration and a touch of inspiration this would make an excellent investment while future plans are considered.



Wonderful character features abound, this traditional family bungalow with bay lead light windows & character ceilings is completely original and ripe for renovation. Currently tenanted, this property is in the heart of a fantastic Grammar Zone location. Sitting on over 800 m2, it’s ripe and ready for someone to walk on in and restore it to its former character chic, or use the opportunity to start something completely new.



Devonport’s golden triangle has given up one of its treasures. Just when you thought you had seen the last of the good buys, say hello to a brand new beginning. Nestled away in a beautiful, quiet and leafy location, this perfectly formed 2 bedroom brick and tile home is in need of TLC. The location doesn’t get much better than this, an easy stroll to the waterfront cafes and the golden sands of Cheltenham Beach. Lived in and very well loved, time has taken its toll and cosmetic refurbishment is required to make the most of this stunning location. Don’t let this one go without a fight, it’s worth it.



All this needs is an enthusiastic owner with some renovation flair. I am what you see – 2 double bedrooms, small office, and a large front lounge plus large dining room off the kitchen. It’s your choice how you use all the space. The section will be easy to maintain, just 400 m2 with parking at the front and an old garage-workshop out in the sunny backyard. This is an estate sale so it must be sold – don’t delay – bring your rose tinted glasses and view today.




My Property

Posted on: September 2nd, 2015 | Filed in Uncategorized

My Property allows you to save searches and receive email alerts for new properties which match your criteria. You can easily keep track of individual properties and open homes you are interested in too. Login or signup to My Property from the links in the property finder bar or the top right corner of the site.

Saved Searches & Email Alerts

  1. Login to My Property and enter your search Criteria into the property finder as shown below.
  2. Select ‘Advanced Search’ to search multiple suburbs
  3. Click on find properties to display all the results that match your criteria
  4. Once the results have appeared, click on the option to ‘save this search and get updates’ as highlighted below.
  5. After clicking the link this will allow you to edit and name your saved searches. Email alerts for your search will be sent daily, but you can change that to weekly, fortnightly or even monthly. You can also disable the email alerts if you wish.

Saved Homes & Open Home Planner

  1. You can save individual listings to My Property by clicking on the star-shaped icon in the search results or on the ‘Save’ button on the individual listing page.myproperty_3
  2. If there are any open homes associated with the property you will find them in the individual listing page and you can save them to your open home time planner.myproperty_4




View your saved searches, saved homes and open homes at any time from the My Property tab



Boom Expected in New Zealand’s Commercial Property Market Due to Chinese Investment

Posted on: September 1st, 2015 | Filed in Commercial, Featured, International, Market News

The commercial property market in New Zealand has long been buoyant, but a huge boom is expected in the industry due to lucrative new investment from the Chinese market.  But why is this boom expected now? And what impact will it have on our already successful real estate markets?

A Release of Chinese Equity

The second phase of the Qualified Domestic Individual Investor (QDII2) programme implemented by the Chinese Government will come into effect this month. This programme removes certain restrictions that were placed on Chinese citizens and businesses from purchasing and investing in property overseas. As a result of this, it is expected that savvy Chinese individuals and businesses drawn to New Zealand will pour an incredible US$10.9 billion into the New Zealand commercial and residential real estate markets. Whilst this figure seems huge it is based on the wealthy Chinese individuals set to benefit from this programme investing just 10 per cent of their assets into international commercial and residential property. Whilst this 10 per cent investment will be shared across several countries, this forecast is based on New Zealand attracting approximately 3.3 per cent of that property-specific investment, as it has in the past when similar percentages of the Chinese affluent have chosen to invest in property abroad.

The Importance of Being Welcoming

With such potentially lucrative property investments set to be made in the country, those working with the commercial property and real estate sectors are being cautioned on the importance of being welcoming to potential Chinese investors. This welcome should be implemented on both the small and the large scale: from employing realtors who are able to communicate in Chinese, to lobbying government to make the country more appealing to Chinese investors. It has been recommended by experts in the field that, to ensure that US$10.9 billion floods into the New Zealand economy rather than being diverted and invested elsewhere, the government and big business should look to make relevant improvements to the national education system as well as increasing the number of direct flights to China available from many of the country’s most investible major cities. Other companies and business types related to the property market, such as those offering the protection of home insurance or lawyers specialising in commercial and residential property law may well also be wise to adapt their business models and practices to appeal to the impending influx of expected Chinese buyers and investors.

 It is important to remember that whilst this huge number of Chinese investment dollars is expected make its way into our economy, competition amongst other investible countries to secure the money freed up by the latest stage of the Qualified Domestic Individual Investor (QDII2) programme is fierce. New Zealand certainly isn’t the only country in the world whose economy could benefit from  a huge cash injection: but it is more than simply the revenue this investment will bring that is important. This will create new jobs, new construction, and as commercial, industrial, retail and residential properties are all forecast to be targeted by this new investment it will have massive and positive effects across all areas of the New Zealand property market.

The Other Side of The Coin

Not everyone is happy about this potentially huge influx of Chinese investment. Other commentators have suggested that New Zealand’s infrastructure simply isn’t set up for such huge property focus and development, nor is it in a position to change that in the immediate future. There is also concern about the impact that such a huge amount of property purchases from overseas investors will have on a property market that is already overstretched in some areas, and how this will impact New Zealand citizens and existing residents that are looking to find properties of their own. Both of these concerns are valid, but they are also concerns that can be overcome.                                            

What is clear is that this new Chinese investment is coming to New Zealand, and by being prepared for their arrival, now is the ideal time for commercial and residential property developers and realtors to benefit significantly from this influx. 

Page 1 of 8912345...102030...Last »