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Gisborne offers highest returns for rental property investment in New Zealand*

Posted on: February 10th, 2016 | Filed in Featured, Property Investing, Property Pulse - Regional Market Report

(* excludes Coromandel – skewed by short-term holiday rentals)

Table: ROI for rental properties by region – January 2016

rental_roi_jan16

Gisborne, followed by Otago and Manawatu/Wanganui were the best performing regions for residential rental property investment in January, according to an analysis of data by Realestate.co.nz, New Zealand’s largest website dedicated to property. The analysis looked at every region in the country to identify which offered the highest returns for would-be landlord investors.

Gisborne returned an impressive average of 5.78% on residential rental property investment in January, based on an average asking price of $258,515. Otago returned 5.54%, and Manawatu/Wanganui returned 5.12%. The national average for rental property returns for the month was 4.10%.

Brendon Skipper, CEO, Realestate.co.nz says “The results will surprise some people. There are clearly some very attractive rental property investment opportunities in some parts of New Zealand that don’t ordinarily attract intense national media interest when it comes to property – based on our calculation of average asking price vs weekly rental price, excluding all external costs.”

“While data shows the best performing region for rental property is Coromandel, we believe its unusually high average return of 9.88% is skewed by short-term holiday rental properties. Of greater interest for potential investors are the significant rental opportunities that exist in quite diverse parts of the country, in particular Gisborne, Otago, and Manawatu/Wanganui,” says Skipper.

The rental property ROI data was calculated by comparing the average asking price of properties for sale by region across New Zealand in January 2016 with the average annualised rent in each location. The data assumes 100% rental occupancy, and does not account for inflation, mortgage interest payments, property management or maintenance upkeep fees.

 

About Realestate.co.nz

Realestate.co.nz offers buyers the shortest path to the perfect property. As the official website of the New Zealand real estate industry, Realestate.co.nz 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 rural properties currently marketed by real estate professionals. Focussed exclusively on people in need of property, Realestate.co.nz offers superior functionality, including accurate search, school zone data and a mobile app.

 

 

For media enquiries, please contact:

Rob Fitzgerald, Camino public relations                                 Brendon Skipper, Realestate.co.nz

M: 027 501 7800                                                                     M: 021 542 607

E: robf@camino.co.nz                                                             E: brendon@realestate.co.nz

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5 Pro Tips for Home Buyers

Posted on: January 11th, 2016 | Filed in Buying / Selling a home, Featured

Whether you are a first-time buyer or an old hand, Stephen Hart of Hometopia.co.nz has some tips that will stand you in good stead during your house hunt.

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  • Don’t even think you are in the market until you have a pre-approved home loan in place
  • This is a highly competitive market. When you see the right opportunity you need to be able to act fast.

2 Become a local expert

  • Don’t search too wide, pick three or four neighbouring suburbs and make it your mission to become expert in the local property market
  • Go to LOTS of open homes. Get to know the local agents and follow up on what various homes sold for
  • You will soon be able to walk into an open home and make a surprisingly accurate assessment of its likely value.

3 How easy will it be to sell?

  • Even as you are walking into an open home you should be thinking about selling it, because one day you will be
  • Is there anything special about it? A view, a cul-de-sac, close to a kindergarten, great local schools, access to beaches, etc?
  • If a home is just like all the others it becomes a commodity and the only way you will sell it quickly is by selling it cheaper than the others.

4. Think like an investor

  • Your priority may be on lifestyle issues and on finding the perfect place for your family, but your home is a critical investment
  • You should be doing everything possible to buy it at the best possible price and achieve the best possible capital appreciation
  • Negotiate hard and be ambitious about future capital gains.

6 Be philosophical

  • Try not to fall hopelessly in love with a home before it becomes yours, it just makes the disappointments harder to take
  • You may bid at multiple auctions, only to lose out to higher bidders paying well above the market price – don’t beat yourself up
  • Remember, there is always another home around the corner.

 

Stephen Hart runs Hometopia.co.nz – the free online resource centre for home buyers and sellers, and Auckland HomeFinders.

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Central Otago becomes second region to break $800,000 barrier in average asking price

Posted on: December 31st, 2015 | Filed in Featured, NZ Property Report

National average asking price falls in December, Auckland and Wellington level off

 

AUCKLAND, 1 January 2016 – Central Otago joins Auckland as one of only two regions in the country where average asking prices of homes for sale now exceed $800,000, according to data from Realestate.co.nz, New Zealand’s largest website dedicated only to property. pap_dec2015

Vanessa Taylor, Spokesperson for Realestate.co.nz, says “in Central Otago, the average asking price in December broke the $800,000 mark for the first time, setting a new record of $824,394. The previous record in Central Otago was $782,684, set in July 2014.”

The Waikato also experienced a new record high in average asking price in December of $414,596, up slightly on November’s high of $413,067.

“However Central Otago and Waikato were the only regions that bucked the national trend,” says Vanessa Taylor.

The national average asking price in December was $522,930, continuing a downward trend from the record high set four months ago in August 2015 of $568,215.

Average asking prices in Auckland and Wellington levelled off, but continued to remain near record-high levels. In Auckland, the average asking price was $848,195, marginally below the record set in September of $851,531. The average asking price in Wellington was $475,422, just below the August 2015 record of $479,399.

Meanwhile in Canterbury, the average asking price in December fell slightly to $450,740, a 5.5% drop on the record of $476,818 set in September 2015.

npl_dec2015The total number of new listings across the country in December was 8,011, down 3.3% compared to the same month a year ago. Auckland and Canterbury both had 6.6% fewer listings in December 2015 compared to December 2014, while Wellington experienced a more significant drop of 24.5%.

“National inventory continues to remain near record low levels. For December, National inventory was 16.4 weeks, close to the all-time low of 16.1 weeks set in October 2015,” says Vanessa Taylor.

iol_dec2015Inventory is a measure of the national supply of homes for sale, expressed as the number of weeks it would take for all currently listed properties to sell at average rates, should no new properties get listed. The long-term national average is 34 weeks.

About Realestate.co.nz

Realestate.co.nz offers buyers the shortest path to the perfect property. As the official website of the New Zealand real estate industry, Realestate.co.nz 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 rural properties currently marketed by real estate professionals. Focussed exclusively on people in need of property, Realestate.co.nz offers superior functionality, including accurate search, school zone data and a mobile app.

 

Glossary of terms

Realestate.co.nz provides valuable property market data not available from other sources.

  • Average asking price gives an indication of current market sentiment. Statistically, asking prices tend to correlate closely with the sales prices recorded in future months when those properties are sold. As it looks at different data, average asking prices may differ from recorded sales data released at the same time.
  • Inventory is a measure of how long it would take, theoretically, to sell the current stock at current average rates of sale if no new properties were to be listed for sale. It provides a measure of the rate of turnover in the market.
  • New listings is a record of all the new listings on Realestate.co.nz for the relevant calendar month. As we reflect 97% of all properties listed through registered estate agents in New Zealand, this gives a representative view of the market.
  • Seasonal adjustment is a method we use to better represent the core underlying trend of the property market in New Zealand. This is done using methodology from the New Zealand Institute of Economic Research.
  • Truncated mean is the method we use to provide statistically relevant asking prices. The top and bottom 10% of listings in each area are removed before the average is calculated, to prevent exceptional listings from providing false impressions. Read more here.

For media enquiries, please contact:

Nicholas O’Flaherty, Camino public relations              Vanessa Taylor, Realestate.co.nz

T: +64 21 303 181                                                       T: +64 27 576 0260

E: nicholaso@camino.co.nz                                       E: vanessa@realestate.co.nz

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Buying Old or Buying New – 5 Key Considerations

Posted on: December 17th, 2015 | Filed in Buying / Selling a home, Featured, Home features

Love the idea of an original weatherboard character home, or maybe you prefer something brand spanking new. Well, before you plump for that ultra-modern pad, or start hunting for antique chandeliers for your ornate villa, Stephen Hart from Hometopia.co.nz considers some facts.

  1. Layout 

New homes are built with today’s lifestyles in mind and are generally easier to live in. They are built with more bathrooms and kitchens are often integrated into living areas. Don’t expect an older house to be set up to effortlessly accommodate your media room. And yes, your 90-inch flat-screen television will look ridiculous hanging in the oak-panelled library. Flow was something else far from the minds of most Victorian architects, so celebrate the idea of corridors and cubby-holes, or rule out character homes.

  1. Location 

Historic or older houses will often be located in the more established city suburbs while most newer properties will be in recently developed areas further from the CBD. There are two plus points for the old home buyer. First, you know exactly what you are buying into when you move to an Epsom Fendalton or Eastbourne. Who knows what some of the new developer-created suburbs will eventually turn out like? Second, commuting to the city is easier from the old money suburbs. This is good for your sanity and will be good for your bank balance when you sell.

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  1. Charm and personality 

Older homes often have a character and individuality that simply cannot be found in new homes. If an older home looks good now it will look good in another 20 years. That stainless steel and black glass exterior may look spectacular now but what will it age like? Is the design merely fashionable, or will it stand the test of time?

  1. Gardens and landscaping 

Mature trees and established lawns add to the appeal of older homes. With new homes on a subdivision the buyer needs to have imagination to visualise how that scrappy vegetation between the bulldozers might one day develop into a lush tropical landscape. Or will it? Landscaping is expensive and some developers may be tempted to skimp on the orchid count.

  1. Maintenance 

It’s funny how the charm and personality of your original villa can quickly evaporate when you are presented with cost of replacing the rotten floorboards that have just given way under your Victorian claw-foot bathtub. Get used to the fact that old homes require maintenance – some of it suddenly and in a big way – and if you are no handyman, that means expense. Make sure you factor maintenance and renovation costs into your purchase price budget when buying an older property. At least with a new home you get a warranty to cover any major problems while the house settles into its foundations.

Stephen Hart runs Hometopia.co.nz – the free online resource centre for home buyers and sellers, and Auckland HomeFinders.

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Waikato, Bay of Plenty and Coromandel reach record average asking prices in November, bucking national trend

Posted on: December 1st, 2015 | Filed in Featured, NZ Property Report

Average asking price for Auckland apartments surges by 31.5%  in 12 months to new record high of $660,000

 

AUCKLAND, 1 December 2015 – The Waikato, Bay of Plenty and Coromandel regions reached record high average asking prices in November, according to data from Realestate.co.nz, New Zealand’s largest website dedicated only to property. The national average asking price of homes for sale continues to plateau, remaining just below record highs achieved three months ago.

In Waikato, the average asking price in November was $413,067 (up from $403,640 in August). In Bay of Plenty, the new record is $487,025 (up from $481,730 in October) and in the Coromandel the new high is $554,303 (up from $539,597 in September). PAP_Nov15

“It is significant that the areas where asking prices are at record highs are all within striking distance of Auckland,” says Brendon Skipper, CEO of Realestate.co.nz. “There have been strong indications over recent months that Aucklanders are house hunting further afield, which is helping to raise the expectations of sellers in these neighbouring regions.”

The national average asking price in November was $547,515, which is 1.4% up from October, but still slightly down from the national record of $568,215 in August. In Auckland, the average asking price of $849,882 was marginally lower than the record of $851,531 in September. In both Wellington and Canterbury, the average asking prices for November were within $10,000 of the record highs achieved in August and September respectively.

Auckland apartment asking prices surge

The average asking price for Auckland apartments in November reached a new record high of $660,001. This represents an increase of 31.5% compared to November 2014, when the average asking price for apartments in Auckland breached $500,000 for the first time. The increase in the asking price for apartments (31.5%) is almost twice as much as the increase in asking price for Auckland houses (16.8%) over the same period,

“We’ve seen the asking price of apartments in Auckland increase strongly and steadily over the last 24 months,” says Brendon Skipper. “This has driven the national average, which has now breached the $600,000 mark for the first time, only eight months after the national average asking price for apartments first broke the $500,000 barrier in March.”

Auckland dominates the market for apartments nationally, accounting for 71.9% of all national apartment listings.

New listings down on November last year

New listings nationally show a 5.6% reduction from the same month last year. Auckland had 7.0% fewer listings this November compared to November 2014, Wellington had 16.7% fewer and Canterbury had 5.1% fewer. NPL_Nov15

Again, the Waikato, Bay of Plenty and Coromandel are among the regions bucking this trend. All three of these regions had the most new listings for any November for at least five years.

“Nationally, we’ve seen fewer listings this year than we have since November 2009,” says Brendon Skipper. “This may further exacerbate the shortage of inventory, which still hovers near the all-time low of 16.1 weeks we reached last month.”

Inventory is a measure of the national supply of homes for sale, expressed as a number of weeks it would take for all currently listed properties to sell at average rates, should no new properties get listed. The inventory for November was 16.8 weeks, compared to a long-term average of 35 weeks.

IOL_Nov15

 About Realestate.co.nz

Realestate.co.nz offers buyers the shortest path to the perfect property. As the official website of the New Zealand real estate industry, Realestate.co.nz 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 rural properties currently marketed by real estate professionals. Focussed exclusively on people in need of property, Realestate.co.nz offers superior functionality, including accurate search, school zone data and a mobile app.

 

Glossary of terms

Realestate.co.nz provides valuable property market data not available from other sources.

  • Average asking price gives an indication of current market sentiment. Statistically, asking prices tend to correlate closely with the sales prices recorded in future months when those properties are sold. As it looks at different data, average asking prices may differ from recorded sales data released at the same time.
  • Inventory is a measure of how long it would take, theoretically, to sell the current stock at current average rates of sale if no new properties were to be listed for sale. It provides a measure of the rate of turnover in the market.
  • New listings is a record of all the new listings on Realestate.co.nz for the relevant calendar month. As we reflect 97% of all properties listed through registered estate agents in New Zealand, this gives a representative view of the market.
  • Seasonal adjustment is a method we use to better represent the core underlying trend of the property market in New Zealand. This is done using methodology from the New Zealand Institute of Economic Research.
  • Truncated mean is the method we use to provide statistically relevant asking prices. The top and bottom 10% of listings in each area are removed before the average is calculated, to prevent exceptional listings from providing false impressions. Read more here.

 

For media enquiries, please contact:

Nicholas O’Flaherty, Camino public relations                 Brendon Skipper, Realestate.co.nz

T: +64 21 303 181                                                       T: +64 21 542 607

E: nicholaso@camino.co.nz                                         E: brendon@realestate.co.nz

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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 Realestate.co.nz, New Zealand’s largest website dedicated only to property.

npl-oct15

“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 Realestate.co.nz.

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 Realestate.co.nz

Realestate.co.nz offers buyers the shortest path to the perfect property. As the official website of the New Zealand real estate industry, Realestate.co.nz 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, Realestate.co.nz offers superior functionality, including accurate search, school zone data and a mobile app.

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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…

 

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http://www.realestate.co.nz/2621519

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.

 

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http://www.realestate.co.nz/2571380

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.

 

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http://www.realestate.co.nz/2427789

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.

 

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http://www.realestate.co.nz/2631700

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.
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http://www.realestate.co.nz/2624446

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.

 

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http://www.realestate.co.nz/2635873

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.

 

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http://www.realestate.co.nz/2634429

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.

 

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http://www.realestate.co.nz/2629298

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.

 

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http://www.realestate.co.nz/2605111

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.

 

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http://www.realestate.co.nz/2661261

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.

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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.

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“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.”

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Top 10 Lifestyle Properties – October 2015

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

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www.realestate.co.nz/2626720

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.

 

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www.realestate.co.nz/2626065

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.

 

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www.realestate.co.nz/2624637

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.

 

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www.realestate.co.nz/2622191

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.

 

 

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www.realestate.co.nz/2616071

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.

 

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www.realestate.co.nz/2612890

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.

 

 

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http://www.realestate.co.nz/2610681

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!

 

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www.realestate.co.nz/2641676

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.

 

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www.realestate.co.nz/2640520

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.

 

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www.realestate.co.nz/2638320

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.

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