by Simon Howlett | Nov 13, 2019 | Analyze, Investment, News, Uncategorized
Property prices in Canterbury crack half a million dollar In October the average property price in Canterbury hit new levels, cracking the half-a-million-dollar mark for the first time after a 4.5 per cent increase to $502,800. “Property prices in Canterbury have...
by admin_h | Nov 7, 2019 | Investment, Landlords, News, Property, Property Development, Uncategorized
AirBNB vs Standard Rental The financial results. We’ve had an AirBNB townhouse in Sydenham for three years. With rents on the rise in Christchurch and what seems to be dwindling AirBNB demand (we suspect due to more hotels coming into the market), we decided to...
by admin_h | Oct 16, 2019 | Investment, Landlords, News, Property, Property Development, Uncategorized
KiwiSaver could be used to buy rental properties "KiwiSaver members should be allowed to withdraw money from their accounts to buy rental properties." “KiwiSaver members should be allowed to withdraw money from their accounts to buy rental properties, not just...
by admin_h | Oct 14, 2019 | Investment, Landlords, News, Property, Property Development, Uncategorized
ANZ slashes fixed-term mortgage rates The bank’s six-month fixed special home loan rate has dropped to 3.65% “ANZ has announced cuts to its mortgage rates, as economists anticipate a drop in the official cash rate (OCR) next m1onth. The bank’s six-month fixed...
by admin_h | Aug 26, 2019 | Investment, Landlords, News, Property, Property Development, Uncategorized
Government proposes new policies for local councils to leapfrog the NIMBYs and enable more urban intensification. “The Government wants to direct local councils to prioritise intensification through a new National Policy Statement (NPS) on Urban Development. It...
by admin_h | Aug 26, 2019 | Investment, Landlords, News, Property, Property Development, Uncategorized
How to be the winner, as banks cut mortgage rates. “Home loan borrowers are the winners as banks cut mortgage rates across the board, but there’s a warning that it may not be the boon some expect it to be. Kiwibank has cut its one-year rate to 3.55 per...
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