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Believe it or not, if you are reading this, and you manage your investment property privately, you have probably experienced at least one of the following reasons as to why a professional agency is contracted to manage a private property. 

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While residential investment might be getting harder, many people are finding new opportunity in the world of commercial property outside of the main centres.

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Residential property investors have been fielding a plethora of changes, particularly; with the extension of the bright-line test increasing to 10-years and the unexpected removal of mortgage interest deductibility.

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Anna and Jeremy Hart are first-time farm owners in Kowhitirangi, after having had experience ‘over the hill’ with large herds, they saw the West Coast as a unique opportunity to buy their first farm, and are giving it their all.

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Recently we have seen more and more enquiry from residential investors looking to get into the commercial investment market. Many of these investors are “mum and dad” investors that have anything from 1 to multiple residential properties in their portfolio.

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Median prices for residential property across New Zealand increased by 24.3% from $665,000 in March 2020 to $826,300 in March 2021, a new record high for the country, according to the latest data from the Real Estate Institute of New Zealand (REINZ).

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