Young Aucklander fails to get onto property ladder

Young Aucklander fails to get onto property ladder

Once again I’m left SMH (shaking my head) as I read the following “A two bedroom unit in Onehunga has sold for $453,000 at auction this afternoon. The 111A Church St unit with modern kitchen, polished floors, deck and freestanding garage was featured in...
Property Orphans

Property Orphans

Sometimes I just shake my head and sigh. The following statement in a recent article suggests that either things have dramatically changed since I was in my mid 20’s or that the media is really enjoying trying to find some sob stories out there. Before I go on,...
Ten Thousand New Homes

Ten Thousand New Homes

Great News if they can accomplish it but some fundamental aspects of property developing are being missed. Labour’s housing spokesman Phil Twyford said KiwiBuild would deliver the equivalent of a Hobsonville $485,000 two-bedroom terrace home for $360,000 by...
House prices soar as rents stall

House prices soar as rents stall

Interesting article…  House prices soar as rents stall  It is the great conundrum of New Zealand’s investment scene and the great mystery of the Auckland economy. Why has the median house price risen 25 per cent in Auckland in the past two years to more...
House Sales Show Big Drop

House Sales Show Big Drop

It seems things are finally starting to slow down in the Auckland property market according to some commentators. The article House sales show big drop in ‘perfect storm’ suggests a perfect storm of interest rate hikes, lending restrictions and inclement...