West Auckland Trap

When future urban zones set earlier in the West, the market was quick to react, causing massive land sales. All of which were before future plan confirmations.   Lots of land holders have moved on with good sales price. Traded themselves from assets rich position to cash holder’s new generation of wealth. Though many over…

North Shore is leading the game!

  New Zealand’s services sector activity slipped further in April, touching the lowest level in more than six years and adding to concerns about an economic slowdown. https://www.nzherald.co.nz/economy/news/article.cfm?c_id=34&objectid=12232603 Confidence in the economy remains at historically low levels along with Australia – something which tends to be blamed on either Government policy or the political leanings…

Capital Gains Report Receives Attention

Large media attention regarding a proposed capital gains tax has drawn large public option and debate regarding the advantages and disadvantages, with the tax working group delivering final report on the 21st February 2019. The aim to increase ” improve housing affordability, lead to a higher rate of home ownership, help remove the heavy skew we have…

Building Consent Growth

Building consent data shows an increase year on year. A total of 32,996  new dwellings were issued building consents, up 6.1% on 2017 as reported by statistics nz. Last recorded low of building consent was 2011 for 13,662 which has seen a year on year growth over the following 7 years. Government departments including Kiwi…

In The Area – Spotlight on Wainui

More infrastructure will be invited into the area to support plan change North Auckland will get a $91m infrastructure package to support the building of 9000 homes at Wainui, north of Auckland City. The money will come from a partnership between Auckland Council, Crown Infrastructure Partners and Fulton Hogan Land Development, which will fund $91 million…