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…

Mars Realty In The Market NOV18

Small property projects and medium density housing (MDH) are on the market now, together with Kiwi Build. Building material has a wider range for the different choices for projects and MDH.   Surely, an increase in policy restrictions are contributing to driving property prices price down? Including the investors banking restrictions of funding supply. Most…

Auckland Region Favours Buyers

  The Auckland region favours buyers for the first time since 2011. New listings are up 14.6% across New Zealand and the national average asking price falls by 2.1%, driven by major centres. Real-time statistics from realestate.co.nz show that our biggest region, Auckland, is looking fresh and healthy for buyers, with a large injection of…

Overseas Investment Update

Attention in the news has a spotlight on foreign investments in Residential Land – Prompted by the rising house prices and rental availability in Auckland and the wider areas in New Zealand. In June 18 Stats NZ released statistics regarding foreign investments – “In the March 2018 quarter, just over 3 percent of home transfers…

First Home Buyers Are Still In The Market

Source: Corelogic : Kevin Davidson, 12 Sep 2018   Recent statistics from Core Logic shows an increase in First Home Buyers for residential property purchases from 23% in July, despite the drop in housing affordability in recent years. Investors with multiple income properties with mortgage – sits at 24% in August after government regulations. Link to…