Latest fromProperty Investment
Bought for $630k - sold for over $40m
Alan Wallace is an accidental property investor, signing a deal to sell a 16ha East Tamaki site for more than $40m after paying $630,000 for the real estate 21 years ago.
Will more Chinese snap up NZ houses?
An economist says China's plans to ease the restrictions its citizens face when investing overseas will see more Chinese money flowing into NZ's property market.
Property values rise at slowest pace in 15 months - QV
Property values rose 6.4 per cent nationwide in September, slowing from an annual pace of 6.9 per cent in August, according to QV.
How to give up the day job
What would it take to give up the day job and retire young? Financial adviser Simon Hassan says few people want to quit work at a young age these days.
Watercare defends development fees
Watercare Services has hit back at a developer who accused it of charging too much for Auckland residential subdivisions.
Landlords planning rent hikes
Barfoot and Thompson has just released its annual landlord survey - and it revealed most are planning to put rents up by about 5 per cent.
10 reasons to rent, not buy
Owning your own home is the "Kiwi dream" but it's becoming out of reach for a lot of people. But fear not, here's ten reasons why you might prefer to stay renting.
House hunters risk financial ruin
House hunters desperate to secure their dream home are risking financial disaster by signing unconditional purchase agreements before their current property has sold.
Marina battle in court
The developer behind a controversial $10 million marina project that will divide Waiheke Island says investors can "kiss their money goodbye" if the project is scrapped.
House values up - new QV stats out
QV has released latest house value data showing big rises nationally and in Auckland but growth rates are slowing.
Auckland house prices slump
Auckland house sale volumes and average sale prices have slumped in August - so what's behind the slight cooling off of the market?
Investment project to create landlords
A specialist apartment real estate agency boss is starting up a new business to encourage people to become landlords by finding, buying and managing Auckland residential properties.
Landlords complain about bank loan tactics
Landlords are complaining about banks calling in loans from one property when another is sold.
Auckland Airport's land bank value soars to $2.6b
Auckland International Airport's vast Mangere land bank rose in value by $734 million between June 2011 and June 2014.
Bruce: Property investment is not easy
Homeowners are often portrayed as millionaires-in-waiting, but investing in property is not easy, writes Andrew Bruce.
Iwi arm pays well over CV for block
Ngati Whatua Orakei Whai Rawa has paid slightly under $70 million for a new Auckland office block with a council valuation of $35.5 million
Buyers fork out $65.5m for three towers
A wealthy Hong Kong family have bought three office towers in Auckland's CBD for $65.5 million in one of the biggest property deals of the year.
Summerset first-half profit growth slows
New Zealand's third-largest retirement village operator, increased first-half profit at a slower pace as it focuses on developing villages for future growth.
Ryman adds to growing landbank
New Zealand's biggest retirement owner/operator Ryman Healthcare confirmed its acquisition of the former Kingsgate Hotel site on Campbell Rd, Auckland.
Property values up, but at a slower pace - QV
Rising interest rates, LVR restrictions and the onset of winter have taken the heat out of the housing market, according to just released QV figures.
Auckland house sales fall
Auckland's biggest real estate agency, Barfoot & Thompson, said their house sale volumes fell in July, blaming winter and the election.
Andrew Bruce: Property investors are tax disadvantaged
Andrew Bruce says property investment is now at a tax disadvantage when compared to other investment classes such as companies.