Tag: country_nz

Six indoor plants that’ll breathe new life into your home

The right plants can transform a house or apartment into a warm and inviting home. They add a touch of life, colour, and tranquillity, especially when you’re looking to sell. However, choosing the right indoor plants can be overwhelming. That’s why our agents have compiled a list of six favourites that are perfect for the…
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Should I buy property in a high-crime area?

Affordable property is hard to find these days and locals are being forced to make tough home choices when buying.  One increasingly common question that our agents have been asked: is it worth buying an affordable home if it means living in a high-crime area? This issue is enhanced with more people compelled to live…
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Seven buying points you should never forget

There are plenty of points to factor in when buying a home, with many easy to forget amidst the financial and emotional challenge of making a significant purchase. However, failing to recollect such issues can result in drama, so our agents have listed the most common elements of a purchase that inexperienced buyers forget about.…
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Snap-happy sellers invest in photography

The adage, “a picture tells a thousand words” is unquestionably true when selling a property. With most homebuyers inspecting properties online before attending open homes, first impressions matter more than ever, and quality property images can make or break a great sale. Make no mistake: photos taken on a mobile phone won’t cut it when…
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Buyer choice expands as the OCR stays stubbornly high

The latest figures from the OneRoof-Valocity House Value Index reveal a shift in power towards buyers, driven by a surge in listings and the lingering effects of high interest rates. While New Zealand’s average property value increased modestly by 0.4% to $977,000 in the last quarter, the number of homes for sale has soared, exceeding…
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Investors in a rush as bright-line tax change looms

The New Zealand property market is about to undergo a seismic shift.  From July 1, the bright-line tax rule for property investors and holiday homeowners will change from 10 years to just two years.  Any property (other than your primary residence) sold within two years of purchase will trigger a capital gains tax on the…
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Choice increases as momentum swings to buyer

Even as the Reserve Bank of New Zealand retains interest rates at a stubbornly high 5.25%, the momentum of the real estate market is swinging towards the buyers. More than 40,000 homes are now for sale across New Zealand, an annual increase of 13.5%, according to the latest OneRoof-Valocity House Value Index. New listings for…
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Bank hints at interest rate landing

There are a thousand questions to be asked when buying property, but one query dominates them all right now: when will interest rates come down? The current Official Cash Rate (OCR) is 5.5%, and the Reserve Bank of New Zealand (RBNZ) is giving little hint of when it will start making cuts that will boost…
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Tips on how to save flood-damaged items

There are few things more emotionally distressing – to say nothing of financially difficult – than cleaning up a home after a flood. Finding badly damaged, much-loved items is particularly heart-breaking. Yet even the unprepared should take heart: while some damaged items will have to be thrown away, others can be restored. Clothes and linen…
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Demystifying real estate jargon

Whether you’re a first-time homebuyer, a seasoned investor, or simply curious about the nuances of property transactions, the terminology used in the real estate industry can often seem like a foreign language, leaving many feeling overwhelmed and confused. This guide to some of the most frequently used terms has been designed to help you speak…
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