I know it's too good to be true - but it is true - there are ridiculously cheap character homes for sale in Taihape.
“Generally, a property like this would be worth around $330,000 in my opinion. But our vendors have put an offer in on another property, hence listing it at $309,000.”...
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Keen on a character house for less than $310K?
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Linz database access
Does anyone here have access to LINZ database of property parcels with owners details? New accounts have been suspended whilst the department is reviewing their processes and I’d like to get some information. Thanks
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Need Thoughts: Mum contacted by developers looking to buy her house...
Hey Ausfinance, I'm in my mid 20's and after the passing of (basically) the only financially responsible member of my small family a few months ago I've had a bit of a bombshell dropped on me today. My mum (early 60's) called me and has asked for advice on an unsolicited offer from a REA on her ~760m2...
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Where to Invest in NZ
Hi All,
I have ~200K for a deposit, and looking to get a loan of 250 to 300K max to buy a stand alone house 450 to 500K max as an investment property. I am confused which place will be better to buy in terms of:
1) Capital Gains
2) Rent and Tenants
3) Good Property managers...
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Property investors are back in action
Timaru District auction room filled with property investors - and this was in September - before knowing the outcome of the Election.
Medium house price was up $30K in September ($480K August). However, Sept 22 and Sept 23 had the same median house price - $510K.
Other districts...
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Help with decision making please
1st time user and looking for advice!
Rental property - mortgage $240000 (rent $350 per week)
city apartment (holiday home not rented) - mortgage $210000 (half owned with family)
we have just sold our family home which was mortgage free as we need to move towns for my...
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earthquake prone apartments
hi All,
any feedback appreciated. I have seen a number of earthquake prone apartments selling at what appears a good price. I can see there are many potential pit falls. Can anyone suggest what areas of due diligence are worth considering and what risks need to be factored.
...
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Are roughcast homes OK to buy?
Hi all,
I'm looking to buy my first home and just wondering if roughcast is something I should stay away from? I did a bit of Googling and it's like a form of plaster if I'm not mistaken....
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Looking at buying house where vendors have RC for subdivision but no CT yet - RISKY?
Hey everyone
We're looking at buying a property in Auckland where the current vendors have received RC to subdivide the section at the back of the property. They are planning to build a 2 storey family home there. But they haven't received the new CT for the new section and they have written on...
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Settlement+Final Inspection+Seller's Moving Truck arrives ALL@ 3.30pm same Time.
Our new purchase of a property settles next week.
The sellers after being there for almost 50yrs Settle on their new property same day.
REA said their moving truck arrives to load & take their stuff at 3.30pm , on Settlement day.
We have reasonable concerns...
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NZ first home buyers over 80% are screwed
Nothing to do with lenders, all to do with a government and reserve bank meddling and having 'unintended consequences'.
https://www.oneroof.co.nz/news/40503...2gICYwj5UbfCQg...
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Auckland city apartment, some are so cheap (Free hold, non leak?). Is it the time?
While Auckland outskirt suburbs are so heated, inner city apartments seems still remain good return in terms of cash flow. Apartments like Empire and Columbia can generate a return of 6% (3 beds shoe box free hold selling just above 300k and rented for above 500/week), potentially more when the international...
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State housing (Housing NZ) map/viewer
Does anyone have tips on where to view Housing NZ houses? I've been trying to find online and seem to be unable to find anything. When looking at a specific street to buy a place on, where does everyone go to figure out proportion/density of state housing on the street?
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Is Buying Cheaper Than Renting?
Hi All,
How do you work out if buying a property is cheaper than renting?
is it just the rent vs interest repayments as of today?
or do you need to factor in possible increases in interest rate and rent over next 2 -5 years?
should you include rates...
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Missing Cross Lease Document
We put an offer on a property last year but didn't get it. Someone else's offer was accepted. Now the property is coming back to the market as the sale did not go through because the cross lease documents was misplaced by LINZ, they just can't find it. Total 6 units in the block and other 5 have the...

