Wellington has become even more unattractive to homebuyers

[donna]

The pro of buying a home in Wellington is - it will be cheaper than it's been for years. The con is that, as a ratepayer, you can expect some of the highest rates in the country.

Wellington's rates have more than doubled since 2012

Wellington households spend an average of...

[Onward Upward]

Auckland Council is adding a compulsory rubbish collection charge to rates and choice of bin sizes at different prices ($134 - $269). Until now rubbish is user paid by the purchase of official rubbish bags by the occupier of the property. Tenants bought however many bags they wanted and put full bags...

[Keithw]

Interesting table of current rental vacancy rates in major Australian cities.
Video discusses effect on rents from vacancy rates
<2% tends to apply upward pressure on rents
>3% tends to apply downward pressure on rents
https://realestatetalk.com.au/video-vacancy-rates-...

[cube]

AS per https://www.nzherald.co.nz/nz/news/a...088&ref=NZH_fb

I wonder how many landlords are getting unexpected increased bills and find their tenants have a nice little side-line?

[heugumper]

Although higher than last yer, I was plesantly surprised by how little they rose. Not like insurance, which has jumped 20-30% recently.

[north shore]

New Auckland council rates for 2018-2019 are online now
Much to my disgust both the new targeted rates, the Natural Environment and the Water Quality Targeted Rate are levied on your capital value not as a flat rate.

[stevell]

I've been trying to work out whether there is a difference in rate of increase in value of homes in the same area depending on the type of build. I have some evidence, based on relative RVs, that less popular properties increase in value at a lower rate but this is not at all scientific, and from limited...

[Staffordblue]

Good morning everyone.

I know it’s a dreaded subject but I have a quick question about business rates that I’m hoping someone might be able to help me with.

I have just started a dog day care business and have just received by valuation by the Valuation Office for the...

[surfbluedog]

With new valuations coming in, and expected to be much higher than last time, surely this will mean all our rates will be going up?

[Perry]

An interesting anecdote for y'all.

My first rental (in Hawke's Bay) was at the rate of $100 a week, in 2000.

The rate for the past 2 years (for the same rental) has been $154 per week.
A tenancy change over will see the new rate advertised at $182 per week.
We...

[Xtina]

Hi there
I have just received my 2015/16 rates bill and the rates have increased on my rental by $1,200.

What is the general view - are landlords going to pass all of this cost onto tenants or some? How often do you as landlords implement rent increases?

I am horrified...

[smerriman]

I recently purchased a rental property and immediately began renting it out. This occurred in February, so the house has been rented for 2 months of the tax period just ended.

I paid for insurance, rates to cover a year's period from February 2015 - January 2016.

Do I claim...

[InternationalYeti]

Hi everybody, I am new to this forum and I would be grateful for your views here.

I am looking at purchasing a car park in Wellington CBD. It is a freehold title 'outdoors' parking space within the cuba/dixon/ghuznee/taranaki quadrant - near the Robert Hannah complex. It is currently rented...

[CaliAngel]

I have a four flat property with adjacent land in Clyde Rd Wairoa. Frankly its a dog of a property. It was bought sight unseen in 2006 on the numbers which seemed favourable. Have since visited and it seems a sturdy property with potential - maybe for short term accommodation. Have enquired with one...

[JABlog]

Has anyone recently purchased heatpumps or installers do you have any advise, particularly interested in below models : I am looking at Fujitsu and Mitsubishi High Wall Air Conditioner . Fujitsu claims to have a better cop rating where else Mitsubishi model have better energy star rating? Both are...