As we know New Zealand has moved to COVID-19 Alert Level 4 as a serious attempt to control the transmission of this pandemic throughout our country. With the country now in lockdown the government changed rules concerning residential landlords and…
The updated Hastings District Council Rating Valuations are now out. These reflect an overall increase in house values of 17.9% over the past 3 years to 1st August. The Rural sector rose 18.1% and the commercial sector rose 7.6% since…
There were 220 applications for 24 residential sections in the latest release of sites in the Parklands Napier residential subdivision. The allocation was drawn by ballot. Congratulations to the lucky few and better luck next time to those who missed…
The rating valuations are reviewed once every three years, and this year (as at 1 September) is Napier City’s turn. So what can we expect when the new values are published shortly? Overall: The market has been very steady on…
For many people the dream of owning their own home is a distant reality. Housing prices in New Zealand are for most, far too high, relative to their income. So how do we create a greater supply of affordable housing?…
The answer may surprise you! When a tenant chooses a commercial property, financially they are most concerned with the total cost of occupying the building (TOC). They don’t really care if that cost is mainly rent or other costs. When…
