New Zealand property prices are showing strong signs of stabilising according to a June snapshot of the New Zealand residential property market.  Recent statistics show that the number of new property listings in the New Zealand property market declined for the fourth consecutive month indicating a marked decrease in available inventory.  With New Zealand property sales volumes on the rise but stock of available properties reduced it could mean after the traditional quite winter period, the New Zealand property market could become very active in spring (September).  If the downward trend in inventory continues, at some point this could lead to price pressure creeping back into some pockets of the New Zealand Property market.
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New Zealand is facing a shortage in property supply according to the Bank of New Zealand’s chief economist.  This is one of the key economic fundamentals which have supported the New Zealand property market throughout recent global financial turmoil.  Statistics have shown a surge in turnover in the New Zealand property market since March with renewed interest from investors; and this has resulted in the stabilisation of New Zealand property prices.  As accelerating population growth in New Zealand bumps up against housing construction at its lowest levels in decades, big concerns about housing affordability are going to reappear.  The upside of this for New Zealand property investors is that people will be in the rental market for longer as they save to meet deposit requirements.
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Featured Properties:

Luxury Apartments in Central Wellington, New Zealand

31 Brand new apartments will be incorporated into a landmark heritage building on a vibrant, urban street corner.  These apartments are designed to compliment the character and integrity of the historic Il Casino building and create something a little different from most contemporary inner city apartment blocks... something with soul.

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Lifestyle Villas in Wanaka, New Zealand

Own your own slice of paradise in the spectacular Queenstown Lakes District.  This fantastic lifestyle property provides a rare opportunity to invest in one of New Zealand’s fastest growing resort towns, Wanaka.  The site of these stunning three and four bedroom villas represent some of Wanaka’s most sought-after residential real estate.

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Waterfront Apartments in Bay of Islands, New Zealand

Mortgagee Sale!! We are currently offering up to $120,000NZD off the purchase price of the fantastic Sea Spray Apartments.  These high quality apartments offer a FREE furniture package and a 6 percent net rental for two years.

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Mortgagee Forced Sale - Bay of Islands, New Zealand

Due to a Mortgagee forced sale, we are please to offer you an exceptional deal on this picturesque property in the Bay of Islands.

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We are thrilled to announce the release of upper-floor apartments in Wellington's prestigious Forte Apartments. All of these apartments take advantage of the stunning views over Wellington's beautiful city with many having the added benefit of harbour views. These properties will be in hot demand with 80% of the lower-level apartments already sold.

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Up to $318,000NZD off Valuation- Off Plan mid 2009

We have negotiated an exceptional deal on a new off-the-plan Wellington waterfront development. Patent 326 is an exclusive boutique property development located on Wellinton's habour front and provides an excellent combination of capital growth and rental yield.

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Affordable Auckland Investment Property

The Proximity Apartments offer a high yeilding rental guarantee.  Proximity's developer has just released, previously unavailable, two bedroom apartments.  These are the prime corner properties with a conservatory and two balconies.

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Inner City Christchurch Investment

$25,000NZD off the valuation price of these modern apartments in a fantastic inner city location.  These two bedroom, split-level apartments are perfect for attracting the professional style tenant.

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Off-Plan Hamilton Townhouses

Take advantage of the increasing demand for housing in one of New Zealand's fastest growing areas.  Located in the suburb of Dinsdale, this development of fifteen, two bedroom townhouses is within easy commute to Hamilton's CBD.

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7% Net Rental Yield & Discount to Valuation

Prime Napier waterfront apartments discounted to valuation and come with a 7% net rental guarantee for 2 years. 52 prime waterfront apartments featuring open plan living, indoor-outdoor flow to generous 24m2 private balconies, with astonishing 180-degree water views across the harbour.

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