Where New Zealand housing is heading and how you can take advantage of it

So maybe you're looking to put a fair amount of nosh toward real estate and see it grow.

Ideally, you'll want to snatch up a residential investment property while it's still affordable but before it begins to really jump in value. To do this, you have to know the ups and downs of the real estate scene, as well as be tuned in to economic and housing trends.

Unfortunately, the market can be as cryptic and incomprehensible as hieroglyphics. This is especially true for those not so hot on real estate jargon or those without the right property investment advice.

One way to get a great insight is to look at a snapshot of housing values in different regions.

An October 5 report from QV gives you just that. According to Director of Research Jonno Ingerson, big shifts are happening in the property market.

After years of seeing trends go in one direction, namely Auckland prices rising while those in other regions have been in limbo, he indicates that a new wind is blowing across real estate in New Zealand. And it's not the smelly kind either.

What do the numbers say

Overall, housing values nationwide have been on the rise; 12.6 per cent in the 12 months to September. To no one's surprise, this has been driven mostly by sizzling-hot Auckland real estate, which experienced a 22.6 per cent increase over the same period.

However, this is starting to slow as fewer homes are making their reserve prices at auction and open homes are receiving less attention. Some fingers are pointing to a cooling of Chinese investor activity since China's stock market crash.

Less activity from foreign investors could mean more opportunities for you.Less activity from foreign investors could mean more opportunities for you.

Those wanting to spend small but earn big could do well to take a closer look at Hamilton property.

If you've been waiting to get your mittens on residential investment property in Auckland, your ticket in could well be on its way. As momentum begins to slow, you might find it more affordable to make a purchase as you face less competition.

Furthermore, Hamilton is proving itself as the next property investment hotspot, with the city recording a 14.9 per cent annual rise in housing values in September. With an average dwelling value of $416,290 (a far cry from Auckland's $896,676), those wanting to spend small but earn big could do well to take a closer look at Hamilton property. 

Stacy Oliver from Stuff.co.nz also noted in July 11 that real estate prices in the city is taking off as demand is racing past supply.

Knowing when to jump

So don't wait around for a missed opportunity. Get the property investment advice you need, and you could be grinning in years to come knowing that you're already on top of the financial hill many others are trying to climb.

Here's to your financial independence!

Daniel Carney
Authorised Financial Adviser / Investment Property Expert

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