New Zealand Property Investors' Federation

The NZPIF is the umbrella body for 17 local Property Investors' Associations throughout New Zealand.

(027) 357 9243

www@nzpif.dev.nzpif.org.nz

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News & Updates

Recent updates

Federation News

Lifestyle market steady: REINZ

New Zealand’s lifestyle property market continued its lift in the September quarter, when there were 6.2% more sales compared to the same time the year before.
12-10-2012 more >>

Scarfies name worst flats

Otago University’s Students Association says the condition of the flats judged among the city’s worst is a reminder that tenants should issue their landlords with 14-day notices to rectify when things aren’t right.
12-10-2012 more >>

NZPIF backs IRD on rental business

New Zealand Property Investors Federation president Andrew King has welcomed an Inland Revenue victory over a landlord it said was running a business.
11-10-2012 more >>

Mortgagee levels not as bad as reported: Helm

The mortgagee sale situation in New Zealand is not as dire as recent reports would have us believe, says property commentator Alistair Helm.
10-10-2012 more >>

Rental market softening, Trade Me stats show

It’s still hard to find a rental in Christchurch, according to the latest statistics from Trade Me.
09-10-2012 more >>

Auckland-centric boom could spill over: Westpac

House price rises concentrated in Auckland can still have a material impact on the national economy, Westpac economists say.
09-10-2012 more >>

Housing affordability improving

Housing affordability has improved year-on-year almost everywhere in New Zealand– except Auckland, according to Massey University.
09-10-2012 more >>

House price rise slow and steady: QV

Nationwide house prices are ahead of the 2007 market peak, according to the latest statistics from QV. But research director Jonno Ingerson said the rate of increase was still relatively slow – about 5% per year compared to the up to 15% that was seen last decade.
09-10-2012 more >>

National house price up 6%: REINZ

A lack of listings is driving prices up around the country, according to the latest data from the Real Estate Institute.
08-10-2012 more >>

Five rental properties a business: IRD

An investor with as few as five rental properties can be said to be running a business, says Lindsay Ng, New Zealand Institute of Chartered Accountants tax manager.
08-10-2012 more >>

National house price up 6%: REINZ

A lack of listings is driving prices up around the country, according to the latest data from the Real Estate Institute.
08-10-2012 more >>

Property a strong investment: RBNZ

A Reserve Bank analysis of investment returns has shown the strength of property investment compared to other asset classes. It comes after a report from Camelot Financial Group, which said property investor should consider shares for better returns. Its findings were heavily criticised – partly because the data did not take into account income from rent.
07-10-2012 more >>

Transitional period over for unit titles

Apartment-owners will find themselves caught out when they go to sell their properties if their body corporates have not kept up with the requirements of the Unit Titles Act 2010. The transitional period for bodies corporate ended on October 1.
07-10-2012 more >>

Greens call for capital gains tax

The Green Party has called for a capital gains tax to bring the New Zealand dollar under control. Co-leader Russel Norman said the high dollar had meant a loss of jobs in the export sector.
07-10-2012 more >>

Digital TV a tenant's responsibility: DBH

Switching to digital television is a tenant’s responsibility, according to the Department of Building and Housing.
05-10-2012 more >>

Hospice house sale beats price expectations

Hospice West Auckland sold its Woodford Avenue, Henderson, property for $830,000 more than its rateable value.
05-10-2012 more >>

Auckland house prices drop: Barfoot

Auckland house prices rises have stalled, according to Barfoot and Thompson. The agency reported that the average price fell 1.1% in September compared to the month before, to $585,838.
03-10-2012 more >>

Auckland inventory at five-year low

The number of houses for sale in Auckland is at a five-year low, Realestate.co.nz says.
02-10-2012 more >>

NZPIF rejects call for Rental Property WOF

The Childrens’ Commissioner established the grandly titled “Experts Advisory Group on Solutions to Child Poverty” in March this year. This group has recently produced its first report which included a number of proposals that the group claimed were “ambitious, but they are also realistic, cost-effective, based on evidence, and take into account New Zealand's economic and fiscal context”.
01-10-2012 more >>

Fewer sweeteners in industrial deals: Bayleys

Commercial landlords are cutting down on the incentives they offer their industrial tenants, according to Bayleys.
01-10-2012 more >>

Heat off rents in some parts of Auckland

Auckland’s rental crisis appears to be easing off, with statistics showing rents in some areas dropping compared to the year before.
01-10-2012 more >>

Little change in construction rates

An increase in the number of houses built in the South Island last month was offset by a fall in building numbers in the North Island, according to Statistics New Zealand’s latest data, out today.
28-09-2012 more >>

Leasehold apartments selling at bargain rates

Leasehold concerns are behind discount sales of Auckland apartments, according to real estate salespeople. It was reported today that a three-bedroom penthouse apartment on leasehold land on the waterfront of the Auckland CBD was sold of $330,000 – roughly half its CV of $625,000.
28-09-2012 more >>

Business as usual for National Bank home loan customers: ANZ

Home loan applications submitted to National Bank will be processed as normal and pending approvals will be honoured as the bank is absorbed by ANZ. It was announced yesterday that the National Bank brand will be scrapped in a process starting next month.
27-09-2012 more >>

Investors return to Auckland CBD

The proportion of investors planning to buy apartments in Auckland’s CBD is slowly increasing, according to Crockers research. Respondents to its latest survey have signalled the Auckland CBD and its surrounds are the areas most likely to experience growth in prices in the short term.
27-09-2012 more >>


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