Uncategorised

30 May 2026

A Case For A Buyers Agency

Recently, I helped two of my friends to buy properties. It took a lot of effort but I was able to help them buy the property they wanted in the time frame that they wanted, at the price they wanted. This got me thinking about starting a buyer’s agency service which is very common in the UK and Australia but virtually non-existent in New Zealand.

Buyers in New Zealand have become used to getting a free service from the listing agent or a friend who is an agent, which is great. But the big question is – who is the paying for the agent’s time? Obviously, it is the Seller. Also obvious is the fact that the agent, who is being paid by the seller is going to work in the Seller’s best interest. At least that is what you would expect, right? So who is working in the Buyer’s best interest? Maybe it’s the listing agent – and isn’t that a conflict of interest, right there!

A Buyer’s agent who knows the local market, can offer several benefits to justify their fees:

1. The agent should be able to negotiate a better price. That will pay for their fees.
2. The agent will ask the right questions, which will help the buyer make an informed decision.
3. They will identity defects and advise what it would cost to fix them, or whether they should walk away.
4. They will shortlist properties that meet your search criteria – save you time and money.

Sometimes Buyers get very frustrated because they can’t find a property that they are looking for, it’s taking up a lot of time and energy. Then they throw caution to the winds and make an offer on impulse. Not a good way to buy a property.

If you are in the market to buy, there has never been a better time. Let’s have a chat.

Yours truly,

Mohijit

Little change expected in the months ahead

As per the latest REINZ April 2026 property report, the data shows a 2.5% increase in the Auckland median sale price, compared to the same period last year and a 14.8% decrease in the sales count. Compared to the previous month, the Median Price is down 1.7% and Sales Count is down 29.5%. As per the report, “Market sentiment was shaped by cost of living pressures, election uncertainty in November, and the possibility of rising interest rates, keeping conditions firmly in favour of buyers.”

“Local salespeople remain cautious, adopting a ’wait and see’ approach as they expect little change in the months ahead.”

To view the full REINZ report, click here.

Property Investor Insights April 2026

Economist Tony Alexander shares his insights in his latest Property Investor report, which compiles the response he has received from 162 property investors. The results show the following:

• Most of the results this month are close to where they were in March apart from a slight improvement in the net proportion of investors thinking about making another property purchase.
• The preference of investors looking to buy again is to purchase an existing property rather than to get a new one built.
• As a one-off we asked investors planning to sell what their motivation is. Mostly they cited retirement and inadequate returns.

To view the full report, click here.

NZHL Property Report April 2026

Economist Tony Alexander shares his insights in his latest NZHL Property report, which compiles the response he has received from 204 real estate agents. The results show the following:

• While a strong net 50% of agents report that they are seeing fewer investors in the market, a net 26% still report more first-time buyers are present.
• Many of our gauges of market strength have deteriorated to their worst levels since the first half of 2022 when the credit crunch was underway.
• Buyers are fearful of interest rates rising, employment, and that prices may fall after making a purchase.

To view the full report, click here.

Auckland median sale price movement over last 5 Years (April 2021 – April 2026)

Graph is based on statistical data published by REINZ.

For Rent

3/105 Hobsonville Road, West Harbour 41 Renata Crescent, Te Atatu Peninsula

$690 Per Week

3 beds, 2 baths, 1 study, 3 toilets, 1 garage, 1 carpark

Our Partners

18 April 2026

Sales counts and median prices are not much better than they were a year ago, as evidenced from the latest REINZ property report. See chart below.

As per the NZHL property report published by economist Tony Alexander, “For the third time since early-2023 an upturn in the residential real estate market has paused then gone into reverse.”

The war in Iran and the increase in fuel prices, is sure to lead to inflation. This might force the reserve bank to increase interest rates which is going to adversely impact the property market over the next 12 months. So if your thinking of selling, you probably won’t benefit from waiting. If your thinking of buying, this is as good a time as any.

In the rental market however we’ve seen some positive developments. We have been able to rent all our properties as on date. We have rented 8 vacant properties since the beginning of this year. For the first time this year we have no vacant properties. Two of these properties, one at $850 per week, were rented within 2 weeks of starting advertising. This was because they were correctly priced. The others took longer because we had to go through a process of rent reductions till we got the price right. For the two properties that we rented quickly, we had close to 15 people at each
viewing. So there are plenty of tenants out there, but they won’t show up to the viewings till they feel the price is right.

Yours truly,

Mohijit

A Slow Yet Steady Trend Continues

As per the latest REINZ March 2026 property report, the data shows a 0.5% increase in the Auckland median sale price, compared to the same period last year and a 0.9% increase in the sales count. Compared to the previous month, the Median Price is up 4.0% and Sales Count is up 20.1%. As per the report, “Market sentiment was influenced by interest rate concerns, the conflict in the Middle East, and general buyer and seller caution. Local salespeople anticipate similar market conditions to continue over the coming months.”

To view the full REINZ report, click here.

Property Investor Insights March 2026

Economist Tony Alexander shares his insights in his latest Property Investor report, which compiles the response he has received from 230 property investors. The results show the following:

• A record net 26% of existing property investors say they plan selling their properties. This is up from 17% last month and 11% six months ago.
• A record low 44% plan never selling or holding for at least ten years compared with 48% last month and 53% six months back.
• Concerns remain elevated about insurance costs and council rates.

To view the full report, click here.

NZHL Property Report March 2026

Economist Tony Alexander shares his insights in his latest NZHL Property report, which compiles the response he has received from 300 real estate agents. The results show the following:

• For the third time since early-2023 an upturn in the residential real estate market has paused then gone into reverse.
• Agents see prices as currently falling in their areas of operation with fewer people attending open homes and auctions.
• Buyers are newly worried about employment and interest rates but have few concerns about listings or access to finance.

To view the full report, click here.

Auckland median sale price movement over last 5 Years (April 2021 – March 2026)

Graph is based on statistical data published by REINZ.

Our Partners

02 March 2026

We are well into the new year and we find ourselves facing new challenges.

When it comes to property sales, Auckland is seeing a drop. Buyers are unwilling to buy and are instead waiting for prices to drop. This is compounded by the fear that interest rates may rise again. On a happier note, people are more confident with their employment situation. This is backed up by findings of Tony Alexanders most recent reports.

When it comes to rentals, landlords are facing difficulties finding tenants for their vacant properties. We have experienced this personally as well, especially recently. This is in part because landlords will (naturally) want, “more bang for their buck.” Unfortunately, the economic situation is such that not many potential tenants will be able to meet their expectations. That being said, we have seen fair demand for the right kind of property. However, this tends to be the exception, not the rule.

My thoughts are that landlords may need to rethink their expectations. After all, “It’s better to have one in hand than two in the bush,” as the saying goes.

There has been small improvements in the global economy, so it isn’t a stretch of the imagination to think that New Zealand will follow. The market isn’t exactly rosy right now, but bad times never last. The recent REINZ report states that we should see a lift in the market after the Feb OCR announcement.

Its a happy coincidence that these sentiments come soon after Chinese New Year, which is supposed to bring luck and prosperity.

That said, I hope you’ve had a good new year so far and Happy Chinese New Year to everyone.

Yours truly,

Mohijit

Market activity remains slow

As per the latest REINZ January 2026 property report, the data shows a 1.1% increase in the Auckland median sale price, compared to the same period last year and a 1.2% decrease in the sales count. Compared to the previous month, the Median Price is down 5.9% and Sales Count is down 51.7%. As per the report, “Local salespeople expect market activity to lift following the February OCR announcement.”

To view the full REINZ report, click here.

Property Investor Insights January 2026

Economist Tony Alexander shares his insights in his latest Property Investor report, which compiles the response he has received from 297 property investors. The results show the following:

• Investor net buying intentions have fallen to the lowest reading on record for our survey.
• Tenants remain difficult to find though slightly less so than at the end of last year.
• There has been a lift in the proportion of investors concerned that interest rates may be headed back up again.

To view the full report, click here.

NZHL Property Report January 2026

Economist Tony Alexander shares his insights in his latest NZHL Property report, which compiles the response he has received from 218 real estate agents. The results show the following:

• First home buyers continue to have a dominant presence in the housing market while investors are showing no particular new surge in purchasing interest.
• Buyers have become newly concerned about interest rates going back up again but are slowly feeling more confident about their employment situation.

To view the full report, click here.

Auckland median sale price movement over last 2 Years (January 2023 – January 2025)

Graph is based on statistical data published by REINZ.

For Rent

41 Renata Crescent, Te Atatu Peninsula

$660 Per Week

3 beds, 2 bath, 2 carports

A/3213 Great North Road, New Lynn

$700 Per Week

3 beds, 1 bath, 4 carports

Our Partners

27 December 2025

The numbers in the REINZ report do not accurately reflect the rapid changes that are taking place in the market. We have just sold 3 Falkirk Street in Blockhouse Bay. We had over 10,000 enquiries for the property, over 100 enquiries, three offers within two weeks and a back-up offer. It sold and settled within 6 weeks. There are three reasons for this:

1. The high level of interest was due to how we positioned the property in our marketing.
2. The number of first home buyers, investors and flippers entering the market is very high.
3. The vendor was willing to meet the market.

Our job is to create interest with a strategic marketing plan and reach the widest audience of potential buyers. Once that interest has been created, the property will be sold.

If you are thinking of selling, talk to us about what our strategic marketing plan will be. Talk to other professionals as well. Then choose the plan that makes the most sense.

As we approach 2026, it might be useful to reflect on the year gone by.

As you will see in the graph we have presented below, house prices in Auckland have remained flat all through 2024 and 2025. While I’m wary of making any predictions I personally do not expect much to change in 2026.

As far as rents go, there has been a significant fall in rents in 2025 compared to 2024. It has prompted the minister for housing to say on national TV that tenants should renegotiate rents at a lower level with their landlords. As I’ve been saying in my previous newsletters, supply continues to outstrip demand as far as rental property is concerned.

I want to take this opportunity to thank all our tenants and landlords for their cooperation and support this past year. I want to especially acknowledge two of my tenants who are celebrating Christmas with a fantastic display of lights and decorations, photos of which are displayed below.

I wish you all a Merry Christmas and a Prosperous New Year.

Yours truly,

Mohijit

Tenant: Lance Tolson

Tenants: Annie Dean-Gounder and Manendra Gounder

Buyers are taking their time

As per the latest REINZ November 2025 property report, the data shows a 2.1% increase in the Auckland median sale price, compared to the same period last year and a 6.6% decrease in the sales count. Compared to the previous month, the Median Price is up 1.6% and Sales Count is down 5.5%. As per the report, “Local salespeople cautiously predict a busy January, followed by a steady, mostly static market.”

To view the full REINZ report, click here.

Property Investor Insights November 2025

Economist Tony Alexander shares his insights in his latest Property Investor report, which compiles the response he has received from 259 property investors. The results show the following:

• Tenant availability has become even poorer with a record net 43% of landlords saying they are finding it difficult to secure a good tenant.
• Landlords are becoming less worried that house prices may be falling but more worried about potential changes in tenant legislation.
• Fewer investors are planning to hold their properties for at least ten years or never to sell.

To view the full report, click here.

NZHL Property Report November 2025

Economist Tony Alexander shares his insights in his latest NZHL Property report, which compiles the response he has received from 184 real estate agents. The results show the following:

• For the first time since the start of 2024 the proportion of agents saying buyers are displaying some fear of missing out (FOMO) exceeds the proportion saying they are concerned about prices falling after making a purchase – FOOP or fear of over-paying.
• The market continues to be driven by first home buyers with minor purchasing interest from some investors being met by stronger selling plans by others.
• Nevertheless, a solid buyer’s market remains in place.

To view the full report, click here.

Auckland median sale price movement over last 2 Years ( November 2023 – November 2025)

Graph is based on statistical data published by REINZ.

For Rent

2/63 Zita Maria Drive, Massey

$550 Per Week

3 beds, 1 baths, 4 carport

1/705A Richardson Road, Mount Roskill

$550 Per Week

3 beds, 1 bath, 1 carport

79/1 Ambrico Place, New Lynn

$680 Per Week

3 beds, 1 bath, 2 carports

41 Renata Crescent, Te Atatu Peninsula

$660 Per Week

3 beds, 2 bath, 2 carports

Our Partners

22 October 2025

The numbers in the REINZ report do not accurately reflect the rapid changes that are taking place in the market. We have just sold 3 Falkirk Street in Blockhouse Bay. We had over 10,000 enquiries for the property, over 100 enquiries, three offers within two weeks and a back-up offer. It sold and settled within 6 weeks. There are three reasons for this:

1. The high level of interest was due to how we positioned the property in our marketing.
2. The number of first home buyers, investors and flippers entering the market is very high.
3. The vendor was willing to meet the market.

Our job is to create interest with a strategic marketing plan and reach the widest audience of potential buyers. Once that interest has been created, the property will be sold.

If you are thinking of selling, talk to us about what our strategic marketing plan will be. Talk to other professionals as well. Then choose the plan that makes the most sense.

SOLD

3 Falkirk Street, Blockhouse Bay

Market momentum slow yet steady

As per the latest REINZ September 2025 property report, the data shows a 0.8% increase in the Auckland median sale price, compared to the same period last year and a 5.6% decrease in the sales count. Compared to the previous month, the Median Price is up 2.9% and Sales Count is up 1.7%. REINZ has stated that, “Local salespeople are cautiously optimistic that confidence amongst all buyers will increase in the coming months, which might lead to increased sales.”

To view the full REINZ report, click here.

Property Investor Insights September 2025

Economist Tony Alexander shares his insights in his latest Property Investor report, which compiles the response he has received from 259 property investors. The results show the following:

• Over half of landlords say they plan holding their property for at least ten years or never selling it.
• Investors looking to make another purchase remain strongly focused on existing dwellings rather than new ones.
• The average rent rise which landlords will attempt to achieve over the coming year is on a downward trend.

To view the full report, click here.

NZHL Property Report August 2025

Economist Tony Alexander shares his insights in his latest NZHL Property report, which compiles the response he has received from 253 real estate agents. The results show the following:

• A solid buyer’s market remains in place with evidence of more vendors entering the market to sell.
• Young buyers continue to have a strong presence, but investors appear to be net sellers of property with a trigger for some being when a current tenant moves out.

Prices are generally still seen as falling according to agents, with FOMO remaining at low levels yet many vendors still hoping for 2021 prices.

To view the full report, click here.

Auckland median sale price movement over last 5 Years (September 2020 – September 2025)

For Rent

64 Selo Street, Glen Eden

$650 Per Week

3 beds, 2 baths, 1 carport

2/82 Roberts Road, Te Atatu South

$650 Per Week

3 beds, 1 bath, 2 carports

Graph is based on statistical data published by REINZ.

Our Partners

23 September 2025

We listed 3 Falkirk Street in Blockhouse Bay for sale on Trade Me on 8th September at a price of $700,000. The reason for this low pricing was, that the property has an un-remediated land slip at the rear, which requires a retaining wall to be built with Council approval. Within the first 15 days the ad was viewed 7348 times. We received 46 email enquiries and heaps of phone calls/text messages. We received three offers and the property is now under contract.

I have a number of buyers lining up to make back up offers as on date. Quite frankly, this has been quite a challenge in terms of being able to respond to all the enquiries. But more importantly, it shows that there are lots of buyers ready to snap up a good bargain, if the marketing is done properly.

So if you are thinking of selling, please give me a call and we can have a chat.

For Sale

3 Falkirk Street, Blockhouse Bay

Do-Up or Potential Development Opportunity

Under Contract but looking for back up offers.

Good sized Kiwi Bungalow consisting of 2 bedrooms.

One bathroom with separate bath and shower, separate toilet.

Laundry and basement garage.

Located on the New Lynn – Blockhouse Bay border.

Walking distance to Chaucer School.

Building permit issued for retaining wall to remediate slip at rear. Subject to Resource Consent.

Tenanted till January 2026.

Motivated Vendor.

Agents welcome for conjunctional.

Contact Mohijit for more info.

Market remains flat 

As per the latest REINZ August 2025 property report, the data shows a 1.3% increase in the Auckland median sale price, compared to the same period last year and a 8.6% decrease in the sales count. Compared to the previous month, the median price is down 0.6% and sales sount is down 10.9%. REINZ reports that “much depends on other factors such as the job market and possible OCR reductions”. They also say that there is cautious optimism “that there will be incremental improvements over the next few months”.

To view the full REINZ report, click here.

Property Investor Insights August 2025

Economist Tony Alexander shares his insights in his latest Property Investor report, which compiles the response he has received from 277 property investors. The results show the following:

• The net proportion of landlords planning rent rises has decreased to a record low.
• Finding a good tenant is reported to be currently quite difficult.
• Worries remain high about council rates rises but few landlords have concerns about meeting their mortgage repayments.

To view the full report, click here.

NZHL Property Report August 2025

Economist Tony Alexander shares his insights in his latest NZHL Property report, which compiles the response he has received from 274 real estate agents. The results show the following:

• First home buyers continue to have strong dominance in the market. An improvement in investor buying might just be seasonal.
• Overall, agents still feel that average house prices are falling.
• FOMO remains low and a strong proportion of agents have reported that they are receiving more requests for property appraisals from potential vendors.

To view the full report, click here.

Auckland median sale price movement over last 5 Years (August 2020 – August 2025)

Graph is based on statistical data published by REINZ.

Our Partners

29 August 2025

OCR down to 3% but…

New Zealand’s OCR came down to 3% from 3.25%. This comes from the Reserve Bank of New Zealand’s Monetary Policy Statement August 2025. You can find the full statement here.

Meanwhile, Economist and speaker Tony Alexander predicted in his latest article published on One Roof, that interest rates are likely to take U-turn and start going up in the near future.

Said Tony, “Interest rates move in cycles just as economies do, and borrowers at the moment need to be careful not to fall into the trap of thinking that borrowing costs won’t rise again.”

In fact, rates are likely to rise faster as a result of the Reserve Bank’s generous comments last week,” he continued, “That’s because, by buying an extra stimulus to our economy now, the banks increased the risk of extra inflation once growth is chugging along at a good pace.”

You can read the full article by Tony Alexander here.

Residential market remains slow and steady

As per the latest REINZ June 2025 property report, the data shows a 3.4 % decrease in the Auckland median sale price, compared to the same period last year and a 17.8% increase in the sales count. Compared to the previous month, the Median Price is up 1.0% and Sales Count is down 18.3%. REINZ reports that the market will probably stay the same over the coming months – slow and steady.

For Sale

3 Falkirk Street, Blockhouse Bay

Great Do-Up Opportunity

Good sized Kiwi Bungalow consisting of 3 bedrooms. One bathroom with separate bath and shower, separate toilet.
Laundry and basement garage.

Located on the New Lynn – Blockhouse Bay border.

Walking distance to Chaucer School.

Building permit issued for retaining wall to remediate slip at rear. Subject to Resource Consent.

Tenanted till December 2025.

Motivated Vendor.

Contact Mohijit for more info.

More market activity expected in spring

As per the latest REINZ July 2025 property report, the data shows a 2.6% increase in the Auckland median sale price, compared to the same period last year and a 0.5% decrease in the sales count. Compared to the previous month, the Median Price is down 1.5% and Sales Count is up 4.2%. REINZ reports that market activity might lift in the spring, but no significant changes are predicted until early 2026.

To view the full REINZ report, click here.

NZHL Property Report July 2025

Economist Tony Alexander shares his insights in his latest NZHL Property report, which compiles the response he has received from 265 real estate agents. The results show the following:

• Most indicators have improved slightly this month but remain at very weak levels indicative of a market where buyers are in no rush to transact.
• FOMO is creeping higher but stands well away from the frenzied days of the pandemic.
• Investors are indicating interest in selling their properties.

To view the full report, click here.

Auckland median sale price movement over last 5 Years (July 2020 – July 2025)

Graph is based on statistical data published by REINZ.

For Rent

190 Boord Crescent, Kumeu, Rodney, Auckland

$630 Per Week

3 beds, 1 bath

Our Partners

25 July 2025

Residential market remains slow and steady

As per the latest REINZ June 2025 property report, the data shows a 3.4 % decrease in the Auckland median sale price, compared to the same period last year and a 17.8% increase in the sales count. Compared to the previous month, the Median Price is up 1.0% and Sales Count is down 18.3%. REINZ reports that the market will probably stay the same over the coming months – slow and steady.

To view the full REINZ report, click here.

Property Investor Insights June 2025

Economist Tony Alexander shares his insights in his latest Property Investor report, which compiles the response he has received from 246 property investors. The results show the following:

• A record net 40% of landlords say that it is difficult to get a good tenant… Market conditions have
  changed substantially.
• The greatest area of concern for landlords is rising council rates.

To view the full report, click here.

NZHL Property Report June 2025

Economist Tony Alexander shares his insights in his latest NZHL Property report, which compiles the response he has received from 393 real estate agents. The results show the following:

• Most indicators this month have pulled back from the quite depressed levels of late-May. But most also remain in weak territory signalling a market still strongly in favour of buyers.
• First home buyers remain active, but investors are still cautious.
• Among the list of things which buyers are concerned about employment remains a key worry.
  Interestingly, concerns have grown about the availability of listings

To view the full report, click here.

Auckland median sale price movement over last 5 Years (June 2020 – June 2025)

Graph is based on statistical data published by REINZ.

For Rent

10 Asics Drive, Favona, Manukau City, Auckland

$650 Per Week

3 beds, 1 bath

813 Waitakere Road, Kumeu, Rodney, Auckland

$570 Per Week

2 beds, 1 bath. 1 car

4 Takapu Street, Henderson Valley, Waitakere City, Auckland

$650 Per Week

3 beds, 1 bath, 2 cars

3/105 Hobsonville Road, West Harbour, Waitakere City, Auckland

$690 Per Week

3 beds, 2 baths, 1 car

4/56 Connell Street, Blockhouse Bay, Auckland City, Auckland

$850 Per Week

4 beds, 3 baths, 1 car

Our Partners

19 June 2025

NZ see’s another month of rental fall

Trade Me reported in their Property News and Advice blog post, on 23rd May, that New Zealand’s national median rent fell for the second month in a row. While the weekly median rent stayed steady in February, it dropped by 0.8 per cent in March, and saw another drop in April. This has contributed to an overall year-on-year decrease of 3.1 per cent.

To view the full article click here.

This decrease in rents has also been experienced by us as we have tried to rent out vacant properties over the last one year. In most cases we have had to decrease the asking rent to a level below last year’s rents to avoid the properties from remaining vacant. In one particular case where the tenant was paying a rent of $520 per week for a one bedroom apartment in Mount Eden, they informed us that a two bedroom apartment next door was being advertised for the same rent. We had to reduce the rent to $480 per week to retain the tenant.

Market for residential property sales remains slow

As per the latest REINZ May 2025 property report, the data shows a 3.5 % decrease in the Auckland median sale price, compared to the same period last year and a 3.3% increase in the sales count. Compared to the previous month, the Median Price is down 2.5% and Sales Count is down 0.6%. REINZ reports that there is a lack of confidence in the current market.

To view the full REINZ report, click here.

Property Investor Insights May 2025

Economist Tony Alexander shares his insights in his latest Property Investor report, which compiles the response he has received from 296 property investors. The results show the following:

• A record net 33% of landlords are now finding it hard to get a good tenant. A year ago, a net 14% found it easy.
• Deep concerns remain about insurance costs and council rates.

To view the full report, click here.

NZHL Property Report April 2025

Economist Tony Alexander shares his insights in his latest NZHL Property report, which compiles the response he has received from 263 real estate agents. The results show the following:

• Fewer people are attending open homes and auctions, and more agents report that overall house prices are falling.
• A strong buyer’s market is in play however buyers are holding back amidst continuing worries about employment.
• The positive impact on the housing market of falling interest rates appears to have run its course for now.

To view the full report, click here.

Auckland median sale price movement over last 5 Years (May 2020 – May 2025)

Graph is based on statistical data published by REINZ.

For Rent

16 San Casello Rise, Henderson	4/56 Connell Street, Blockhouse Bay
$750 Per Week	$875 Per Week
4 Beds, 2 Baths, 2 Cars	4 Beds, 3 Baths, 2 Cars

25 B Barrack Road, Mount Wellington	5 Pihoihoi Place, Hobsonville
$690 Per Week	$865 Per Week
3 Beds, 1 Bath, 1 Car	4 Beds, 2 Baths, 1 Car

Our Partners

28 April 2025

The Market – A mixed report

As per the latest REINZ March 2025 property report, the data shows a 2.8 % decrease in the Auckland median sale price, compared to the same period last year and a 9.8% increase in the sales count. Compared to the previous month, the Median Price is up 3.8% and Sales Count is up 25.6%. REINZ reports that there is hope that the market will improve in a gradual incremental manner.

To view the full REINZ report, click here.

Property Investor Insights April 2025

Economist Tony Alexander shares his insights in his latest Property Investor report, which compiles the response he has received from 275 property investors. The results show the following:

• The interest of existing investors in buying another property is falling away rapidly.
• For those who are planning another purchase there is decreasing interest in buying a new-build.
• Landlords are experiencing deep difficulties in finding good tenants.

To view the full report, click here.

NZHL Property Report March 2025

Economist Tony Alexander shares his insights in his latest NZHL Property report, which compiles the response he has received from 259 real estate agents. The results show the following:

• Stock levels are high, and buyers know this – feeling they can pick and choose and take their time.
• Prices overall appear static, and some concerns have appeared around prices falling.
• Townhouses are not in favour for many buyers according to written comments submitted by agents.

To view the full report, click here.

Auckland median sale price movement over last 10 Years (Mar 2015 – Mar 2025) 

Graph is based on statistical data published by REINZ.

For Sale

So Much Land!

Kiwi bungalows like these are fast disappearing. This one is being put on the market for the first time since it was built for a young family. It was built solid, with real timber weatherboards, and a concrete tile roof. The house holds so many fond memories for the vendors, but they have moved on and are keen to get a quick sale.

Fully renovated from inside, with new paint and floor coverings throughout. Weatherboards, baseboards, doors and windows all just repainted. Completely rewired, with a new switchboard. New kitchen cabinets with soft-close doors and drawers, engineered stone benchtops, all new appliances. New shower, vanity, toilet and laundry tub. New hardware on doors and windows.

3 bedrooms, good size separate lounge, good size dining/ kitchen area, bathroom with shower and vanity, separate toilet and separate laundry.

Great indoor-outdoor flow from lounge to a large new deck and lovely garden in front with fruit trees and flower bed. Big backyard with a concrete pad on which a double garage can be built, with Council consent. And heaps of parking space.

Property complies with the Healthy Homes Regulations.

Zone: Business – Local Centre Zone.

Walking distance to all amenities – playground, school, kindy, supermarket, railway station, bus stop, library, medical centre, bakery, takeaway, church, mosque.

For more details, click here.

For Rent

30A Godley Road, Green Bay, Waitakere City, Auckland

$850 Per Week

5 Beds, 3 Baths

5 / 26 Carrington Road, Point Chevalier, Auckland City, Auckland 

$600 Per Week

2 Beds, 1 Baths

Our Partners