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Pedersens News

Pedersens News

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Are larger rental properties in Auckland the next emerging trend?

By Tennille Pedersen on July 27th, 2017.

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The latest June Trade Me statistics show an emerging trend in Auckland for the growing demand of larger 5+ bedroom dwellings with the median rent being $850pw and up by 13.3%. When you compare this to the traditionally popular 3 to 4 bedrooms which only had an increased growth of.....

 

Auckland Council Offers Funding for Insulation

By Tennille Pedersen on July 22nd, 2017.


Great news for Landlords, Auckland Councils Retrofit Your Home Programme will now allow Owners to have the insulation costs of up to $5,000 included in their rates and paid off over 9 years. There will be an interest rate applied of 6.60%, although you can make additional payment and pay off the balance earlier without.....



 
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Auckland rents rise only 1.9% in the last 12 months

By Tennille Pedersen on July 6th, 2017.

According to the latest Trade Me statistics Auckland rents on average have only increased by 1.9% over the last 12 months being May 2016 to May 2017. 

The average rent recorded in Auckland for May 2017 is now $530pw compared to the national average rent of $390pw excluding Auckland....

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Property Investor & Landlord Free Webinar

By Kris Pedersen on July 6th, 2017.


With increasing regulations and a tighter credit market, property investing is a different ballgame than previously. No matter which part of the property cycle we are in, there is always opportunity for those who know how to correctly approach regulation changes.

 
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Residential Tenancies Amendment Bill (No 2) – What you need to know

By Tennille Pedersen on July 6th, 2017.

The Residential Tenancies Amendment Bill (No 2) which has just past its First Reading in Parliament is addressing the issues of methamphetamine, the extent of a Tenants liability for careless damages and heavier penalties for Landlords renting out unlawful....

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What's new at Pedersens

By Tennille Pedersen on July 6th, 2017.


Kris and I made the decision late last year to undertake the journey of recruiting what we felt would be a high performance property management team that would deliver our company’s objectives of providing our owners with an exceptional standard of service.
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LPMNZ Property Manager of the Year - Finalist

By Tennille Pedersen on December 21st, 2016.

We are very proud to report that for the 3rd year running Pedersens was nominated for multiple awards of excellence at the Leading Property Managers of NZ annual awards evening. Anne Garland was a finalist for Property Manager of the Year 2016, the same award for which she won in 2014.  Pedersens was also for the 3rd time a finalist for Website of the Year.

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Auckland Rental Update - December 2016

By Tennille Pedersen on December 21st, 2016.


Rents in Auckland according to the latest Trade Me property statistics has seen rents in Auckland increase by 3% compared to the previous year, with the median rent increasing by $10 per week to $510.....
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Pedersens 3D Virtual Property Tours

By Tennille Pedersen on December 21st, 2016.

Pedersens are extremely excited to announce that we now are offering 3D virtual tours for available properties for rent. This cutting edge piece of technology allows prospective tenants to interact with the virtual space of the house, at their leisure, getting a feel for the property and checking ......
 

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Rental Market not going at same pace as Housing Market

By Tennille Pedersen on September 14th, 2016.

While newspapers and other mainstream media seem to print the same articles every day about the ongoing rise in house prices data shows that rental increases are much more modest. The Trade Me Rental Index showed only a $10 rise on the median prices across NZ in the last 12 months to .....

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Auckland Rental Market Update – May 2016

By Tennille Pedersen on May 25th, 2016.

While the Auckland property market has definitely shown signs of kicking back into gear with auction results returning to something similar to what we were seeing in 2015 and we anecdotally are hearing some houses again are selling for well above expectations the rental market has not been quite as buoyant. Since daylight savings it has .......

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What's new at Pedersens

By Tennille Pedersen on May 25th, 2016.

Pedersens REINZ Accredited

In other news, Pedersens last year was one of the first property management companies to be acknowledged by the REINZ.....

Our Takapuna Office

It’s hard to believe but it’s been now almost a year since we moved into our new Takapuna premises. Having the presence of an office in a high visibility area has made a huge difference to not only the increased interest from.....
 

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Is Your Rental Property Compliant to the new Legislative Changes?

By Tennille Pedersen on May 24th, 2016.

Over the last few months there have been several significant legislative changes that have had a major impact on Landlords and their .....
 

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Watercare - Fixed Charges Update

By Tennille Pedersen on May 24th, 2016.

Watercare have just announced that landlords and property managers can now pay for the fixed charges on their water bill as an upfront payment once a year in July .....

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Should I Meth Test my Property?

By Tennille Pedersen on May 24th, 2016.

Meth in rental properties is currently a big topic of discussion with many varying opinions. More and more we are seeing tenants who are better educated about the serious health effects of .....
 

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