WE'RE AVAILABLE (09) 486 4710 I Email

Pedersens News

Pedersens News

Email me when new posts are made to this blog

Being a 2018 Landlord in a Labour led Government

By Tennille Pedersen on November 16th, 2017.

 0 comments

The end of the year is fast approaching, 2018 is just around the corner and the New Year brings with it uncertainty, change and potential opportunity for NZ Landlords and Property Investors.

Auckland has experienced extensive capital gains over the last few years and we have now reached a stage where Auckland is considered to be very expensive and out of reach for a lot of buyers. From an international standard looking at household debt to income metrics, Auckland is considered to be on the extremely unaffordable end of the scale. The latest Auckland GV’s are due out any day now and they have just released data which show’s Auckland property values have on average increased by.....
 

Tenancy Tribunal wrecking ball decisions smashed unsuspecting Landlord

By David Faulkner on October 12th, 2017.

On the 27th April 2017 at the Tenancy Tribunal in Dunedin, adjudicator Wilson made a ruling on a case that has sent alarm bells ringing and many think the ruling was grossly unfair.....

 0 comments

Property Investors Respond To Call For Tighter WOF

By Property Blogs on October 6th, 2017.

Renters United, a tenancy advocacy party based in Wellington sparked a new discussion on PropertyTalk recently; namely their recent pre-election initiative asking all political parties to respond to questions on their housing policy. The answers were then published .....
 

 0 comments

How will the Election impact the property investment market?

By Kris Pedersen on September 21st, 2017.

Election time is less than a couple of days away and a lot has changed in the last 6 weeks with it being interesting to see if the ‘personality politics’ that worked so well for National under John Key also work with Jacinda Ardern taking the reigns over a.....


 
 0 comments

Are larger rental properties in Auckland the next emerging trend?

By Tennille Pedersen on August 1st, 2017.


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.....

 
 0 comments

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.....



 
 0 comments

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....

 0 comments

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.

 
 0 comments

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....

 0 comments

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.
 0 comments

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.

 0 comments

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.....
 0 comments

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 ......
 

 0 comments

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 .....

 0 comments

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 .......

 0 comments
Thinking about switching providers?

NO OBLIGATION DISCUSSION AND ADVICE AROUND YOUR CURRENT OR FUTURE RENTAL 
INVESTMENTS.