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Pedersens News

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Latest Trade Me Rental Market Update - December 2018

By Tennille Pedersen on December 14th, 2018.

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Mr Clancy said the median weekly rent in Auckland has stayed put for the eighth month at $550, up 3.8 per cent on last year.

“After solid rent increases throughout 2017, the heat has come off the Auckland rental market. As we head into the New Year, lots of leases are up for renewal and students return before the university year kicks off, so we should see rents begin to rise again - particularly in the inner-city.”........

 

Media hype doesn’t back up the rental data

By Tennille Pedersen on October 12th, 2018.

Auckland rents are up again by 3.8% compared to a year ago and the median weekly rent has hit a record high of $550pw according to Trade Me’s latest market insights. This latest report also indicated that.....

 
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The Insulation Deadline is Looming – Is Your Rental Property Ready?

By Tennille Pedersen on October 5th, 2018.


Tenancy Compliance Investigation Team take ‘zero tolerance' policy to enforce new standards......


 

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Have your say on the proposed reforms to the RTA and the Healthy Homes Guarantee Bill

By Tennille Pedersen on September 27th, 2018.

As a Landlord make sure you have your say on the proposed reforms to the RTA and the Healthy Homes Guarantee Bill before it’s too late....

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New government – New expectations – New rules - Property Finance and Meth Webinar

By Kris Pedersen on June 15th, 2018.

What's happening in property finance, what meth testing levels should I be following, and what are my latest non-bank finance options?
 
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Does your rental property require an Asbestos Management Plan?

By Tennille Pedersen on April 27th, 2018.

Why Asbestos is an issue Landlords need to know about?

The Health and Safety at Work (Asbestos) Regulations 2016 states that if Asbestos is in the workplace, a plan is required for that workplace by the 4th April 2018.

 

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Are Auckland rents sky rocketing?

By Tennille Pedersen on February 15th, 2018.

Will rents rise in 2018?

In our opinion, the answer is yes they will. An under supply of new houses being built to meet the current demand, continued high levels of immigration, lending restrictions on investors and the new changes the Labour Government is looking to implementl....


 
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An early Xmas present from the Reserve Bank...

By Kris Pedersen on November 29th, 2017.

It’s not the relaxing to 70% that some investors had been expecting however the increase from 60% to a 65% threshold will in some cases be the difference in getting another property transaction across the line. That is the big news for investors in the Financial Stability Report which was released earlier this morning.

 

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Being a 2018 Landlord in a Labour led Government

By Tennille Pedersen on November 16th, 2017.

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.....
 

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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.....


 
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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.....

 
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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.....



 
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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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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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