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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 August 1st, 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.....

 

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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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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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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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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Rental Market Update – Quarter 1

By Tennille Pedersen on March 9th, 2015.

Auckland house prices are continuing to grow strongly on the back of record migration and low mortgage interest rates driven by a combination of unexpectedly low inflation.....

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Rental Yield Update

By Tennille Pedersen on July 31st, 2014.


It is well worth for any investor (seasoned or novice) to have a read of THIS recent publication by ANZ’s Economic and market research team. From page 7 of the publication onwards they have done an update on rental yields across NZ....
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