News - Why Invest in New Zealand??

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New Zealand has established itself on the world stage as a superior property investment location.  Famous for its breathtaking scenery, clean green environment and friendly people, the benefits of New Zealand real estate go beyond its excellent financial gains.  The government has no major barriers for overseas investors.  In fact, it encourages foreign investment of New Zealand property to help meet the growing population's increasing demand for quality housing.

NEW ZEALAND PROPERTY MARKET

(1) New Zealand has the No.1 ranking for protecting investors globally (World Bank Group 2011)

New Zealand has established itself on the world stage as a superior property investment location. Famous for its breathtaking scenery, clean green environment and friendly people, the benefits of New Zealand property go beyond its excellent financial gains. At the same time, New Zealand is a dynamic first-world society with sophisticated cities and a vibrant arts and cultural scene. As a result of the 2011 ‘Doing Business Project’ by the World Bank Group, New Zealand has the No.1 ranking for protecting investors.

(2) A relatively untapped market - Property prices are comparatively cheaper than major trading partners (immigration New Zealand)

(3) Tax friendly nation - No stamp duty, mortgage stamp duty, land tax, property purchase tax, or capital gains tax

With its stable political and economic environment, NZ property offers a low-risk, yet profitable, option for overseas investors looking to diversify their portfolio. New Zealand is an investment friendly country with no stamp duty, mortgage stamp duty, land tax, property purchase tax, or capital gains tax.

The New Zealand property market has an opportunity to benefit from strong national population growth due to New Zealand’s progressive immigration policy and birth rates. Many parts of the country are experiencing housing shortages translating into strong tenant demand and price growth. For property investors, this represents outstanding potential growth in demand and return on investment.  September 2012 figures from Quotable Values show that nationwide values are up 1.8% over the past three months and 5.3% over the past year.

(4) Favourable exchange rates - NZ dollar has traditionally been weak against the Australian dollar, US dollar and UK Pounding Sterling, making the property market even cheaper for overseas investors (Reserve Bank of New Zealand)

New Zealand real estate prices are relatively cheaper than its major trading partners and most OECD countries. Offshore investment in this country is in its infancy, however, the level of interest is increasing as more and more people hear about the fantastic growth and income opportunities. The New Zealand dollar has traditionally been weak against the Australian dollar, US dollar and UK Pound Sterling. These favourable exchange rates make the New Zealand property market even cheaper for overseas investors.

(5) A Government that welcomes overseas investment

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AUCKLAND - THE CITY OF SAILS

Auckland is the largest city in New Zealand with a population of 1.37 million, and it is growing twice as fast as the national average. Auckland possesses a spectacular harbour and breath-taking beaches (25 in all) to go along with its featured Sky Tower, Harbour Bridge, and ritzy North Shore area. Land constraint in the form of picturesque water on each side of the Central Business District creates a vibrant inner city and very strong population inflows.

The property market in Auckland is thriving with forecasts including the city being home to over sixty percent of New Zealand’s population growth between 2011 and 2031, and nearly exceeding 2 million by 2031. 

With this influx of people comes high demand for Auckland real estate and rental property in particular, which will only continue to grow as the population soars. Auckland property investors are also set to benefit through a shrinking supply of development and new buildings in the city, expected to drive demand, and therefore prices, upwards.

Recent results have indicated this is the case with September 2012 values increasing a very impressive 7.2% over the past year and 2.8% over the past three months (qv.co.nz). August statistics released by the Real Estate Institute of New Zealand showed a record median price of $505,500, up 11.6% on August 2011.

WHY PURCHASE PROPERTY IN AUCKLAND

·   Over sixty percent of New Zealand's population growth between 2011 and 2031 will be in the Auckland region

1. ·         Auckland officially has over 33% of New Zealand's population
2. ·         Ranked third most liveable city in the world - 2011 Mercer Quality of Living Survey
3. ·         New record median prices and increased values reported
4.           The demand for Auckland rental property is exceeding supply

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The Chart below is the overview report from the Ministry of Business Innovation & Employment for your attention and refernece:

More properties projects in New Zealand are coming!!!

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