THE AUCKLAND RIPPLE EFFECT

Make the most of the Auckland Ripple effect

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The current property market continues to hold plenty of opportunity for the smart investor.

The ripple effect that we have been anticipating for some time now is definitely starting to take place with Auckland buyers now looking further afield to purchase their investments. This has been considerably moved along by the changes in LVR restrictions for Auckland properties.

Hot tips. Franklin, Tauranga and Hamilton prices are on the move up and expect this to continue over the next couple of years. Some agents are advising that over 50% of buyers in these areas are now from Auckland. Watch for these areas to have particularly strong price movement over the coming year. Auckland still has some life left in it, but it would definitely seem that it is reaching the height of this round of boom and we will see some tailing off in the rate of price increases over the next two years. Valuers in other centres have also noted that they are getting more buyers from Auckland getting in touch. So, expect this to grow as a trend.

 

There are some parts of the market that are now at tipping points price wise and it would be a good idea to get in touch with me and discuss your particular holdings. Sometimes selling is the best policy. It’s as simple as giving me a call or email. matt@propertyexperts.co.nz, 0800 239 325

Alternatively, there are some excellent investment opportuMattnities in the key growth areas at the moment, so it would be great to hear from you and discuss. matt@propertyexperts.co.nz

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