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Property investment is safe as houses
 

Welcome to Rentals.co's newsletter. 

David Faulkner had a message to Northland property owners when he delivered the keynote speech at the Rentals.co Landlords Evening on October 10: rent out your place! Brick and mortar houses remain an investment with better returns than many digital investments.

David very much sings the same tune as Rentals.co. We all agree that small ‘Mum and Dad’ investors shouldn’t sell up. Stick with an investment property and it’ll bring wonderful rewards.

Our guest speaker also chaired NZ’s first Build to Rent Conference in Auckland in September, where one of the highlights was an examination of a 230 apartment complex in Queenstown. 80 apartments there are being allocated as long term rental accommodation. David hopes NZ can have more Build to Rent projects approved. BTR is a great investment for any potential investor who took a long term approach to build for their retirement, the conference heard.

 

Population and port mean more renters needing places to live up North
 
 

Last year, Northland had some of NZ’s fastest-rising house prices. Now, we’re the fastest-growing region in the country. Whangarei appears to have hit 90,000 residents in its wider area, according to Statistics New Zealand’s figures from the Census. That’s just over half of the 179,000 people living in Northland.

One of the key reasons for the region’s good news is Northport. Thanks to some helpful government ministers, Whangarei’s is well placed to receive more freight including car imports, picking up Auckland’s slack. Combine that with an improved rail link between Swanson and Whangarei and the consequential growth in jobs, it all adds up to fresh workers coming into the city and needing places to live. These are perfect conditions for anyone wishing to make the most of their investment property.

Whangārei District Council’s CEO Rob Forlong pointed media to Marsden Point, Ruakaka and Mangawhai, areas which are nearing the population of Kaikohe. Forlong also pointed out Tikipunga, Maunu and Three Mile Bush have been noted as neighbourhoods where there’s been a big increase in houses being built.

Want to have a conversation about how to capitalise on it all and put a roof over the heads of some tenants?

Give Rentals.co a ring – 09 459 7139.  
From the team at Rentals.co
ph 09 459 7139

www.RentalExperts.co.nz
Our  location is:

9-11 Reyburn Street
Whangarei, Northland 0110.
P.O Box 5043, Whangarei
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Rental Experts · 9-11 Reyburn Street · Whangarei, Ntl 0110 · New Zealand

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