Local Market Updates and News

Nick, Peter and Suzanne hopped on a Webinar to discuss recent happenings with property and Covid-19 as the country prepares to exit level 4. We then dove into the Wellington market and look forward to see what life holds for the capital.

The recent escalation of COVID-19 is having a profound effect on the tourism industry in Rotorua as well as around the country. The increasingly imminent shutdown of most hospitality businesses in New Zealand means will be the loss of many hundreds of thousands of jobs in the short term.

I’m sure there will be two groups of investors out there; one will be excited the other terrified and worried.

Want to see what some of our investors have been buying? Look no further! Debbie shares a couple of recent deals in Rotorua.

Whangarei preparing for significant growth. Council proposing to permit high-density housing and a large number of projects are in the planning stages for Whangarei. Yields remain solid as rental shortage persists.

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