PROPERTY MARKETS

Auckland

Auckland is New Zealand's economic powerhouse, contributing 38% of the nation's GDP and with this booming economy Auckland provides multiple opportunities to grow and develop investments across a range of sectors including real estate.

The city is home to the vast bulk of multi-national and national head offices in New Zealand with almost 40 per cent of residents were born outside of New Zealand. Recent years have seen enviable growth in population due to significant increase in net migration as the rest of the world and returning Kiwis have come to appreciate what Auckland has to offer and have made the city their home.

Days to Sell

32

Median Price

$1,150,000


12 Mo Price Trend

+25%

12 Mo Rent Trend

+$17 p/w (3br)

Last updated: July 2021. Sources: Tenancy services & REINZ.

Auckland at a glance

Population 1,699,900 (2018 census)
Forecast Population 1,990,100 (2028) and 2,222,700 (2038), source Statistics New Zealand
Tertiary Education The University of Auckland
Auckland University of Technology
Massey University & many others
Main Industries Food & Beverage, Information Communications Technology, Tourism, Construction and Engineering, Manufacturing, International Education, Marine
Ports and Rail Ports of Auckland
Kiwi Rail
Air Auckland Airport
Public Transport Auckland Transport Bus, Train or Ferry

Suburbs in Auckland

About Auckland

To support the significant growth and population increase, Auckland Council and the Government have undertaken several infrastructural projects such as City Rail Link, Light Rail Project (ATAP) between City Centre and the Airport.

The job opportunities created as a result of such growth expansion and unemployment at 4.5 per cent, one of the lowest levels in the past decade there is a significant pressure on housing solution. Unfortunately, due to poor housing planning by the Council, Auckland has seen a property boom that is driven by high immigration, a severe lack of supply and record low interest rates. Developments simply can’t be built quick enough, which makes for an exciting time in the region's growth and expansion towards a modern city.

High entry barriers to home ownership has retained a strong and consistent demand in rental properties across Auckland specially with properties located in growth areas and close to transport hubs attracting premium rents.

With median Auckland house price soaring about $405K between 2007 and 2016 high yields are hard to come by although the huge demand and lack of properties has resulted in great capital gains and your odds of an extended vacancy period are minimal. Good returns can still be had, particularly with investors willing to be creative, while buy and hold is a viable strategy as the city adapts to the stunning population, infrastructural and economic growth.

How to Invest in Auckland

iFindProperty is a licensed real estate agency and we cover all of the Auckland region. We believe we are the best in the business at helping others buy, or sell, Auckland Investment Properties.

  • Premium Buyers Service: Engage our Auckland Property Investment Specialists, Kunal and Shah, to hit the pavement and find a property that meets all of YOUR criteria. 
  • Property Listings: We advertise Auckland listings for sale by email. Join our mailing list for free.
For Vendors

iFindProperty runs a full-service property sales operation. Work with an agent who understands property investment and how to market your property to other investors, in a way that doesn't upset your tenants!

Please contact Kunal and Shah below or enquire through our website.

The Auckland Team

Kunal Mehta

Licensed Salesperson
REAA 2008


Shah Khambatta

Licensed Salesperson
REAA 2008

"We had a GREAT experience working with Shah from iFindProperty. Having Shah gave us the confidence to purchase our first IP and we think working with him in particular made the whole experience enjoyable, non-stressful, and calm. Buying an IP is a big commitment and although we already knew what we were after, we would not have had the confidence on our own. We are SO THANKFUL we had Shah helping us and we 100% recommend getting in touch with iFindProperty to see how they can help you start your property investing journey"
- Vivienne Princis
"I decided to enlist the services of a property finder after becoming frustrated with Real Estate agents, who seemed more interested in promoting whatever they had on their books, rather than listening to my personal investing goals. iFindProperty gave some very sound personalised property advice and explained the purchase process very thoroughly. I had some reservations initially about not purchasing the property in the 'traditional' way, but once the process got under way it all went very smoothly. Even taking the finder's fee into account, I purchased an Auckland apartment below it's market valuation, and with the help of iFindProperty am planning to do a renovation and get some new tenants in at a higher rent, all from my base in Hong Kong. I have no hesitation in recommending iFindProperty and will definitely enlist their services again in the future."
- Travis Taiaroa

Related Articles.


Case study on how an iFindProperty client who is used to personally inspecting every property, leveraged a buyers agent to invest sight-unseen from overseas in one of the hottest Auckland markets in history.

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