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.