EP: 200•
In this episode, Micky Limmer from Bayleys Canterbury joins the show to talk about the current dynamics of the Christchurch property market.
Micky mentions that the Christchurch property market tends to move in 5-year cycles, based on data crunched by Knight Frank, a valuation agency. From Micky's view, the Christchurch market has been flat for the last 3 years and he is seeing pent up frustration that is leading to house price inflation.
More people are turning up to open homes and to auction rooms. And in those auction rooms, bids are getting higher.
Most critical to this pent up frustration is the idea that Christchurch is becoming a 'viable option' for Cantabrians who moved away from Christchurch during the Canterbury earthquakes.
The city is developing, becoming more magnetic and attracting these people back into the city from Auckland and overseas.
This is not just because Christchurch is affordable relative to the rest of the country – Christchurch is the 12th most affordable city in New Zealand, yet it is the 2nd largest city – but also because of its typography.
The city is flat and by beaches and opportunities for outdoor activities surround the city. The Lyttleton port is 15 minutes drive from the centre of town, as is
EP: 2015
In this episode, we discuss how to deal with bad neighbours. That includes one case where a tenant's neighbours were threatening to poison their dog. We talk through who to call in different situations and a few case studies of when neighbours truly are at war.
Want to become a successful property investor? Opes+ is your one place to run numbers on all your investment properties.” Check out the new app here.
EP: 2014
In this episode, we discuss the exact process to get a mortgage top up. That includes what you can use a mortgage top up for, who you need to talk to, and different ways you can set it up. Ultimately, property investors can use this information to decide whether a mortgage top up is right for them.
Looking to calculate and compare your mortgage repayment options? Use our mortgage calculator to find out your potential monthly payments.
EP: 2013
In this episode, we discuss what middle class really means in New Zealand.
This includes how much income and wealth you might need to be considered middle class.
And if you're not middle class ... what are you?
Want to become a successful property investor? Opes+ is your one place to run numbers on all your investment properties.” Check out the new app here.
EP: 2012
In this episode, we are joined by Laura to discuss how she went from 0 to 5 properties in just over 5 years.
That includes how she did it starting on a single income and is now just 32 years old.
She shares the highs and the lows and some of the mistakes along the way.
Inspired by today's case study? Find out if you can afford an investment property with our quick quiz.