News

Christchurch Flood Risk Zones May Be Expanded

April 2, 2014
When revised flood management maps were released in October 2012, nearly 2500 Christchurch properties were identfied as being at risk of flooding as a result of the city's earthquakes. As such, the Christchurch City Council will be expanding the flood zone by as much as 30% throughout the city. In these areas, all new homes and commercial buildings will be required to have their floor levels at a height that protects them from a one-in-200-year flooding event. Read the full article...

Why do Kiwis Pay Higher Mortgage Rates than Other Countries?

March 27, 2014
New Zealand's mortgage rates have been higher than most other OECD countries for over 20 years. This article discusses some of the reasons why.

Growing Demand for Mid Range Rental Properties

March 24, 2014
There is a growing demand for mid-range rental properties in the Christchurch area. Tenants are actively seeking properties in the $400 to $600 range. On the other hand, demand has slowed for properties that are renting at the higher end of $1000. We have a list of top quality tenants who are seeking properties, so if you're considering renting out your home or investment property, please get in touch with us to learn more about our property management offering.

Zoning Affects Christchurch Land Values

March 17, 2014
The recent revaluations have left some property owners a little confused and the issue appears to be around zoning. It appears the zoning of your property has influenced the land value, not just house sales in the area. This becomes interesting when your property has been 'tarred with a TC3 brush' because you are in the proximity to a river (even though you are 80m away from it and elevated 50m and sit on bedrock and the geotech engineer says this...

Christchurch Revaluation Rates Available Online Tomorrow

March 11, 2014
QV's revalutations will be revealed to ratepayers by mail over the next few days, and available online tomorrow. There is the opportunity to log an objection, but you have 6 weeks to do so

WOF for Rental Properties Kicks Off in New Zealand

February 21, 2014
Following up on our reports on WOF's for rental properties, the scheme will start with 500 Housing New Zealand Homes between now and July.

Christchurch Residential Property Market Update, February 2014

February 17, 2014
Market lift due to more than just property shortage There are a variety of reasons why the Christchurch Residential Property market has enjoyed such healthy growth since the earthquakes. Demand for residential properties continues to out strip supply, as more people arrive in Christchurch to work in the rebuild, plus people from the Red Zone looking to purchase replacement homes. Buyers are now much more motivated to make the deal happen. Another reason that hasn’t received much press coverage during the...

Meth Testing Proposed as Part of WOF for Houses

January 13, 2014
When buying a property, some of the things that will be forefront of mind will be to check land use in the area, research leaky building issues and, if you live in Christchurch, land zoning and EQC categories will be hot on the list. One of the things that may be furtherest from your mind is to get the home tested for meth use. The growing problems around meth use in homes has made the news again today with the Real...

Factors Influencing the Uptake of Rental Properties Previously Written Off by Insurance Companies

November 29, 2013
Some landlords are putting rental properties on the market that insurance companies had previously written off - what is influencing this?

Houses Earmarked for Demolition are being Rented to Desperate Tenants

November 28, 2013
Colin Young reported on the National programme yesterday that the issue of homes that were written off by Insurance companies being rented out was raised in a council meeting yesterday.
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