Waiheke Marketplace : October 3rd 2012
www.waihekemarketplace.co.nz 19 WAIHEKE MARKETPLACE, OCTOBER 3, 2012 Yckjgmg Hktuv Pcvkqpcn Nvf OTGKP¥ firstname.lastname@example.org www.waihekefirst.co.nz 594 8483 Nkegpugf wpfgt TGCC 422: TOP STREET, TOP LOCATION -- 9 Fisher Street Make an appointment to visit this large rambling family home well elevated to capture sea and urban views over Surfdale and back to Oneroa Beach. Sited on 1124m² section, this three bedroom home has lots of family spaces including a second lounge, plus a sunny conservatory leading onto a northwest entertaining deck. Single garage and workroom a real bonus. Lots of opportunity to add value and make this your own, or retain as a rental investment with the current tenant paying $430pw. Don't miss this opportunity!! Come and visit at the OPEN HOME this Saturday. PRICE $505,000 ID INTERNET 1907679 OPEN HOME Sat 1-2 pm AGENT MALCOLM CROAWELL AREINZ 027 273 1954 AH 372 5657 email@example.com OPEN HOME 4789552AA Licensed Salesperson under REAA 2008 We put you first Confident investors are looking to buy Property investors are confi- dent and looking to buy more property amid signs of new life in the housing market, according to the 2012 ANZ Property Investment Survey. The survey reveals that investors are taking a long- term view, with almost nine in 10 planning to keep their existing property for the long haul. Sixty-one per cent plan to buy more property, with 49 per cent intending to buy in the next two years. The proportion of larger investors with seven or more properties is up, along with evidence that the market is now seeing a greater pro- portion of professional investors. ANZ s general manager Specialist Distribution, Craig Moffat, says: Property investors are clearly upbeat about market prospects but they are realistic and taking a long-term view. This survey gives further evidence that they understand the new dynamics of property invest- ment. They are treating it as a business and focusing on cashflow and managing risk, rather than counting on big capital gains. This prudent approach is also seen in the fact that less than a quarter of respondents have increased their debt/ value ratio in the past year. More investors now expect rents and property values to rise in the next year. But their long-term expectations remain realistic. Over the next five years, the average investor expects both their property value and rents to rise by 6 to 10 per cent. The annual survey of prop- erty investors throughout New Zealand, run in conjunc- tion with the NZ Property Investors Federation, asked about issues affecting the residential property market and where investors see the sector heading over the next year. This year s survey received 1800 responses -- matching last year s record turnout. 2012 ANZ Property Investment Survey -- key findings 85% of property investors expect rents to rise in the next year, compared with 80% in 2011; 87% expect their property value to increase, up from 71% in 2011 Over the next five years, the average investor expects both their property value and rents to rise by 6-10% 61% of property investors plan to buy more property, with 49% intending to buy in the next two years The proportion of small- scale investors with up to three properties has fallen (to 52%, from 62% in 2011). A rising proportion are now larger investors with seven to 10 properties (14%, up from 9% in 2011) and full-time investors with 10 or more properties (9%, up from 6%) 38% of investors say their debt/value ratio has fallen in the last year; 40% say it has- n t changed. Top reasons given for a lower ratio are higher princi- pal repayments due to low interest rates and a rise in property values Compared to last year, a greater proportion of investors say they have examined the insurance cover for their residential invest- ment properties as a result of the Canterbury earthquakes (37% in 2011; up to 48% in 2012) Holiday properties: 81% of investors do not own one. Two-thirds of those who do, have no plans to change its current usage as a result of changes to holiday home tax deductibility in this year s Budget Like last year, government regulations and tax changes are seen as the biggest risk or issue of being a property investor - this was cited by 37% of respondents.
September 26th 2012
October 10th 2012