We are Finalist to Excellence in Strategy and Planning in Westpac Business Award 2018

  If Oscars were given for a job well done, I’d nominate ourselves! Congratulations to us on our fantastic achievement! After three months of hard work, we were proudly announced as a finalist to Excellence in Strategy and Planning of Westpac Business Award. The Westpac Business Excellence Awards take place all around the country, in conjunction with local Chambers of Commerce. They give all businesses the opportunity to benchmark their success against other local businesses, including those outside of their own industries. It is rare for a property management company to focus on its own strategy and planning and this

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METRO VIP OUT AND ABOUT

Dear reader, Who is Metro NZ Property Management, you may be asking yourself. The easy answer would be a twenty-one-year-old nationwide overly experienced investment and property management company based in Auckland, New Zealand. In honesty, this company is SO more than just that.  We are a group of people that have been in the business long enough to understand the needs and wants of people like you. We are all about values. We manage and invest in property with honesty and integrity and we will always have our client’s best interest at heart. Most of all, we are a family

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THE NEW INSULATION POLICY

Dear Reader, GOOD NEWS FOR ALL AROUND NEW ZEALAND: STARTING ON THE FIST OF JULY NEXT YEAR, INSULATION IS COMPULSORY IN ALL RENTAL HOMES AROUND THE COUNTRY. New Zealand is well known for the fact that most rental homes have minimum care about insulation, specially in the colder regions down south like Dunedin. The government of New Zealand has approved a new insulation policy which says that rental homes will compulsorily have underfloor and ceiling insulation, and it is coming in place on July 2019. Property managers are aware of the new changes and even though the policy will only

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MARKET TRENDS FOR PROPERTY MANAGEMENT

Dear Reader,   It is clear that as time goes by, society changes and with time their wants and needs also change. This post will explore what are some relevant global market trends for property management in 2018. The next twelve months will show a few changes in the field and the most relevant ones are as it follows.   Technology orientation According to R. Braun (2018), property management firms should be investing in more technology. Embracing the era of digitalisation and automation will mean that much more will be done faster and things will be done better. The rate

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WHY SHOULD YOU HIRE A PROPERTY MANAGEMENT COMPANY?

Dear Reader, As a landlord, managing your own property can be quite tricky. There is a whole lot of factors that need to be met, things that need to be done and or amended. Property managers are very aware of everything that needs to be done with a wide background of experience and a lot of answers and resources. Here at Metro NZ Property Management, we have twenty-one years of experience that will most definitely help home investors, be it your first time or not, to actually get the best value out of your property. In summary, according to R.

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THE NEW FOREIGN BUYER BAN BILL

  Dear Reader, December last year was filled with changes in the New Zealand Government. A bill that would amend the current overseas act was introduced to revise the Overseas Investment Act. The current act applies to  sensitive land, but not residential land. The new bill would fit residential land within the category. According to Housing Minister, Mr. Phil Twyford, the government is determined to make New Zealanders first time buyers able to buy their first home without the competition of foreign buyers. Our property managers have been working hard to make sure our clients get the best out of

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Is Buying a House Risky?

According to QV.co.nz, the Average Value in March 2017 is higher comparing to the Average Value in March 2016. In terms of the whole Auckland Area, the Average Value is now $1,045,365 and was $931,061 at the same period last year. It is never too late to buy a house, no matter it is for investment or for your own home. Regarding to Stuff.co.nz, the typical value of a first home on Auckland’s North Shore is now $777,000. In Hamilton, it is $469,750, in Wellington, $592,300 and Christchurch $382,250. That means, even with a 20 per cent deposit, buyers are

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Auckland ranked 8th most liveable city in the world

Despite its record high property prices and traffic issues, Auckland has been ranked the world’s eighth best city in the latest 2016 liveability rankings released by the Economist Intelligence Unit. Auckland improved one spot from last year, and is now ranked ahead of Helsinki and Hamburg. Melbourne remains the most liveable of the 140 cities surveyed, followed by the Austrian capital Vienna. The global liveability survey gave cities a rating which represents the challenges they present to lifestyle of people living there. The unit scored each city across five broad categories: stability, healthcare, culture and environment, education and infrastructure. Worldwide

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Surging migration and Auckland’s property price boom

New Zealand’s population increased by nearly 100,000 people in the year to June, it’s biggest annual increase ever, with most of the rise coming from migration. Statistics New Zealand estimates this country’s population grew by 97,300 in the year to June, taking the total population to an estimated 4,693,000. “The last time we experienced population growth over 2% was in 1974, and before that, at the peak of the baby boom in the 1950s and early 1960s,” Statistics NZ senior manager Jo-Anne Skinner said. There has also been a massive increase in the number of Britons and Americans planning to come

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AUCKLAND – HOTTEST PROPERTY MARKET IN THE WORLD RIGHT NOW

Auckland is becoming the hottest property market in the world. A third of the population (1.3 million people) of New Zealand are now living in the city of sails. The QV House Price Index for August saw the average value for homes in the Auckland region reach a new milestone by topping $1 Million – $1,013,632 to be exact. This is a huge increase from the average house price of $500,000 ten years ago. New Zealand has the second highest rate of house price inflation in the world at 11.2%, according to Knight Frank’s Global House Price Index. Only Turkey

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Modern 1 Bedroom Apartment – CBD

This modern 1 bedroom apartment in the city centre has just been rented. We have a second apartment available in the same building. Fabulous location for an easy stroll into central, K Road, Ponsonby, waterfront, theatres, restaurants, cafe’s, markets, Uni and all that our city has to offer. This apartment is sound proofed for that quiet inner city living. Features include: Indoor lap pool gym, steam room, white ware including brand new fridge, washing machine and dryer. Be quick though – this property won’t be around for long. Call, text or email SARAH on 021809503 / [email protected]

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