The Southland Rental Market. We are pleased to report that the rental market in Invercargill remains robust, with a high level of interest from prospective tenants. In particular, 3-bedroom properties in the Hargest school zone continue to be in high demand. Below is SRE property managements enquiry numbers for the past 30 days. This month, we were delighted to...
Welcome to Autumn and where did the summer go. Down here in Southland we have managed to escape any major weather events. I think all the visitors we had to Invercargill for Burt Munro were even treated to a couple of stunning Southland days. The Southland Rental Market The number of houses available in Invercargill has dropped significantly with only 77 current rental houses listed on...
Once again Southland proves to be a strong performer for investors. In the latest REINZ Capital Gains and Rental Yield Report, Southland came up third overall for the greatest capital gains and rental yield. Capitalgains for the province was 12.2% for the last six months and second overall for rental yield at 4.4% downjust 0.1% from 4.5% this time last year. In this month's rent review...
Home Maintenance Boosts Buyer Appeal
Staying on top of house maintenance is tricky. Between work, social commitments, weather, family and downtime - it’s easy to let it slide. But when you’re putting your house on the market, it’s one of those things you just have to bite the bullet and put some energy into. To make it as stress-free as possible, make a list and tick it off one thing at a time. Before you know it,...
What You Need to Know Before Buying a Vacant Section
Wanting to build a home from the ground up? Buying a vacant section offers enormous potential to do all the things you’ve imagined for your dream home. However, it’s important to recognise it’s not as simple as just plonking a house on top of a piece of land or getting straight into the new build. From inspecting what services it has available, to checking if the ground is solid...
What to Expect in a Multi-Offer Situation
When buying a house, it’s not unusual to come by a multi-offer process. With the current state of the housing market, there is a shortage of supply, which means it’s a fair and reasonable expectation that you will find yourself in a multi-offer situation following the presentation of an offer. We’re also finding that there are a lot of houses for sale in the first home owner...