One of the best things about moving to New Zealand is going to be exploring your new country. Both islands offer unique slices of natural beauty that change from town to town, but never fail to take your breath away. Plus, when you’re all the way on the other side of the world – staycations might be the way to go! If you are keen to buy a New Zealand holiday home, this article is for you.
It’s no secret that the New Zealand property market has been on a downward track this past year, with house prices continuing to fall from late 2022. However, we’ve just received news that values in some of the wealthiest suburbs in New Zealand recorded a fall in value by (in some cases) up to $300,000.
If we told you that you could enjoy city living in a place where the sun shines, you can pop to the beach after a day’s work at your very well-paid job, and where property prices and rent are reasonable, would you be on the next flight? Today, we’re looking at what the wonderful city of Auckland offers to overseas buyers.
The Real Estate Institute of New Zealand (REINZ) has just announced that house prices have declined 12.7% in Auckland, the country’s largest city year on year, while the rest of the country fell 7.5%.
