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Property market report

For the Love of Property

Kiwis have always had a special relationship with property ownership and this is especially true when the economic climate is a little uncertain and the yield from traditional sources fails to satisfy both economic and social considerations.

Many investors are collaborating with first home buyers directly or indirectly (by family or by consortium) and those considering an investment option at this time will not be too concerned with a 40% deposit loading as it is overlaid against their larger property portfolio.

The reality is that residential property still offers a strong yield and capital gain over time, and although some economists are speculating that gains in the future are tempered by low or negative growth, it still outweighs the reality of earning 1% or less in the bank (less tax).

At Mike Pero Real Estate we can offer free from cost a rental appraisal and a sales appraisal at one time, to allow you some options to rent or sell your asset. We also link directly with Mike Pero Mortgages which allows you direct access to financing, refinancing and insurance options.

All these services are supplied to you at no up-front cost, and give you strong peace-of-mind so that you may leverage your position to best effect.

So, before you engage with any old Tom-Dick-or-Harriet, drop me a text/email or call me on 0800 900 700 and lets have a chat about the best options and outcome for today and for your long term goal. Having a close relationship with a real estate agent has never been so important.

Recent sales values are:

Hobsonville Residential                           $800,000 to $1,665,000

Massey Residential                                  $551,000 to $1,400,000

Swanson Residential                                $900,500 to $1,150,000

Waitakere Lifestyle                                   $1,385,000

West Harbour Residential                        $730,000 to $1,560,000

Westgate Residential                               $610,000 to $1,120,000

Whenuapai Residential                            $1,210,000

Whenuapai Lifestyle                                 $3,250,000

If you would like a better real estate experience from a proven professional with over 16 years in market at the highest level, contact me today, Graham McIntyre, phone 027 632 0421 or - Mike Pero Real Estate Ltd Licensed REAA (2008).


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May 2021

the Westerly May 2021

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