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August 2009 - Posts

JUST LISTED - Studio Apartment

INVESTMENT OR CITY PAD! Studio apartment seeking new owner - suit investors or owner occupiers. This apartment is currently rented at $230/wk and the location is popular with tenants. Alternatively if you are looking for a city pad it can be owner occupied.

Just Listed - Studio Apartment For Sale in Te Aro

Popular Martin Square Apartment Unit 301, 20 Martin Square, - OVERSEAS VENDOR SELLING INVESTMENT! Investment apartments such as this self contained studio are always sought after and remain popular with tenants due to its location – just a short


502, 169 The Terrace, Wellington Central * Large studio unit * Currently rented $270/wk * Central location Did you miss out on this property? Sign up for new listings direct to your inbox, receive notification before they are advertised in the Dominion


123 Barnard Street, Wadestown is now SOLD! 2 Flat Property: *3brms up rented at $475/wk *1brm down rented $300/wk *Harbour Views *Double Garage Property information
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15th Aug 09 - House Sales Sluggish But Hope Grows

Wellington house sales and prices were sluggish during July but analysts believe nationally the worst may be over and that housing prices are set to rise again. Read More
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Lessons From Australia's Housing Boom

Policy makers daunted by the idea of puncturing asset bubbles in coming years can learn from Australia's central bank, one of the very few to have deflated a housing boom without turning it into a crash Read More
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13 Aug 09 - English: Extra taxes possible to aid recovery

Finance Minister Bill English has again refused to rule out introducing some form of capital gains or land tax as Treasury officials seek policy tools to prevent a premature housing boom and an overvalued dollar blocking economic recovery Read More

Auckland house prices tipped to rocket

Auckland house prices will rise by almost 30 per cent in the next three years putting the city ahead of every other region in New Zealand, a study predicts. Read More

Bill English concerned about possible early housing boom

A premature housing boom would not be good for the economy and the Government will consider ideas, possibly a capital gains tax, to avoid one, Finance Minister Bill English says. read full article
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House prices to rise by 24pc.....

House prices in New Zealand will rise by 24 per cent over the next three years due to low interest rates and a shortage of new housing, Infometrics has predicted in a report prepared for mortgage insurer QBE LMI. Read Full article

QVRP - Wellington Region Update

WELLINGTON PROPERTY TRENDS Property values in the Wellington region declined by 4.0% over the past year (calculated over the three months ending July 2009 in comparison to the same period last year), a substantial improvement on the 6.5% annual decline

Property Values Rise Again

Property values have increased for the third month in a row according to the QV national residential property indices for July released today. Values are now 5.0 per cent below the same time last year, an improvement on the -7.1 per cent reported last

Capital showing healthy demand despite recession

Apartment living in Wellington is alive and well, despite the recession, say real estate agents. Demand on the rental side of the apartment market is enduring a bit of a winter lull, but was strong leading up to it and hopes are high that filming of The

Apartment Market Faces Finance Hurdles

First-time buyers might be having difficulty getting mortgages for inner-city apartments in Auckland, but Wellington's inner city is a good investment, a landlords' association says. Read More
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More people expect house prices to start rising again, a housing confidence survey for the 3 months to July shows. Read more
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Capital Gains Tax Debate Heats Up!

Increase GST or Capital Gains Tax....read more..... http://tinyurl.com/sst0908
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Bank to rate suburbs on value of properties

The Reserve Bank will soon be rating the suburb you live in, giving your home a score based on the value of your neighbours' property. Read more
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1D, 123 Molesworth Street, Thorndon, Wellington has been sold . If you are looking to buy a property in Wellington you maybe interested in an email service that advises all new listings for RE/MAX Leaders - usually sent Monday's and Fridays and you