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Why is property a good investment in New Zealand?
At First National Real Estate Success, we understand why property remains New Zealand’s most popular investment choice. It’s easy to understand, offers long-term stability, and has a track record of delivering reliable returns. Whether your goal is high rental yield in the short term or capital growth over time, property investment can help you build wealth and financial security.
Our team at First National Success is here to guide you through the process, helping you develop a tailored strategy and find the right properties to meet your goals. For first-time investors, we also recommend seeking professional advice to maximise your potential and ensure sound financial planning.
Why is Landlord Insurance important?
Landlord Insurance safeguards property investors from risks that could affect their property's value or disrupt rental income. It covers events like fire, flood, or theft, as well as unexpected repairs or damage caused by tenants. Additionally, it often includes protection against loss of rent if tenants fail to pay or need to be evicted, along with liability for accidental damage caused to others on the property. This insurance is strongly recommended to minimise financial risks and ensure peace of mind.
How are rental prices determined?
At First National Real Estate Success, we know that rental prices depend on various factors, including the type of property, its size, and its location within Christchurch and surrounding areas.
Our team offers free, no-obligation Rental Appraisals to provide you with an accurate estimate based on current market trends. With our expertise and local knowledge, we’ll help you maximise your rental income while ensuring your property stands out to prospective tenants. If you need ongoing support, our comprehensive property management services are here to make renting your property effortless.
How can First National Real Estate Success help with investment properties?
At First National Real Estate Success, our agents are local experts with in-depth knowledge of investment properties in Christchurch and the surrounding areas. We’re here to share our expertise and guide you in building your investment property portfolio. Get in touch with us today to start your investment journey.
How can I ensure I'm paying the right price for a property?
If you're unsure about the price of a property, it’s important to carry out the necessary research and obtain valuations to give you confidence in the price being paid. At First National Real Estate Success, we recommend getting reports such as a Land Information Memorandum (LIM), Builders Report, Title Search, and Valuation. You can make your offer conditional on receiving satisfactory reports. The total cost of these reports typically ranges from $1000 to $2000, depending on the property's location and size.
We also recommend doing your own due diligence by researching the local area and comparing nearby property sales. If you're buying in a competitive market, attend nearby property auctions to gauge demand and market prices. For further assistance, our local experts are here to help.