Thursday, 27 May 2021, 4:01 pm
Nationally,
first home buyers’ (FHB) market share in Q1 2021 was
21.5%, down from 24.8% six months ago and also the lowest
since Q1 2018, according to the latest CoreLogic First Home
Buyer Report. This hints at fatigue, with a growing struggle
to keep up with other buyer groups, ever-rising deposit
requirements and property values.
Perhaps contrary to
popular belief, the average age of FHBs has not risen
markedly in recent years. After dipping from 35 to 34 in
2017, the national average has held steady at that figure
ever since; FHBs in Auckland are 35 years old on average, 34
in Wellington and Tauranga, and even younger – 31 – in
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Article – Property and Build
Capital gains in the Manawatu/Wanganui region increased 25.3% for the three months ending December 2020 when compared to the same time last year with median prices going from $400,000 to $501,000.Additionally, yields in the Manawatu/Wanganui region were 4.0% thereby making it the standout region for residential property investors in New Zealand.
In second place in terms of providing strong returns for investors was the West Coast – the region that topped the list last quarter. The West Coast saw the highest yield in the country at 5.8% – the only region to exceed the 5% mark and the sixth highest capital gains in the country (up 20.2% from $209,000 to $251,200).
Article – Property and Build Capital gains in the Manawatu/Wanganui region increased 25.3% for the three months ending December 2020 when compared to the same time last year with median prices going from $400,000 to $501,000. Additionally, yields in the Manawatu/Wanganui region …
Capital gains in the Manawatu/Wanganui region increased 25.3% for the three months ending December 2020 when compared to the same time last year with median prices going from $400,000 to $501,000. Additionally, yields in the Manawatu/Wanganui region were 4.0% thereby making it the standout region for residential property investors in New Zealand.
In second place in terms of providing strong returns for investors was the West Coast – the region that topped the list last quarter. The West Coast saw the highest yield in the country at 5.8% – the only region to exceed the 5% mark and the sixth highest capital gains in the country (up 20.2% from $209,000 to $251,200).