The Blog

Owning a rental property can be an excellent investment, but inevitably comes with its own risks. One significant risk that landlords face is the loss of rental income due to unforeseen circumstances. This situation has become more apparent than ever due to the recent national weather events experienced across New Zealand. Loss of rental income […]

If you are looking to upgrade your property, don’t let the doom and gloom sentiment get you down. It is actually easier and financially better to upgrade when prices are falling. Conversely, it’s better to downgrade when prices are rising for the same reason. As an example, using round numbers: If you own a $1 […]

With the silly season almost here and Christmas day looming, it’s time for many of us to hang up our work boots and head off for a much-needed holiday. While the Christmas / new year break is something we long for all year, it’s also the year’s highlight for those pesky burglars. Making time to […]

For most New Zealander’s owning a home is part of our DNA, whether that’s an apartment, a house in the suburbs or a plot of land in the outskirts. Buying a property is a big deal and it might only be one of a few times you do it in your lifetime. Also, it will […]

Over quoting Since Adam and Eve decided to sell their house, real estate agents have been over-quoting the expected sale price to win listings. In a rising market, over-quoting does minimal damage to sellers as the buoyant conditions patch the gap between the agents quote and the true market price. In a falling market, the […]

Being a residential landlord has always been one of the favourite Kiwi forms of investment. Historically it has provided a good long-term return on investment and has also played a big part in providing housing to those who need or choose to rent. New rules have been put in place over the past few years that […]

The property market is feeling the full effects of increasing interest/mortgage rates with many prospective vendors finding themselves wrestling with the decision of whether to sell in winter or wait until spring. Traditionally stock levels are tight in winter and usually expand rapidly from August onwards as spring beckons. It remains to be seen if […]

In a rising market, vendors can over price with minimal risks in doing so. However, in a stable or falling market, over pricing often leads to underselling. The opposite is also true, if you price at market price, you increase the chances of selling above market price – even if the market is falling or […]

Iron Bridge Property Group is pleased to announce that we have partnered with renowned independent economist, Tony Alexander, to bring you an exclusive insight into his thoughts and predictions on property investment in New Zealand. Created especially for our clients, this 1-hour webinar is an opportunity to hear Tony speak about the important issues currently […]

The Government last week announced a very important date for investors of new build investment property – 27th March 2020. Any property newly built with a Code Compliance Certificate (CCC) dated after the 27th March 2020 will be allowed to have the interest charged on any borrowings on the property to be deductible for 20 […]

To avoid buyer’s remorse on settlement day, identifying the following presentation tricks can ensure you are not swept up in emotion and inadvertently overlook pertinent aspects of the property. Undersized furniture is a developer’s favourite. If and when the final dwelling design creates small bedrooms or tight living spaces, appropriately proportioned furniture will be installed. […]

 The real estate industry has convinced itself and the marketplace that the more exposure a property gets during the selling process, the better the outcome. Paying for exposure through expensive advertising presents two dangers: the loss of any upfront monies paid and the real possibility of an eventual lower selling price. It is commonly said: […]

Body language expert Allan Pease suggests individuals form up to 80 per cent of an opinion within four minutes of meeting a new person. Much of the future relationship is based on these first impressions. Pease states that these first impressions are based on appearance. The first and lasting impression is visual. Poor first impressions […]

Now that we have had time to reflect on the impact of these announcements, we thought you would appreciate our view on things going forward. There has already been some great commentary written about the changes and we have included some links for you to review. The main five points however: Nearly $4 Billion to […]

Is it better to buy or sell first? Even though the property market is buoyant at the moment, some sales campaigns can take longer than expected and can also produce a lower price than hoped for, for a range of reasons. If you buy before selling in the expectation that you will sell for top […]

Buying a property can be an expensive process, together with it being an emotional roller-coaster. For many buyers, buying a house can come at a hefty price so don’t be caught out by rookie mistakes. The following five tips might just save you many thousands of dollars in today’s market. 1. Use a lawyer A […]

You’re looking to buy a new home. You know what you want. You know the areas that suit you… but do you know how to minimise the nail-biting, emotional and financial roller coaster ride that so many buyers experience? Even the most seasoned real estate buyer has been known to make mistakes. So, before you […]

Buying a home can be one of the biggest decisions you make for your financial future. Just saving for a deposit is a tough challenge, particularly if you live in Auckland. When purchasing a property it is important you carry out your due diligence, and a key part of that is getting a LIM Report. […]

When it comes to the property market, we could take some useful lessons from our neighbours across the Tasman. One policy adopted by the real estate industry in most Australian states is the outlawing of ‘bait pricing’ or underquoting. Despite the softening in the New Zealand real estate market, this despicable practice is rife. Could […]

Auctions are high pressure affairs and this is why if you are looking to buy at an auction, you must be prepared. For the inexperienced, it can be dangerous.  But the reality is if you want to buy a home, especially in the current Auckland market, auctions are hard to avoid. So, to give you […]