Time to Invest

The rental market is a great measure of the health and state of the real estate industry.

Here in Kerikeri, we are experiencing a simple case of low supply and high demand for housing, resulting in soaring rental increases; some between 15%-20%.

Below are a few tips on base improvements that can be made to substantiate the rental increases:

• Insulation – now required to meet certain standards, but also safeguards health and comfort
• Heat pumps/transfer system – for comfort, heating efficiency and keeping the home dry
• Car parking – depending on the location of the property, extra car parks are a real bonus
• A fully fenced section – security, privacy and child safety

Banks often look at the health of the rental market when assessing their lending criteria. So, whether you’re buying or selling, now is a great time to come in and have a chat with the REAL Team.