When the New Zealand real estate market dips, two of Hamilton’s top real estate agents say those in the industry need to do old school basics right to continue locking in sales and delivering value for their clients.

First time landlord? David Kneebone, General Manager of Lodge City Rentals, shares his advice on stepping onto the property investment ladder.

If it’s time to start investigating potential future suburbs and neighbourhoods, here are seven statistics to look into and where you can find them. 

The number of people attending Lodge Real Estate open homes in Hamilton jumped 35 percent in August, signaling the real estate market is waking up as first home buyers access finance and gain confidence.

First home buyers seeking alternative funding mechanisms will be pleased to see regional price caps have been removed from the Government’s Kāinga Ora First Home Loan scheme.

It’s been another busy month at Lodge City Rentals, with our team kept humming by fielding enquiries, holding property viewings and signing new tenancies. In exciting news for Hamilton’s growth: 35% of our July leases were signed to people moving from outside the city. This is the highest percentage we’ve ever seen.

A Hamilton landmark, the Old Lodge, situated in a prime location on Hamilton’s River Road is up for sale for the first time in 30 years, with Nigel Corkill from our Lodge Real Estate Commercial team marketing the building for sale by tender.

There’s no skirting around it. Self-managing a rental property is stressful, especially if you’re trying to fit it around another job. In the UK, a study found that 25 per cent of landlords found self-managing more stressful than they first anticipated. While a little stress isn’t a bad thing, too much can have an impact on your health, your relationships and your investment.

The Hamilton real estate market is going through a repricing, one agency recording the lowest sales volume for July since 2004 and vendors choosing to lower their listing prices as the market continues to weaken.

Figuring out what you should charge for rent for your Hamilton investment property doesn’t have to be a number crunching game. As an investor, you want to get the biggest bang for your buck, but you also want to stay within the market expectations for the suburb your property is in to attract tenants.