Where can you put their money and get a good return?
Not in the bank, with term deposit rates generally below 2% and savings interest rates as low as 0.5%.
As a result, it’s not too tricky to find a bank-beating return on your investment. No wonder Kiwis are thinking they’d prefer to invest in the share market or a property. There’s been a big upswing in share market investing, as well as renewed interest in property investment.
Home loan interest rates are so low that it’s easier now to get a cash flow positive or neutral property than it’s been for many years. Apartments in central Auckland regularly come onto the market with a 6% return – occasionally the return will be even higher. If that’s what you’re looking for, our sales team will do their best to find you one. Listings are limited at the moment, but spring arrives at the end of this month and we typically see a bounce in listings during September and October. Get in touch and we can put you onto our lists. That way you get the first call when a property that suits your requirements is about to come onto the market.