Property – Great Barrier Island News

Property

Great Barrier Island Sees Surge in Luxury Property Demand

Great Barrier Island is increasingly being recognized as a prime destination for affluent buyers looking for secluded luxury, according to a recent article by Australia’s leading property website, AllHomes.com.au. The article highlights a growing trend among the rich and famous…

Property

Historic Naval House on Great Barrier Island Hits the Market

A piece of Great Barrier Island’s wartime history is up for grabs as the old Naval house, part of the Palmers Beach listening station established during World War II, has been listed for sale. This unique property, crucial in monitoring…

Property

Interest rate change that could add $70k to borrowers’ loans

By Susan Edmunds, Money Correspondent, RNZ Interest rates might be dropping, but borrowers still need to prove they can pay back their loans at more than 8 percent, at the country’s main banks. On Monday, two-year fixed special rates were…

Home Buying Becomes a Steeper Climb on Hauraki Gulf Islands

Home buyers eyeing property on the picturesque Hauraki Gulf Islands are set to face tough new financial barriers. As of 1 July, the Reserve Bank of New Zealand is setting new debt-to-income (DTI) ratios that will significantly impact what people…

Barrier Building Bonanza? Granny Flat Reforms Could Slash Costs Amidst Housing Crisis

No consent, no problem? 60sqm cabins could be built without red tape, easing the Barrier’s housing crunch. Photo / Eric Petschek / CC Great Barrier Island could soon see a housing boom, with new reforms set to make building cheaper…

Property

Seven Ways to Relieve Mortgage Pressure

By Susan Edmunds, Money Correspondent, RNZ A combination of higher interest rates and a sharp economic downturn are putting pressure on some homeowners’ budgets. While overall home loan stress appears to still be low, it is increasing. Reserve Bank data shows…

Property

Interest Rate Cuts Predicted as Property Values Stabilize

By Kymberlee Gomes, Digital journalist Analysis – Investors are capitalising on low property prices, and a major bank is predicting when interest rates will fall as house values continue to stabilise at much lower levels from the peak. Here’s what moved real…

Phil Spencer to Wrap NZ Series with Aotea Architectural Marvel

Phil Spencer explores New Zealand’s architectural treasures in his new series, ‘NZ’s Best Homes with Phil Spencer.’ Photo / TVNZ Phil Spencer, of Location, Location, Location and Love It or List It fame, is ending his latest series with a…

Property

Green Living: How Denser Housing Can Boost Biodiversity

Photo / RawPixel / CC By Yolanda van Heezik, University of Otago; Christopher K. Woolley, Te Herenga Waka — Victoria University of Wellington; Jacqueline Theis, University of Otago, and Maibritt Pedersen Zari, Te Herenga Waka — Victoria University of Wellington…

Property

Luxury Living in Paradise: Short-Term Rental on Aotea Great Barrier Island

Snap up this once in a lifetime opportunity to experience living on Aotea Great Barrier in paradise with no compromise on lifestyle or creature comforts. Looking at moving to Aotea Great Barrier Island? Keen to test the water before you…