Why More Kiwis Are Considering Building an Investment Property
Property investment continues to be a long-term strategy many New Zealanders are exploring as they look to build financial security and grow their wealth over time.
Recently, our Auckland South Home Sales Consultants, Laurene Lindor and Richard Clotworthy, hosted an investor evening alongside Barfoot & Thompson Property Management, bringing together people interested in learning more about property investment and the opportunities that building new can offer.
The evening explored several of the factors investors consider when evaluating a property opportunity, including long-term costs, tenant appeal, compliance requirements and the benefits of building new.
Here are some of the reasons more investors are considering building an investment property.
Lower Maintenance and Greater Peace of Mind
One of the biggest advantages of building an investment property is reduced maintenance.
With new materials, appliances and modern construction standards, investors can often avoid many of the repair costs and unexpected upgrades that can come with older homes. This can provide greater certainty around ongoing costs and allow investors to focus on the long-term performance of their investment.
Built for Today's Rental Market
A successful investment property is not necessarily the biggest home. It is one that has been thoughtfully designed around the needs of modern tenants.
Practical layouts, functional living spaces, quality appliances and durable materials all contribute to creating homes that are comfortable to live in and easy to maintain. Features such as open-plan living, good storage and easy-care exteriors can also help support long-term tenant appeal.
Designed to Meet Modern Standards
Another benefit of building new is that homes are designed to meet current Healthy Homes and H1 requirements from day one.
Modern homes are also designed to be warmer, more energy efficient and better ventilated, helping create comfortable living environments while reducing the need for future upgrades or retrofitting.
Taking a Long-Term Approach
The investor evening also highlighted the importance of taking a long-term view when considering property investment.
Factors such as location, population growth, transport links, schools and local amenities can all influence the long-term appeal of an investment property. Like any investment decision, careful planning and professional advice remain important.
At Platinum Homes Auckland South, we work with investors to create homes that are practical, durable and designed for today's rental market.
Whether you are exploring your first investment property or looking to grow your portfolio, building new can offer a considered and future-focused approach to property investment.
Further reading
One of the biggest differences between building on a lifestyle property and building in a suburban neighbourhood is how your home is serviced.
Buying a lifestyle block is about more than finding a beautiful piece of land. It's about choosing a property that will support the home you want to build and the lifestyle you want to create.
Designing your new home should be an exciting and inspiring experience. With our design and build process, you are not simply selecting a house. You are creating a home that reflects your lifestyle, your vision and the way you want to live.