Aussies Buying in NZ & The $54M Price Reset | NZ Property Insights Ep. 12
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Are sellers finally meeting the market? This week, Paul and Debbie Roberts dive into new data showing $54.7 million was cut from New Zealand asking prices in just three months. We look at why the "expectation gap" is closing and what that means for your next negotiation.
We also tackle the rising hurdle of insurability—why "short memories" about flood risks are being replaced by a permanent shift in how banks and insurers view risk. Plus, find out why an Aussie influx is targeting New Zealand for both value and safety.
Highlights:
- The $33k Average Drop: Breaking down the 1,647 properties that adjusted their prices.
- Insurance "Future-Proofing": The critical IFSO ruling that places the cost of better rebuilding on you.
- The Brisbane Comparison: Why NZ land is currently "really cheap" for Australian investors.
Free Online Event: Learn to identify the next growth corridor before the crowd. Register here: https://www.propertyapprentice.co.nz/auckland-events/
💻 Website: https://www.propertyapprentice.co.nz/
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Disclaimer: The information provided in this video is for educational purposes only and does not constitute personalized financial advice. We recommend seeking advice from a qualified professional before making any investment decisions.
*Property Advice Group Limited trading as Property Apprentice has been granted a FULL Licence with the Financial Markets Authority of New Zealand. (FSP Number: FSP157564) Debbie Roberts | Financial Adviser (FSP221305) For our Public disclosure statement please go to our website or you may request a copy free of charge.