Tag Archives: auckland property market

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Chelsea Bay and Other Construction Projects.

With a client-centric team of lawyers, and the nimble nature of the practice coupled with a proven track record and the seniority of several of its lawyers, the firm is a highly sought after legal provider. Recently we developed the first apartment development in NZ using LP GP structure and qualifying the candidates for the […]

Things you need to know about land subdivision

Auckland’s population has increased significantly and is expected to continue increasing over the next 10 years. The increased population together with other determinants make Auckland one of the cities worst in the world given the extremely high house prices coupled with moderate wages. Accordingly, recent market trends indicate that medium to high density housing developments […]

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Common Pitfalls when Buying Apartments off the Plans

There is a strong demand for houses and apartments in New Zealand. There are purchasers signing purchase contracts on the basis of plans for houses or apartments not yet constructed. Some purchasers are signing contracts with developers who do not even have the required planning or building consent for construction. The contracts that prospective purchasers are given to sign are […]

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Auckland is the fourth most expensive city in the world

The latest survey, using data from 2015, shows houses in Auckland cost 9.7 times the median income, compared to 8.2 times the median income a year earlier.That puts the city at the fourth most unaffordable along with level with Melbourne and San Jose, California, behind only Hong Kong, Sydney and Vancouver. Auckland is up from […]

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Sale of foreign-owned houses ordered

New Zealand housing market may be in for a second wind as foreign investors in the Australian property market start to fall foul of new investment regulations. Investors may look for new places to invest. The estates were bought illegally by nationals from Canada, China, India, Malaysia and the United States, the statement said. New […]

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Restrained Summer Selling

A windy cool summer this year has been the backdrop to the summer selling season in the Auckland property market. Overall the market has been very restrained with auction success rates in Auckland dropping below 50% in late December 2015. Slowly seller expectations are starting to change. Are house prices heading lower? Many are expecting […]

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Unitary Plan rationalises the city’s 99 old residential zones down to just six

The incoming Unitary Plan rationalises the city’s 99 old residential zones down to just six: * Single House – allows a single house on a single lot * Mixed Housing Suburban – allows a mix of types of homes up to two storeys * Mixed Housing Urban – allows a mix of housing types up […]

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Biggest house sales of the year

The NZ Herald on Sunday recently ran a list of the top ten properties sold in NZ in 2015. The country’s 10 priciest house sales of the year were all in Auckland and their collective worth ­tallies more than $100 million. The 10 properties have a combined price tag of $105.8m, equivalent to that of 138 […]

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Granny Flat or Home & Income?

With the growing number of property transactions in 2015, we have noticed frequent reference to “granny flat or home & income” from property advertisements and agreements that have been sent to our office. With the growing shortage of suitable property and escalating property prices, home buyers and investors have preferred the option of purchasing a […]

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New CBD listing in the Heart of Aucklands ‘Learning Quarter’

Queen City Law are proud to present a new CBD premises in the Heart of Aucklands ‘Learning Quarter’. This modern office space would be an Excellent Learning Business or Tech Startup Premises. The property is already tenanted and enjoys a good income flow. Check out this CBD property and more listed by our property team on […]

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