Letting fee axe could reignite rental auctions: Landlord
Landlords and property managers are objecting to the Government's plan to axe real estate letting fees, saying it could result in more rental auctions, but a Cabinet minister says the fees are a "bizarre anomaly" he wants stamped... More
No more gouging renters as letting fees to go: Housing Minister Phil Twyford
Tenants will no longer have to pay hefty letting fees when renting a new home under a bill introduced to Parliament today.The bill will make it illegal for letting agents or landlords to charge a letting fee, and allows for damages... More
Gattung sells $2.8m Wellington waterfront apartment
Business woman Theresa Gattung has sold her Wellington waterfront apartment in Oriental Bay for an undisclosed sum after it was placed on the market last month.Gattung said the sale had gone unconditional yesterday, but would not... More
New NZ record: Herne Bay mansion goes for just under $30m
The sale of an Auckland waterfront home could have set a new national house price record for the year, fetching just under $30 million. Businessman and marina investor and developer Simon Herbert said he and wife Paula had just... More
$10m Christchurch mall upgrade underway
A $10 million retail refurbishment underway at a Christchurch suburban shopping mall is due to be finished before the end of the year.Nicola Dolan, centre manager at Merivale Mall near Papanui, said works had started last May, would... More
Lake Wakatipu superhome on the market for $25 million
Another Wakatipu property has been listed with a stratospheric price tag.A super-home and adjacent bare lot on the highest ridge at Wyuna Preserve, near the top of Lake Wakatipu, is for sale for $24,995,000.The five-bedroom home,... More
South Auckland street to be named after All Black legend Jonah Lomu
A new road due to open will honour one of the world's greatest rugby stars - Jonah Lomu - just a few metres from where he once played as a schoolboy.Jonah Lomu Drive was officially blessed by kaumatua, members of Tainui and a church... More
New Zealand houses now worth close to $1 trillion
The total value of New Zealand residential property is close to $1 trillion, according to a new report.Property Institute of New Zealand and data company Valocity figures show that nationwide, the total value of residential property,... More
Tauranga housing stock valued at $34b - up 63 per cent in three years
Tauranga's residential housing stock is now worth $34 billion after "extreme" growth of 63 per cent over the past three years according to new figures.That's up from $21 billion in 2015, a report from the Property Institute of New... More
Donna McIntyre: Made-to-measure lifestyle
The promise of a better lifestyle lured Mike and Diana Patchett and their young son Nelson from Australia to New Zealand and eventually to this lifestyle block at Kumeu."My wife is Canadian, and I am Australian," says Mike. "We... More
Robyn Welsh: Back on 'home' ground
As a child, Olivia Grainger and her family lived a nomadic lifestyle, shifting in and around Christchurch seven times, sometimes to the suburbs, sometimes to semi-rural areas.They lived in the former St Mary's Anglican vicarage.... More
Sandra Goodwin: Sea views from farm
A couple wanting to put farming skills into practice found an expansive property with wide sea views handy to Auckland which they've nurtured for nearly 20 years.Chris and Donna David own 'Kauri Downs', comprised of two titles... More
Record low vacancy for industrial property
JLL Research says industrial is the strongest performing sector in Auckland with vacancy sitting at 2.1 per cent - the lowest level observed since the agency's records began in 1993.Tom Barclay, JLL's associate director of research,... More
Porirua's KFC property under hammer
The freehold land and purpose-designed building housing a KFC restaurant in Porirua will be auctioned next month.The property at 14 Hagley St will go under the hammer at Bayleys Wellington office, at 11am on Thursday, April 12.KFC... More
Canterbury homestead with fascinating history
Holme Station, the grand South Canterbury homestead where New Zealand's first Governor General created Britain's Pacific defence strategy, is now for sale.Almost 100 years ago, former First Sea Lord John Jellicoe lived with his... More
Rangitikei iwi buys Turakina Maori Girls' College
The purchase of the former Turakina Māori Girls' College offers endless possibilities and is really exciting for Ngā Wairiki Ngāti Apa, tumu whakarae Pahia Turia says.The keys were handed over to the Rangitikei iwi... More
Diana Clement: The money go-round
New Zealand's median house price has hit $530,000, according to the Real Estate Institute's latest figures. So Herald Homes went looking for what that median price will buy for your money. Options range from tiny apartments to lifestyle... More
Process followed over urban park expansion 'unusual': Hamilton City Council CEO
Hamilton City Council's chief executive has admitted the process it took around its plans to extend Victoria on the River was "unusual" and will be improved, despite councillors saying he reassured them at the time it was not.Councillors... More
Property manager avoids misconduct charge after death of tattooist in Christchurch quake
A Christchurch property manager who was accused of misconduct after his tenant was crushed to death in the February 2011 quake has avoided charges.Licensed Harcourts real estate agent Christopher Chapman appeared before the Real... More
Prefab homes a big hurdle for first-home buyers
First-home buyers are being locked out of the prefabricated housing market because most banks won't lend on a house until it is on site because they can't take security over it. A security interest is a legal right granted by a... More