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Latest Headlines
Property Investors Show Resilience in Slump: Survey
Property investors are looking for bargains and raising rents, according to the inaugural landlords.co.nz quarterly survey. The results show 20% of those polled intend buying a rental property before the end of the year and 52% aim to increase their portfolio by Christmas 2009.
Thursday, September 11th 2008, 12:00AM
by The Landlord
The nationwide online survey was conducted last week and elicited 600 responses. The survey is designed as a barometer of investors' intentions. Investors were divided about the direction of house prices in the next six months, with 42.5% predicting no change and 47.5% expecting prices to deteriorate. Ten percent of investors were optimistic, saying prices are set to rise.
The survey also showed many investors have managed to raise rentals during a period when the property market has been characterized as being in a slump. Of those polled, 45.7% increased rents in the past six months and 66.5% had put up their rents in the past 12 months. The biggest percentage of landlords, 38.5%, raised rents by 1% to 5%, while 34% increased rents by 6% to 10%. Those cutting rents in the past six months amounted to 7.8%, with 75.5% saying they have never decreased rents. Looking out over the next six months, 28.8% expect rents will rise, 59.3% say they will remain unchanged and 11.8% predict a decrease.
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Full Rates Table | Compare Rates
Lender |
Flt |
1yr |
2yr |
3yr |
AIA - Back My Build |
4.44 |
- |
- |
- |
AIA - Go Home Loans |
6.54 |
4.89 |
4.95 |
5.09 |
ANZ |
6.49 |
5.55 |
5.55 |
5.69 |
ANZ Blueprint to Build |
7.39 |
- |
- |
- |
ANZ Good Energy |
- |
- |
- |
1.00 |
ANZ Special |
- |
4.95 |
4.95 |
5.09 |
ASB Bank |
6.44 |
4.89 |
4.95 |
5.09 |
ASB Better Homes Top Up |
- |
- |
- |
1.00 |
Avanti Finance - Near Prime |
6.90 |
- |
- |
- |
Avanti Finance - Specialised |
8.34 |
- |
- |
- |
Basecorp Finance |
7.15 |
- |
- |
- |
Lender |
Flt |
1yr |
2yr |
3yr |
BNZ - Classic |
- |
5.99 |
5.69 |
5.69 |
BNZ - Mortgage One |
6.54 |
- |
- |
- |
BNZ - Rapid Repay |
6.54 |
- |
- |
- |
BNZ - Std |
6.44 |
4.89 |
4.95 |
5.09 |
BNZ - TotalMoney |
6.54 |
- |
- |
- |
CFML 321 Loans |
4.99 |
- |
- |
- |
CFML Home Loans |
6.70 |
- |
- |
- |
CFML Prime Loans |
7.20 |
- |
- |
- |
CFML Standard Loans |
7.99 |
- |
- |
- |
China Construction Bank |
6.44 |
4.85 |
4.95 |
4.95 |
China Construction Bank Special |
6.44 |
5.85 |
5.95 |
5.95 |
Lender |
Flt |
1yr |
2yr |
3yr |
Co-operative Bank - First Home Special |
- |
4.85 |
- |
- |
Co-operative Bank - Owner Occ |
5.95 |
4.95 |
4.99 |
5.25 |
Co-operative Bank - Standard |
5.95 |
5.45 |
5.49 |
5.75 |
Credit Union Auckland |
7.70 |
- |
- |
- |
First Credit Union Special |
- |
5.29 |
5.19 |
- |
First Credit Union Standard |
6.94 |
5.79 |
5.49 |
- |
Heartland Bank - Online |
5.99 |
5.89 |
- |
- |
Heartland Bank - Reverse Mortgage |
- |
- |
- |
- |
Heretaunga Building Society |
7.45 |
5.90 |
5.80 |
- |
ICBC |
6.50 |
4.85 |
4.95 |
5.05 |
Kainga Ora |
6.44 |
4.89 |
4.95 |
5.09 |
Lender |
Flt |
1yr |
2yr |
3yr |
Kainga Ora - First Home Buyer Special |
- |
- |
- |
- |
Kiwibank |
6.35 |
5.79 |
5.85 |
5.95 |
Kiwibank - Offset |
6.35 |
- |
- |
- |
Kiwibank Special |
- |
4.89 |
4.95 |
5.15 |
Liberty |
6.90 |
6.80 |
6.50 |
6.45 |
Nelson Building Society |
6.94 |
4.99 |
4.93 |
- |
Pepper Money Near Prime |
6.85 |
- |
- |
- |
Pepper Money Prime |
6.29 |
- |
- |
- |
Pepper Money Specialist |
8.30 |
- |
- |
- |
SBS Bank |
6.49 |
5.49 |
5.55 |
5.69 |
SBS Bank Special |
- |
4.89 |
4.95 |
5.09 |
Lender |
Flt |
1yr |
2yr |
3yr |
SBS Construction lending for FHB |
3.94 |
- |
- |
- |
SBS FirstHome Combo |
- |
4.29 |
- |
- |
SBS FirstHome Combo |
- |
- |
- |
- |
SBS Unwind reverse equity |
8.64 |
- |
- |
- |
TSB Bank |
7.19 |
5.69 |
5.75 |
6.09 |
TSB Special |
6.39 |
4.89 |
4.95 |
5.29 |
Unity First Home Buyer special |
- |
4.29 |
- |
- |
Unity Special |
6.64 |
4.99 |
4.99 |
- |
Unity Standard |
6.64 |
5.79 |
5.79 |
- |
Wairarapa Building Society |
6.75 |
5.09 |
4.95 |
- |
Westpac |
6.59 |
5.49 |
5.55 |
5.59 |
Lender |
Flt |
1yr |
2yr |
3yr |
Westpac Choices Everyday |
6.69 |
- |
- |
- |
Westpac Offset |
6.59 |
- |
- |
- |
Westpac Special |
- |
4.89 |
4.95 |
4.99 |
Median |
6.56 |
4.99 |
4.99 |
5.15 |
Last updated: 10 July 2025 4:59pm |
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