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NZ’s hottest suburbs: highest yield locations exposed

NZ Property Investor’s data is in and it reveals brand new hotspots as well as reliable favourites with consistently high yields.

Monday, April 10th 2017, 9:00AM

by The Landlord

In this month’s issue of the magazine, we feature our annual round-up of the top 50 highest yielding suburbs which analyses 481 locations around New Zealand to disclose those with the most to offer investors.

Last year’s hottest towns – Kaikohe in the Far North, Kawerau in the Bay of Plenty and Wellington Central apartments all make a re-appearance.

But peripheral suburbs to last year’s top locales have in many cases eclipsed last year’s winners.

Yield is always a market for whether an investment is viable or not – the cashflow equation doesn’t rely on future or past trends, but focuses solely on whether the deal is good today.

Capital value increase – or decreases – over the past 12 months may influence the viability of an area.

But, as the local experts we spoke to reveal, the market is unpredictable and many factors contribute to growth. 

For those chasing the holy grail – highest capital gains combined with higher yields – we have provided a reference ranking capital gains of our top 50 highest yielding suburbs.

But be cautious, read the commentary on these places, and do your own research before you buy.

The global financial crisis hit the regions hard, and many areas took a long time to recover, given their lack of diversity of employment compared to the cities.

So it pays for investors to remember: lower value areas sometimes pose a higher risk and there can be hidden costs in any purchase.

Here’s our list of the top 10 highest yielding suburbs:

1. Kaikohe – Far North (house)

2. Lambton – Wellington (apartment)

3. Rural South Taranaki – Taranaki (house)

4. Flaxmere – Hastings (house)

5. Wanganui – entire district (house)

6. Ruapehu – entire district (house)

7. Kawerau – entire district (house)

8. South Waikato – entire district (house)

9. Wairoa – entire district (house)

10. Wanganui – entire district (flat)

To read the full list of New Zealand’s top 50 highest yielding suburbs, and the commentary about them, click here to get the digital issue of NZ Property Investor magazine.

Subscribe to NZ Property Investor magazine here to get great stories like this delivered to your mailbox every month.

« Shortfall to get worse before it gets betterFree Investment Property Showcase Events: Auckland, Wellington and Christchurch »

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AIA - Back My Build 5.44 - - -
AIA - Go Home Loans 7.99 5.99 5.69 5.69
ANZ 7.89 6.59 6.29 6.29
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - 5.99 5.69 5.69
ASB Bank 7.89 5.99 5.69 5.69
ASB Better Homes Top Up - - - 1.00
Avanti Finance 8.40 - - -
Basecorp Finance 9.60 - - -
BNZ - Classic - 5.99 5.69 5.69
Lender Flt 1yr 2yr 3yr
BNZ - Mortgage One 7.94 - - -
BNZ - Rapid Repay 7.94 - - -
BNZ - Std 7.94 5.99 5.69 5.69
BNZ - TotalMoney 7.94 - - -
CFML 321 Loans 6.20 - - -
CFML Home Loans 6.45 - - -
CFML Prime Loans 8.25 - - -
CFML Standard Loans 9.20 - - -
China Construction Bank - 7.09 6.75 6.49
China Construction Bank Special - - - -
Co-operative Bank - First Home Special - 5.79 - -
Lender Flt 1yr 2yr 3yr
Co-operative Bank - Owner Occ 7.65 5.99 5.75 5.69
Co-operative Bank - Standard 7.65 6.49 6.25 6.19
Credit Union Auckland 7.70 - - -
First Credit Union Special - 6.40 6.10 -
First Credit Union Standard 8.50 7.00 6.70 -
Heartland Bank - Online 7.49 ▼5.65 ▼5.55 ▼5.55
Heartland Bank - Reverse Mortgage - - - -
Heretaunga Building Society 8.90 7.00 6.50 -
ICBC 7.49 5.99 5.65 5.59
Kainga Ora 8.39 7.05 6.59 6.49
Kainga Ora - First Home Buyer Special - - - -
Lender Flt 1yr 2yr 3yr
Kiwibank 7.75 6.89 6.59 6.49
Kiwibank - Offset 8.25 - - -
Kiwibank Special 7.75 5.99 5.69 5.69
Liberty 8.59 8.69 8.79 8.94
Nelson Building Society 8.44 ▼6.39 ▼6.09 -
Pepper Money Advantage 10.49 - - -
Pepper Money Easy 8.69 - - -
Pepper Money Essential 8.29 - - -
SBS Bank 7.99 6.95 6.29 6.29
SBS Bank Special - ▼6.15 5.69 5.69
SBS Construction lending for FHB - - - -
Lender Flt 1yr 2yr 3yr
SBS FirstHome Combo 5.44 ▼5.15 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 9.75 - - -
TSB Bank 8.69 6.79 6.49 6.49
TSB Special 7.89 5.99 5.69 5.69
Unity ▼7.64 5.99 5.69 -
Unity First Home Buyer special - 5.49 - -
Wairarapa Building Society 8.50 ▼6.19 ▼5.79 -
Westpac 8.39 6.89 6.39 6.39
Westpac Choices Everyday 8.49 - - -
Westpac Offset 8.39 - - -
Lender Flt 1yr 2yr 3yr
Westpac Special - 6.29 5.79 5.79
Median 7.99 6.17 5.79 5.69

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