Falling returns not a concern
As part of the latest Crockers Property Investment Index research, investors were asked how their future investing decisions would be affected by the fact that Auckland's rental returns are falling as sales prices increase faster than rents.
Most of the investors had one to three investment properties, and most owned them solely in Auckland.
Almost half said they would not make any change to the type of properties or the location that they chose for future investment. Crockers said that could reflect the fact they were seeking capital gains as well as rental returns.
Another 30% said they would consider more investments outside Auckland, 23% said they might look to different parts of Auckland and 23% said they would consider changing the type of property they invested in.
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