29 May 2024

Rentvesting: The Smart Way to Own Property in Auckland or Christchurch

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Overview

Owning a home in your dream neighbourhood might seem out of reach in today’s market, but more Kiwis are discovering a way to enjoy their ideal lifestyle while investing in property. Enter rentvesting—a savvy strategy where you rent a home in the area you want to live in, while purchasing a rental property in a location that makes sense financially. If you’re looking to get on the property ladder without sacrificing your lifestyle, rentvesting could be the perfect solution. And if you’re considering Auckland or Christchurch, there’s no better time to chat with us about your options.

Why Rentvest in Auckland or Christchurch?

Auckland and Christchurch are two of the hottest markets for property investment in New Zealand, each offering distinct advantages.

In Auckland, the demand for rentals is consistently high, and there’s an added opportunity to invest in Auckland’s CBD apartments. Central Auckland apartments offer a relatively low entry point compared to the wider Auckland housing market, making them a great option for investors. These apartments typically attract strong rental demand from professionals and students, ensuring steady returns. For rentvestors, this means you can get a foot on the Auckland property ladder with a smaller investment while still benefiting from the city’s capital growth potential.

Meanwhile, the outer suburbs, such as Kumeu, Flatbush, and Huapai, have seen growing popularity as developments expand. Many investors purchase properties in these areas for long-term capital gains while choosing to rent closer to work, school zones, or the vibrant Auckland city lifestyle.

Christchurch, on the other hand, presents an excellent opportunity for investors looking for a combination of affordability and rental yield. With lower property prices than Auckland, Christchurch’s suburbs, such as Rolleston and Wigram, offer promising rental income and steady population growth. For rentvestors, this market provides a more cost-effective way to build a property portfolio while living in a city known for its relaxed pace and quality of life.

How Rentvesting Could Work for You

Rentvesting allows you to live in the location you desire, while investing in a property elsewhere that’s better suited for growth or rental returns. Imagine renting an apartment in the heart of Auckland, close to your workplace, restaurants, and nightlife, while owning a rental property in an emerging Auckland suburb or Christchurch’s high-growth areas.

By separating where you live from where you invest, you can make better financial decisions, focusing solely on the profitability of your investment property. Rentvesting gives you flexibility and the potential for long-term capital growth while maintaining your desired lifestyle.

Why Talk to Us?

While rentvesting opens up great possibilities, choosing the right property is key. Whether you’re exploring Auckland’s CBD apartments for a low-cost entry point or Christchurch for solid rental returns, our team has the expertise to guide you through the process. We understand the ins and outs of these markets, from finding high-demand rental properties to ensuring you get the best possible return on your investment.

We’ll help you run the numbers, ensuring your investment property offers the right balance of rental income and mortgage repayments. By making smart investment decisions, you’ll be able to cover your mortgage and rent without stretching your budget, all while enjoying the capital growth benefits.

Prime Rentvesting Spots

In Auckland, some of the most promising areas for rentvestors include:

  • Auckland CBD: Apartments in the heart of the city provide strong rental demand, especially from students and young professionals, and offer a relatively low buy-in compared to the rest of Auckland.
  • Kumeu and Huapai: These outer suburbs are rapidly developing, with growing infrastructure making them increasingly attractive to tenants looking for affordable living close to Auckland.
  • Flatbush: With great school zones and modern developments, Flatbush continues to see high rental demand, making it ideal for investment.
  • Papakura: More affordable than inner-city suburbs, Papakura offers potential for capital growth and strong rental yields as Auckland expands.

In Christchurch, consider these high-potential suburbs:

  • Rolleston: One of the fastest-growing suburbs, Rolleston offers newer homes with strong rental appeal, especially for families.
  • Wigram: A modern suburb with growing amenities and great rental demand, making it ideal for investors.
  • Halswell: A well-established area with increasing demand for rentals, offering a strong mix of capital growth and rental yield.

Ready to Explore Rentvesting?

Rentvesting offers a unique pathway to property ownership while allowing you to live in your ideal location. Whether you’re drawn to the vibrant lifestyle of Auckland or the strong rental returns in Christchurch, rentvesting is a flexible strategy that can help you build wealth while enjoying the best of both worlds.

Our team can help you navigate the Auckland or Christchurch property markets, identifying the best investment opportunities to suit your goals. Whether it’s a high-demand apartment in the Auckland CBD or a suburban rental property with solid yields, we’ll ensure you make a smart and informed investment.

Get in touch with us today to learn more about rentvesting in Auckland or Christchurch and take the first step toward securing your future in property.

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