Understanding the Current Property Market
Whether it’s a central city apartment, country cottage or a beachfront home – you’ll understand the market better with a free Mike Pero Property Report.
08 Jan 2016
It’s hard to keep up with the property market. Articles and commentary dominate the news. There are monthly and yearly pricing fluctuations. Foreign investors, local investors, and owner occupiers are all fighting for their place on the ladder. And everyone seems to have an opinion.
It’s clear that there’s never been a more important time for buyers to educate themselves and understand the market. Thankfully, there’s now a tool that collates all the vital market information and puts it in one report. Called the Mike Pero Property Report, it allows buyers to see every sale and understand the types of properties lining the streets in a neighbourhood.
Whether you’re a first home buyer or an experienced investor, the decision shouldn’t be taken lightly. Before heading down the path of buying a property, it pays to do your research. Now, most of the hard work has already been done for you. The report generator only needs a few basic pieces of information, but can provide you with a highly detailed overview of property activity in each area of New Zealand. Some of the features of the Property Report include:
- Property details: Provides an upfront indicative appraisal price of the property as well as full details and sales history.
- Demographics: Gives you an idea of what your neighbours will be like. It shows the average age of residents in the suburb as well as the composition of the families, their occupations and even education.
- Housing: This will give you an indication of the average rent you may be able to charge if you’re an investor, as well as household income ranges.
- Recent sales: Keep an eye on the recent activity in the area by tracking the price and location of all sales.
At Mike Pero, we think knowledge is worth as much as the loans we help provide. With our Property Report, we’re giving kiwis access to knowledge that we hope will help make your purchase process more informed and much easier. Request a free copy from your local Adviser here.