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Hawkes Bay Property Investment Market

Would we not all love to have the crystal ball?

We do get asked a lot by out of town investors on our knowledge and opinion of the Hawkes Bay urban property market. So here it is: Over the past two weeks there have been plenty of articles in the local paper (HB Today) on facts that impact any residential property investor’s future. Let me just list the points. Read more!

How to apply for a rental home successfully

You may have noticed that it has become a lot more difficult to find rental properties in Hawkes Bay. When we advertise a property, we get at least five times the enquiries we used to get 18 months ago. Here are some tips to increase your chances of being the successful applicant:

1) ENQUIRE text or email INFORMATION: (Complete information saves yourself and us time!)
– Your Name
– How many people is this for?
– What pets if any do you have? State NO pets if applicable!
– Your cell phone number
– what days/times would be best for you to view (if you are restricted)
– know who will move in and state that on the application.

– When you come to the viewing: BE ORGANISED:
– You must have photo ID (Drivers license is best
– have last two addresses and phone numbers of past landlords available
– Come with all adults that are applying or going to live at the property

Top Tips to miss out:
Not having photo ID
Not having previous landlord phone numbers OR other references
Not remembering previous addresses
“Just having lost the wallet”
Coming by car but having no drivers license on you

We wish everyone good luck finding a home. Sometimes a home we have available may not be suitable for you and we hate to waste your time inviting you to a viewing, if our instructions by the property owner are clear as to for example how many people they will allow or if they allow pets.
We are trying our best to serve the owners we work for AND our tenants.

Rental demand in Hawkes Bay

Over the past 12 months we have experienced increasing and unprecedented demand from tenants for rental properties in all categories. This morning’s paper hints again at one of the causes:

“Migration still climbs

New Zealand saw another record net gain in migrants of 65,900 in the year to January,driven by increased arrivals from asia and Australia. The annual gain in migrants has set records for the past 18 months. Arrivals rose 10 per cent to 123,000 in the January 2015 year, while departures fell by 1 per cent to 57,100.” (Source: HB Today 26-02-2016)

We are actively looking for rental properties to manage!