Property Report A4 2
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3. Demand and migration.<br />
We know that Auckland's high growth pattern is completely aligned with the population growth that<br />
it has experienced. Besides that we are not building enough properties to meet the current demand<br />
meaning that prices only have one way to go even with government intervention.<br />
Overall, New Zealand is growing and that is great news for us investors. Obviously not all areas are<br />
created equal but here is some data for you to explore in regards to where people are migrating to<br />
within New Zealand.<br />
http://www.berl.co.nz/economic-insights/jobs/migration/auckland-top-spot-for-net-migration-in-2016/<br />
Migration will ultimately determine demand which will set property pricing. In the last 12 months we<br />
have seen an easing in the Canterbury region so I will not pinpoint it as a place in which to invest in.<br />
Besides Auckland, which is the clear winner in this category, we should explore these areas:<br />
I. Wellington region (see Transmission Gully)<br />
II. Waikato<br />
III. Otago (Dunedin)<br />
Net external migration for the year to December 2016<br />
Source: Wealth Mentor <strong>Report</strong><br />
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