Property for Sale in New Zealand

A Quick Look at Property in New Zealand

The average British home covers 76 square metres; in New Zealand it covers 205 square metres. Of course, size isn’t everything, but New Zealand isn’t just about the wide open spaces, it also beats most countries (including the UK) for health, civic engagement and the growth of its economy, according to the OECD. Oh, and for sporting achievement.

The New Zealand economy has been boosted in recent years by the wealth of China and other Asian economies – its commodities such as meat and dairy products being snapped up. All that wealth sloshing about sent property prices rising rapidly following the financial crisis, especially in Auckland, New Zealand’s largest city, where a third of the country’s population live. Although the rises are slower now, it has left the average price of a home here at around NZ$750,000 (£411,000, as of August 2016); unaffordable for many families on average incomes. In the second city, Wellington, prices are a more comfortable NZ$435,000 average.

Those cities are both on the busier North Island, but many British emigrants choose Christchurch on South Island, which has been seeing a construction boom following the devastating earthquakes between 2010 and 2012. The average property price here is NZ$420,000, which at £230,000 is not dissimilar to average British prices. Its just that you get a considerably larger house for your money.

The property buying processes are based on the British model, which means cheaper buying costs than most countries. Foreigners are free to buy property, and while it does not confer residency rights in itself, if you spend enough money on the right type of property it can count towards your claim for immigration. Estate agents are regulated and the processes being conducted in English makes looking for property a lot easier than in some countries. New Zealanders drive on the left too.

Its sporting achievement (usually in the top three countries globally) is per head of population, and New Zealand’s population is certainly small, with fewer than five million people. That doesn’t mean that New Zealand will just let anyone in; there are quite stringent immigration rules based on age, character, health and usefulness to the local economy. The rules are slightly less draconian than Australia, however, the maximum age being 55 and the list of allowed occupations includes more skilled manual labour, such as bakers and scaffolders.

Above all, New Zealand is a welcoming and adventurous country, a land where honest work and endeavour should be rewarded with a good life. 

click to read our guide to buying in new zealand...

If you're thinking of relocating to the 'land of the long white cloud' but don't know where to begin, why not download A Place in the Sun's very own New Zealand emigration guide?

It contains loads of useful advice about the emigration process to point you in the right direction. Find out about New Zealand's visa application process (including which ones you may be eligible for), what your career prospects would be, where to look for property and how to buy it. 

So for all that information and much more just click the button below to download our free guide - with it you'll be a step closer to the other side of the world and the tranquility of New Zealand.

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