Auckland buyers accepting yields below 3%
An investment block of seven two-bedroom units flats in Mt Eden sold on December 2014 for $4,100,000.
If ever there were evidence about Auckland’s overheated residential market, it is clear in the sub-3% yields investors are accepting.
For example, an investment block of seven two-bedroom units flats in Mt Eden sold on December 2014 for $4,100,000 had an average rental income of $360 per unit,
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Chris Hutching
Fri, 07 Aug 2015
Fri, 07 Aug 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Auckland buyers accepting yields below 3%
50234