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NZ’s hottest suburbs: highest yield locations exposed

NZ Property Investor’s data is in and it reveals brand new hotspots as well as reliable favourites with consistently high yields.

Monday, April 10th 2017, 9:00AM

by The Landlord

In this month’s issue of the magazine, we feature our annual round-up of the top 50 highest yielding suburbs which analyses 481 locations around New Zealand to disclose those with the most to offer investors.

Last year’s hottest towns – Kaikohe in the Far North, Kawerau in the Bay of Plenty and Wellington Central apartments all make a re-appearance.

But peripheral suburbs to last year’s top locales have in many cases eclipsed last year’s winners.

Yield is always a market for whether an investment is viable or not – the cashflow equation doesn’t rely on future or past trends, but focuses solely on whether the deal is good today.

Capital value increase – or decreases – over the past 12 months may influence the viability of an area.

But, as the local experts we spoke to reveal, the market is unpredictable and many factors contribute to growth. 

For those chasing the holy grail – highest capital gains combined with higher yields – we have provided a reference ranking capital gains of our top 50 highest yielding suburbs.

But be cautious, read the commentary on these places, and do your own research before you buy.

The global financial crisis hit the regions hard, and many areas took a long time to recover, given their lack of diversity of employment compared to the cities.

So it pays for investors to remember: lower value areas sometimes pose a higher risk and there can be hidden costs in any purchase.

Here’s our list of the top 10 highest yielding suburbs:

1. Kaikohe – Far North (house)

2. Lambton – Wellington (apartment)

3. Rural South Taranaki – Taranaki (house)

4. Flaxmere – Hastings (house)

5. Wanganui – entire district (house)

6. Ruapehu – entire district (house)

7. Kawerau – entire district (house)

8. South Waikato – entire district (house)

9. Wairoa – entire district (house)

10. Wanganui – entire district (flat)

To read the full list of New Zealand’s top 50 highest yielding suburbs, and the commentary about them, click here to get the digital issue of NZ Property Investor magazine.

Subscribe to NZ Property Investor magazine here to get great stories like this delivered to your mailbox every month.

« Shortfall to get worse before it gets betterStop tarring investors with speculator brush »

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ANZ Special - ▼2.55 ▼2.69 ▼2.79
ASB Bank 4.45 3.19 3.19 3.49
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Bluestone ▼3.49 ▼3.49 ▼3.49 ▼3.49
BNZ - Classic - ▼2.55 2.69 2.99
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BNZ - Std, FlyBuys 4.55 3.25 3.29 3.59
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BNZ - TotalMoney 4.55 - - -
China Construction Bank 4.49 4.70 4.80 4.95
China Construction Bank Special - 2.65 2.65 2.80
Credit Union Auckland 5.45 - - -
Credit Union Baywide 5.65 4.75 4.75 -
Credit Union South 5.65 4.75 4.75 -
First Credit Union Special 5.85 3.35 3.85 -
Heartland 3.95 2.89 2.97 3.39
Heartland Bank - Online - - - -
Heretaunga Building Society 4.99 4.35 4.45 -
HSBC Premier 4.49 2.60 2.65 2.80
Lender Flt 1yr 2yr 3yr
HSBC Premier LVR > 80% - - - -
HSBC Special - - - -
ICBC 3.99 2.58 2.68 2.79
Kainga Ora 4.43 3.29 3.39 3.85
Kiwibank 3.40 3.40 3.54 4.00
Kiwibank - Capped - - - -
Kiwibank - Offset - - - -
Kiwibank Special 3.40 2.65 2.79 3.25
Liberty 5.69 - - -
Nelson Building Society 4.95 3.45 3.49 -
Pepper Essential 4.79 - - -
Lender Flt 1yr 2yr 3yr
Resimac 3.49 3.45 3.39 3.69
SBS Bank 4.54 3.29 3.19 3.49
SBS Bank Special - 2.79 2.69 2.99
The Co-operative Bank - Owner Occ 4.40 ▼2.69 ▼2.75 ▼2.99
The Co-operative Bank - Standard 4.40 ▼3.19 ▼3.25 ▼3.49
TSB Bank 5.34 ▼3.35 3.49 3.79
TSB Special 4.54 ▼2.55 2.69 2.99
Wairarapa Building Society 4.99 3.75 3.99 -
Westpac 4.59 4.15 4.09 4.49
Westpac - Offset 4.59 - - -
Westpac Special - ▼2.55 2.69 2.79
Median 4.55 3.19 3.22 3.39

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