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Wayne Maguire: Foreign Buyer Visa Change a “Happy Compromise”
Five easy ways to increase the value of your home
10.
14.
35. Properties for sale 05.
Cash-strapped Kiwis drop the shop - here's where they're making cuts
Resene: Here’s how to use florals to create a bed of roses in your home.
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What's happening in the market, local area statistics
Welcome
Prime Minister Chris Luxon has just announced, following coalition negotiations, that overseas buyers with an Active Investor Plus “Golden Visa” can now more readily purchase or build a home in New Zealand.
With the legislation expected to be amended before year-end, this change likely affects less than 1% of home buyers, targeting only high net worth individuals. There are tight restrictions with minimum investment threshold raised from $2 million to $5 million for higher-risk ventures over three years, or $10 million over five years for lower-risk options. This property value determines that luxury residential real estate (rural and farm land is excluded) is where the impact will be felt.
In practice, around 10,000 properties, mainly in Auckland and Queenstown, would qualify. The government is confident this move won’t inflate property prices but rather attract international investment and expertise, providing a controlled boost to the economy without undermining the aspirations of grassroots Kiwis wanting to own their own home. New Zealand’s openness post-Covid offers a well-regulated and attractive market for affluent offshore investors keen to settle here.
As we embark on the last quarter of 2025, I’m always up for a chat about the current real estate market.
Wayne Maguire AREINZ CEO Maguires
One Team
Ray
rwmissionbay.co.nz
rwstheliers.co.nz
Ray White Kohimarama 5 Averill Avenue rwkohimarama.co.nz
Foreign Buyer Visa Change a “Happy Compromise”
Written by Wayne Maguire, CEO Maguire & Associates
Describing the latest news as a “happy compromise” Prime Minister Chris Luxon announced an important property industry decision on the 1st of September after months of negotiation with coalition partner New Zealand First.
Overseas buyers holding an Active Investor Plus visa – a “Golden Visa” can now buy or build a home here. We’ve known for a while that this was coming and that now we have certainty around the timeframe and criteria, agents will be able to better serve those clients who fall into this special category.
and farms, the new change to legislation will ultimately affect a very small number of buyers and properties. Approximately 10,000 houses nationwide fall into this higher value category – mostly in Auckland and Queenstown.
The first thing we should acknowledge upfront is that 99% of home buyers are not going to be impacted by this imminent change to the legislation. As the negotiations continued behind closed doors there was talk of worst-case scenarios. Of open season for foreign buyers where the floodgates would potentially open and Kiwis could watch as their home ownership dream slid further out of reach. But the government has ensured that this initiative is being applied to a quite narrow demographic who will be subject to tight restrictions. This change to the Overseas Investment Act is a move aimed at the luxury end of the residential real estate continuum.
Now that the details have been hammered out and agreed to, the plan is to see this passed into law before the end of the year. Let’s dive into the details - because the good news is that they’re quite straightforward. Two pathways are available for overseas buyers who have a desire to invest in residential real estate here. Critically, the previous $2 million minimum threshold (agreed by all parties as too low in today’s market) has been increased to $5 million. The options require either a minimum $5 million investment over three years for higher-risk ventures, or a lower risk investment of $10 million spread over five years. Aimed at residential property buyers and excluding the sale of rural land, special land,
The government is confident this move will not inflate prices or send the market into some kind of unchecked tailspin. Far from it. This is a circumspect step, easing restrictions brought in by the Labour government’s comprehensive ban in 2018. Data from New Zealand Immigration shows that to date there has been just over 300 golden visa applications with almost 40% of enquiries coming out of the USA. Once the rule change becomes embedded – the number of enquiries will doubtless rise. This move is likely to create more vigour in the overall property market (which we are all keen to see) but more critically it focusses on attracting high net worth overseas buyers, encouraging them to bring their money and perhaps their business know-how to benefit our country in the long term.
By smoothing the path to buying or building a luxury home here the government is signalling to buyers our willingness to welcome their investment and aspirations, growing an economy that’s ready for much needed outside stimulus.
The subject of immigration is not just under the spotlight in New Zealand - many countries are grappling with the movement of people and the associated impact to housing and infrastructure. Here in New Zealand we are fortunate that we have an abundance of space and enjoy a robust and well regulated property market. Our continuing willingness to open the door wider in a post-Covid world is a welcome move for those offshore folks who have the aspirations and resources to make this beautiful country their home.
As we embark on the last quarter of 2025, I’m here for a chat if you want to know more about the current real estate market and foreign buyer law changes.
Five easy ways to increase the value of your home
Source: yourhomeandgarden.co.nz
Whether you’re looking to sell now or later down the track, it pays to keep your home up-to-date.
If you own a property, chances are you’re hoping it will one day be worth more than you paid for it. While much about a property’s value relies on location, population growth, infrastructure and the mercy of a fluctuating market, many aspects within your control can make it more attractive to buyers and increase your home’s value.
Often, the smallest changes have the biggest impact, so don’t feel as though you have to undertake a full-scale renovation to make a return. When renovating for profit, it’s essential to avoid overcapitalising.
Here, we run through five affordable tasks you can do to make your home more appealing to buyers as well as increase its value.
How to increase the value of your home...
1. Improve exterior appeal
How your home looks from the street influences desirability. Adding a fence can be expensive, but it will attract potential families and pet owners to the property. It would also be worth fixing and painting any existing fences around the property.
Additionally, replacing or painting your front door a different colour will boost your curb aesthetic for little cost.
Painting the exterior of your home in a trending colour is a great way to catch the attention of potential buyers. This will add both street and market appeal and add value to the property. As for the colour, ivory is said to be the one colour that will add value to your home.
2. Modernise key interiors
It’s possible to create a completely new bathroom look without undergoing a renovation. Small, but modern updates (such as replacing handles and tapware) are simple ways to elevate the appearance of this room. If tiles look old or grubby, consider a flick of paint or grout replacement. Replacing an older vanity would also make a remarkable difference to the feel of the room.
Unless you adopt a hardcore minimalist approach, zero storage space will be a significant shortfall for potential buyers. Think open shelves in the kitchen, bathroom and laundry. Additionally, installing hooks on the back of doors is another simple convenience often overlooked.
3. Boost outdoor appeal
An outdoor space perfect for entertaining will increase the desirability of your home. If you don’t have a deck, this should be on your priority list for your outdoor space. A deck can increase home value by up to 30%, as it expands the home’s usable space. While these can be costly, they are likely to provide a greater return on investment.
Shade and shelter are also essential, and fire pits have become a popular addition to many backyards.
Also consider a garden. Whether you have raised garden beds housing seasonal vegetables or borders blooming with flowers, a colourful outdoor space will enhance your home’s appeal. Otherwise, opt for a garden full of native plants, such as flax or pōhutukawa, for low-maintenance landscaping.
4. Improve insulation and energy features
Whether the future owner of your home will be renting to tenants or living in the house themselves, ensuring your home is up to the healthy homes standards is crucial. The regulations for healthy homes include standards for heating, insulation, ventilation, dampness, and draught stopping. This means ensuring your home is warm and dry throughout the year will add value, so be sure to invest in these areas if need be.
5. Seek advice from your local experts
Inviting a local real estate agent into your home can help to define exactly what will and won’t add enough value to make it worth doing. Ask them exactly what they would recommend. They see things through the eyes of a buyer and can make recommendations about finishes, how to add privacy, walls to remove, areas to upgrade and more. You can ask them exactly how much value it could add, as they will have comparable properties to use as a reference.
Once your home is ready to be put on the market, be sure to stage it right. Fresh pillows and linen on beds, clutter-free cupboards and surfaces and sparkling clean rooms will attract those unwilling to exert themselves towards a makeover as soon as they move in.
Essentially, staging your home is all about selling the idea of life there to prospective buyers. Perhaps people can look past a little dodgy paintwork and a few easy fixes, but if you do the work for them, they’ll focus instead on the possibilities of a life to be enjoyed in your home.
Flash-roasted salmon on lentils
Recipe by Sarah Tuck, Source: dish.co.nz
The tang of the basil-infused yoghurt sauce and the earthiness of the lentils work beautifully with the rich, protein-packed salmon.
INGREDIENTS
LENTILS
• 180 grams puy lentils
• 2 bay leaves
• 1 tablespoon red wine vinegar
sea salt and ground pepper
• 3 tablespoons olive oil
• 1 small onion, sliced
• 1 stick celery, chopped
• 1 leek, halved and sliced
• 1 small carrot, finely chopped
sea salt and black pepper
• 2 cloves garlic, crushed
• 1⁄4–1⁄2 teaspoon chilli flakes
• 2 cups baby spinach leaves
SALMON
• 1 tablespoon olive oil
• 1 teaspoon finely grated lemon zest 2 cloves garlic, crushed
• 2 x 180-gram salmon fillets
BASIL YOGHURT
• 3⁄4 cup Greek natural yoghurt 1 clove garlic, crushed
• 1 cup packed basil leaves
SERVES: 2
METHOD
EQUIPMENT:
Line an oven tray with baking paper.
LENTILS:
Put the lentils in a saucepan and cover with cold water by at least 6–7cm. Add the bay leaves, bring to the boil then reduce the heat to a simmer and cook for 20–25 minutes. Drain well, rinse under cold running water and stir through the vinegar. Heat the olive oil in a large, deep frying pan. Add the onion, celery, leek and carrot, and season with salt and pepper. Cook for 8 minutes over a gentle heat until the vegetables are softened. Add the garlic and chilli and cook together for 5 minutes. Stir through the lentils along with the spinach and set aside.
SALMON:
Preheat the oven to 200°C fan bake. Mix the olive oil with the zest and garlic and brush on the flesh side of the salmon. Put on the prepared oven tray and cook for 8 minutes. Change the setting to grill and cook a further 2 minutes, positioned in the middle of the oven.
BASIL YOGHURT:
While the salmon is cooking, whiz the yoghurt, basil and garlic with a stick blender until smooth.
TO SERVE:
Serve the salmon on the lentils and top with a good dollop of basil yoghurt.
Tony Alexander: Cash-strapped Kiwis drop the shop - here's where they're making cuts
Written by Tony Alexander, Source: oneroof.co.nz
Things are getting better, but the outlook remains bleak for some sectors.
One of the five surveys I run each month asks consumers about their spending plans for the next three to six months. During the depths of the recession last year, a net 42% of people said that they planned to spend less.
This reading improved to a net 10% positive just before Christmas as people responded positively to interest rate cuts. However, the cuts haven't been the economic panacea many were hoping for, and the survey reading fell back to a net 18% planning to spend less in April.
Since then, things have been slowly improving, and the results of my latest survey show that a net 1% of consumers plan to curtail their spending in the months ahead. That won’t save many in retail who have been holding on for a recovery in consumer spending, but the direction of travel is what really matters, and things are getting better.
We should approach with caution any talk of an economic revival. When we look at individual categories of spending, the outlook is still quite bleak for some sectors. For instance, a net 14% of people say they plan to spend less on furniture and appliances – the market which Smiths City Market and Kitchen Things played in.
A net 16% of people also plan to spend less on eating out. That means hard times continuing for cafes and restaurants, though one’s profitability in this sector depends strongly on two things. The demographic one serves and one’s ability to control costs. Some operators who mainly service the older age group seem to still be doing quite well.
I ask two questions about housing in my spending surveys. The first is about whether people will spend more or less on a house to live in. This measure was firmly positive from my first survey in June 2020 until February 2022. Since then, it has been in negative territory, with the worst reading being a net 9.8% of people in June last year saying they planned to spend less.
The most recent reading is a net 3.1% planning to spend less, which is still negative and tells us that the market will take time to fire up as we head into spring. But the trend for three months has been towards the positive, which suggests summer will bring some stronger housing market conditions. That is something important for home builders and developers of residential subdivisions.
I also ask people if they plan to buy an investment property. This measure was positive from June 2020 until April 2021 and has been net negative ever since.
The worst reading was again in June last year, with a net 18.7% saying no (net selling in other words). The measure has improved over the last three months, but still sits at -9.4%.
Much is being written in newspapers regarding investors doing more buying and I can tell from my other surveys that there definitely are old hands out there buying and newbies making purchases as well.
But my survey also captures those who already hold property and the message from this survey as well as the one I run of existing investors with Crockers Property Management is that many probably older investors are looking to sell to help finance their more-expensive-thanexpected retirement.
That includes money to buy scones and corn fritters in their favoured cafes where they and their friends tend to meet these days.
Deep cleaning: Tips to help you declutter and refresh your home
Source: yourhomeandgarden.co.nz, Sponsored by Shark
It's time to stop putting off these cleaning jobs.
We’re convinced that spring cleaning was invented by people in the northern hemisphere, who don’t have to fit it in between exams, school prize givings and other end-of-year commitments that we squeeze into October through November here in Aotearoa. So we say get a head start on spring cleaning in August and September. These dreary winter months are the perfect opportunity to clean, declutter and refresh your home.
Declutter first
Before diving into the deep cleaning, take the time to donate unwanted items, recycle what you can and discard anything broken or beyond repair. Next, reorganise the items left in your cupboards and wardrobes to maximise space and efficiency.
Focus on neglected areas
Use spring cleaning as the perfect time to tackle those often-overlooked areas, such as behind the fridge, behind the coffee machine and under the beds. If your eyesight is as bad as ours, you won’t have noticed the build-up of dust and grime in the corners and edges, but the Shark Cordless Detect Pro with Auto Empty System, $949.99, will spot heavily soiled areas and automatically boost its suction power to deal with them.
Wash windows
Yup, you can’t put it off any longer – you’re going to have to clean the windows inside and out. Professional cleaners recommend adding a tablespoon of cornflour to your window cleaner for a streak-free finish. You’ll be surprised at how much brighter your home feels.
Clean carpets and upholstery
Remove dirt and dust with a deep clean. A good going over with the Shark Stratos XL Pet Pro Powered Lift-Away with Odour Neutraliser Technology, $699.99, is the next best thing to paying a professional carpet cleaner. And don’t forget to vacuum the dust off your drapes and blinds while you’re on the job.
Deep clean appliances
Roll up your sleeves and tackle the ingrained dirt in often-overlooked areas such as oven racks, ceiling fans and the back of the fridge. Channel Carmy from The Bear cleaning the grooves in the oven front with a toothpick and you’re on the right track.
Work top to bottom
Start with high surfaces – light shades, the top of cupboards, ceiling fans – and work downwards, so dust isn’t falling on already clean surfaces.
Capture dust
Dust ceiling fans using a pillowcase, so the dust gets trapped inside rather than raining over the furniture. Similarly, a clean sock on your hand is a fuss-free way to clean blinds.
Mind your vinegar
Food grade white vinegar has five percent acetic acid, but cleaning vinegar has 20 percent more acid, making it miles more effective.
Dryer sheet dusting
Wipe skirting boards with dryer sheets. This leaves an imperceptible coating that prevents dust build-up.
Clean shave
An unexpected cleaning multitasker, shaving cream can be used for (among other things): cleaning white sneakers, restoring shine to chrome and stainless steel, spot-cleaning stains in carpet and upholstery (test it first), and cleaning and deodorising the floor around the toilet (a genius tip for mums of boys).
Emergency service
The Shark MessMaster Portable Wet/Dry Vacuum handles “life’s unvacuumable messes from DIY disasters to kid chaos”. It can handle everything from sucking up screws to dirt and even spilt milk.
Fantastic florals
Source: oneroof.co.nz, Sponsored by
Resene
Here’s how to use florals to create a bed of roses in your home.
Floral interiors have a timeless charm that can breathe life into any space, but they can be polarising.
Too much of the wrong type of floral design or the wrong colour combination can put some of us off and lead us to think that all floral designs are too busy, or too oldfashioned.
But, armed with some knowledge on how to put a floral look together, and with the right Resene paint colours and wallpapers, you can create a look that is bold, modern, soft, delicate or vintage - or whichever combination of those works best for you.
Resene colour expert Meryl Southey says balance and attention to detail are key when it comes to creating a floral-inspired interior that is beautiful, sophisticated and unique and works with the rest of your interior design.
“If you’re working with a floral wallpaper design, for example, first consider the location, the ambience you want to achieve and the scale of both your space and floral pattern,” she says.
“If you have a very large room and want to evoke a feeling of relaxation, a very busy design or one saturated in multiple colours might be overwhelming. On the flip side, if you have a large-scale mural with a simple floral motif, there needs to be space to admire it from a distance, before taking in the finer details up close.”
Take into account that in a small room, large-scale florals can visually shrink the space by appearing too big for the walls they’re on. In smaller rooms, smaller patterns create a sense of depth and intricacy without overpowering the room but in a large room they may feel lost and too wispy, particularly in delicate or pastel colours.
Soft blues let the delicate florals and dramatic background of this wallpaper sing in this dining room without dominating the space.
When it comes to balance, one way to break up a bold floral pattern over a large stretch of wall is to add a mirror, which can also help add light to a room, or a neutral headboard, Meryl says.
“You can also layer the look with white or neutral soft furnishings. Try soft dreamy curtains in linens or sheer fabrics, like many of those in the Resene Curtain Collection to soothe the impact of a bold floral print.”
Floral inspiration
One way to create a floral interior that won’t compete with the rest of your interior is choosing a colour palette inspired by florals, rather than a literal floral pattern. You can create the delicate or vibrant prettiness of a bouquet - or a field of flowers, without fears of busyness.
Start with a base of soft neutrals, such as Resene Half Alabaster or Resene Quarter Tea, which offer a clean, versatile canvas. These shades work well as background colours, allowing your floral elements to stand out but not compete with other colours.
Next, introduce floral-inspired hues that capture the essence of blooming flowers. For a fresh, lively feel, consider Resene Petal, a subtle pink with a hint of warm mauve. If bolder is more your style, try dramatic fuchsia Resene Smitten, glowing Resene Buttercup or sweet red Resene Vibe.
Once you’ve chosen one dramatic floral shade, work with layers of similar colours in different saturations and tones to create a look with depth and interest. Add colour contrasts in a fresh green like Resene Springtime or forest green like Resene Welcome for balance.
Use your colours on feature walls, furniture or as accents in decorative pieces against your neutrals.
Instant florals
Resene makes it easy to incorporate a wide range of floral styles with the Resene Wallpaper Collection that will give any room an instant change of vibe.
Opt for the delicate vintage style florals of Resene Wallpaper Collection 333125 or the more minimalist and delicate blue florals of Resene Wallpaper Collection M458-01 if you want to adopt an historical look that still feels contemporary and vibrant.
For a more modern feel, look for stylised floral designs such as Resene Wallpaper Collection 33955, which is visually arresting, but in a more neutral muted colour.
A hand-painted headboard of stylised flowers gives this bedroom a charming retro vibe.
A unique floral motif headboard gives a sophisticated update on classic pink and grey.
Another way to evoke the botanical without using a literal flower design is to try a repeat motif pattern such as Resene Wallpaper Collection M533-09. It also comes in a more muted neutral colour so your room has texture for visual interest without dominating.
For a romantic getaway, try the dramatic dark background and large bold floral of Resene Wallpaper Collection 2311-168-04 or the more intricate vines and pastel tones of Resene Wallpaper 333163.
Top tip: Resene can order samples of most wallpapers in the Resene Wallpaper Collection so you can see how your favourite pattern looks in your room. Or ask if the wallpaper book is available for borrowing – most can be taken home overnight for viewing at home. Look at natural and artificial lighting and other hard-to-alter features to get a good impression of how it will look.
Quick tips for a balanced floral finish:
Choose a focal point: Select one area of the room where you want a floral design to stand out, such as a feature wall, a statement piece of furniture or large artwork. The florals will draw attention without dominating.
Pair with neutrals: Balance bold floral patterns with neutral colours on the surrounding walls, floors and larger furniture pieces.
Use floral design but not colour. If you love the look of florals but are concerned about a colour overload, look for designs such as Resene Wallpaper Collection 333100 which give you the botanical look in a neutral shade.
Opt for subtle patterns: If you prefer a more understated look, choose smaller floral wallpaper patterns or motifs and use more muted tones than saturated shades. These can be incorporated into cushions, curtains or rugs adding a touch of nature without becoming overpowering.
Mix with solid colours: Break up the floral patterns with solid colours. If you have floral wallpaper, consider solid-colour cushions or a plain rug in a complementary versatile neutral, such as Resene Sea Fog or Resene Silver Chalice.
Use sparingly: Less is often more when it comes to florals. Limit the number of floral items in the room to just a few key pieces. This could be a floral armchair paired with plain curtains and cushions, creating a balanced, elegant look. When working with a busy floral pattern keep other features plain or keep to two or three framed drops of a robust botanical pattern such as Resene Wallpaper Collection 33304.
If you need help choosing the florals that will suit your project best, ask the Resene ColorShop team to help you view wallpaper samples in the wallpaper library at your local store, Ask a Resene Colour Expert online, www.resene.com/colourexpert, or book in a colour consultation, resene.com/colourconsult.
Subtle accents pick out the floral design of Resene Wallpaper Collection 220482 against a neutral background to create a balanced look.
Loan Market Lending Update
BNZ has reduced its one-year fixed mortgage rate by 26 bps to 4.49%, now the lowest rate available in the market. This follows TSB’s two year rate cut last week and signals more banks may follow.
For context, someone rolling from last year’s average 1-year rate of 5.19% onto BNZ’s new 4.49% could save over $5,088 pa on a $1,000,000 mortgage over 12 months.
This is welcome relief for borrowers, and is the sharpest 12 month pricing currently available.
So competition is heating up and other banks are likely to follow. Negotiation is still worthwhile, though discounts are harder to secure —meaning cashbacks and incentives now play a larger role in determining overall value.
For seasoned Investors - interest only borrowing remains available for upto 10 years which continue to provide more certainty and takes away the need for loan reassessment every 5 years.
• Compare offers carefully using calculators that include fees and incentives.
• Consider whether breaking your current loan could make sense in a falling rate environment.
• Negotiate – flexibility varies by bank and depends on your financial profile.
Overall September marks a turning point as Interest rate drops have provided tangible financial relief for households and creates momentum for sustained growth and a stronger more active market in 2026.
If you’d like me to run through your options or assess potential savings, let me know and we can look at the best approach for your situation.
Regards
Tenzin Choedon Mortgage Adviser
021 404006
tenzin.choedon@loanmarket.co.nz loanmarket.co.nz/tenzin-choedon
New Zealand opens doors to foreign buyers
Source: raywhite.co.nz
New Zealand has partially lifted its foreign buyer ban, allowing “golden” visa owners to purchase a single residential property valued at $5 million or more.
This represents a significant policy shift from the blanket foreign buyer ban implemented in 2018. The change follows revisions made to New Zealand's 'golden' visa, also known as the Active Investor Plus (AIP) visa, in April 2025.
To attract additional investment, skills, ideas and connections to New Zealand, the government made the AIP visa more accessible by lowering minimum investment thresholds from $15 million to $5 million for growth category investments and $10 million for balanced category investments, removing English language requirements, and reducing residency time obligations. As part of this broader effort to encourage high-value investment, AIP visa holders will be permitted to purchase residential property by late 2025.
Who is affected?
The eligibility rules, although loosened, still intentionally target a very small segment of the housing market. Given the broader investment requirements of the AIP visa, foreigners must first commit $5-10 million in qualifying investments before potentially another $5 million for property, creating a total $10-15 million entry threshold. First-home buyers and mainstream market participants face virtually no additional competition since these properties are well beyond typical New Zealander purchasing power.
This ultra-luxury focus is reflected in both the sales volumes and geographic distribution. Over the last three years, only 515 sales recorded a value above $5 million (0.2 per cent of all sales), and its impact is geographically concentrated with 72 per cent of all sales above $5 million coming from Auckland and 15 per cent coming from the Queenstown-Lakes District. The final 13 per cent of sales above $5 million is spread across Tauranga, Christchurch, and other regional areas of New Zealand.
Among suburbs, Remuera led with 69 sales above $5 million, followed by Wanaka with 24 sales. The top 10 suburbs account for 44 per cent of all $5 millionplus sales and are dominated by Auckland locations (Remuera, St Heliers, Herne Bay, Epsom, Takapuna, Omaha, and Milford) alongside two Queenstown-Lakes District suburbs (Wanaka and Arrowtown) and Mount Maunganui in Tauranga.
What is the expected outcome?
The main reason for lifting the ban is to attract capital and stimulate economic growth by bringing additional investment, skills, ideas and connections to New Zealand.
By allowing foreigners to purchase residential property valued at $5 million or more once they have met eligibility requirements for the AIP visa, Immigration New Zealand (INZ) is expecting a potential injection of $1.875 billion in minimum investment commitments.
GeoSolutions
Geotechnical Engineering Specialists
yuan.hong@geo-solutions.co.nz www.geo-solutions.co.nz
Site Investigations & Interpretation
Site investigations are performed by our specialist field staff and the site specific results are analysed by our qualified and experienced geotechnical engineers.
As of August 2025, INZ has approved 308 applications encompassing 1,000 individuals, with Americans representing 40 per cent of applicants.
However, given the narrow scope and high thresholds, the practical effect on overall housing affordability and market dynamics is expected to be minimal, preserving the original policy objective of protecting local buyers from foreign competition. Instead, the policy signals New Zealand is open to serious investors while delivering a carefully controlled stimulus at the very top end of the market.
GeoSolutions is a specialised consultancy practising in geotechnical engineering. We cover projects and sites all around the North Island and look after residential building sector.
GeoSolutions team is certified Chartered Geotechnical Engineer (CPEng) with Engineering New Zealand. We are also registered producer statement author (PS1, PS2 and PS4) with Auckland Council.
GeoSolutions is your reliable and cost-effective Geotechnical engineering professionals. Talk to us now and find out how we can offer assist.
Geotechnial Design & Reporting
We have analytical tools that allow detailed design on retaining structures and assess slope stability, with the in-house capability and expertise to design for your next project.
Construction Monitoring
We actively involve during the construction phase of the work to ensure our recommendations specified in our report followed and the project runs smoothly.
Atom Go Tian Senior Data Analyst - Ray White Economics team
Ray White Now
Introducing Ray White Now, an insight to provide clarity to all our customers on what is happening in the market now.
If you are considering selling we explain how you can take advantage of the current conditions to achieve the best possible sales outcome.
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Lemon risotto, herby pea swirl and asparagus
Recipe by Claire Aldous, Photography by Yuki Sato, Source: dish.co.nz
Creamy lemon risotto meets peas, asparagus and stracciatella in this vibrant seasonal dish.
INGREDIENTS
• 20 slim asparagus spears
TO SERVE
• 180 grams stracciatella
HERBY PEA SWIRL
• 2 cups frozen peas
• ½ loosely packed cup each mint and basil
• ⅓ cup olive oil
• sea salt and ground pepper
RISOTTO
• 2 tablespoons olive oil
• good knob of butter
• 1 large leek, white and pale green parts thinly sliced
• 2 cloves garlic, crushed
• 1 bay leaf
• pinch sea salt
• 2 cups risotto rice (e.g. arborio or vialone nano)
• 1 cup white wine
• 5–6 cups vegetable stock, warm
• 1 tablespoon finely grated lemon zest
• 1 cup freshly grated parmesan
• sea salt and ground pepper
SERVES: 4
METHOD
Cook the asparagus in a pot of salted boiling water for 1–2 minutes or until just cooked. Lift out with a slotted spoon and refresh in cold water.
PEA PURÉE:
Add the peas to the same pot of salted boiling water for 1 minute. Drain, then immediately place in a food processor with the herbs and olive oil and season generously with salt and pepper. Process until smooth, scraping down the sides of the processor as needed. Set aside.
RISOTTO:
Heat the oil and butter in a large pot and add the leek, garlic and bay leaf with a good pinch of salt. Cover and cook until the leeks are soft but not coloured.
Stir in the rice and cook for another minute until the rice is warm. Add the wine and stir until most of the liquid has been absorbed.
Begin adding the stock a ladle at a time, stirring and allowing the liquid to be absorbed before adding the next quantity. When the risotto is tender to the bite and has a creamy consistency, about 20 minutes, stir in the lemon zest and the parmesan. Season to taste with salt and pepper.
TO SERVE:
Spoon the risotto into warm shallow plates and swirl through the pea purée. Top with the asparagus and stracciatella, a drizzle of olive oil and a grind of pepper.
Wayne Maguire
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Gerry Smutz Licensee Salesperson 0275 203 980
Lesley Harris Licensee Salesperson 0274 935 498
Rain Diao Licensee Salesperson 021 066 4976
Pauline
Ray White Mission Bay, Kohimarama & St Heliers - Maguires One Teamare experienced real estate professionals committed to providing you with the best possible service.
Richard Lyne
Licensee Salesperson 021 687 000
Vicki Huntley
Licensee Salesperson 021 702 443
Bella Stefano
Licensee Salesperson 021 668 938
Martin Ma
Licensee Salesperson 0277 888 365
Rosco Valentine Licensee Salesperson 021 726 344
Priya Waller
Licensee Salesperson 021 131 2018
Lily Chang
Licensee Salesperson 021 280 5400
Licensee Salesperson 021 770 115
Stuart Trewheela Licensee Salesperson 027 482 4783
Anya Khominich Licensee Salesperson 027 654 3006
James Ford
Licensee Salesperson 021 020 37340
Mi Zhou Licensee Salesperson 022 019 6329
Vanessa Mowlem Licensee Salesperson 021 840 700
Hermanus Verheyen
Licensee Salesperson 021 081 16217
Elizabeth Ling Licensee Salesperson 021 383 939
Licensee Salesperson 022 182 2122
Larissa Tsapko
Rushmi Mahmud
We have a specialist team of experienced and successful agents who have a unique insight into Auckland Suburbs including Mission Bay, St Heliers, Kohimarama, Orakei & Glendowie.
Peter Sikka
Licensee Salesperson 021 853 698
Dave Tomu
Licensee Salesperson 021 960 702
Jasreen Sikka Licensee Salesperson 021 135 1798
Vivek Kommalapati
Licensee Salesperson 022 610 2669
Claudia Sanchez Licensee Salesperson 021 115 4571
Vannessa Torres
Licensee Salesperson 022 470 5839
Ray White St Heliers 10 Polygon Road rwstheliers.co.nz
Ray White Mission Bay 33 Tamaki Drive rwmissionbay.co.nz
Ray White Kohimarama 5 Averill Avenue rwkohimarama.co.nz
What's happening in the market.
Local Statistics
August 2025
Mission Bay, Orakei, Kohimarama, St Heliers, Glendowie
TOTAL SALES AUGUST 2025
38 Sales G2.6% G15.6% LAST YEAR LAST MONTH
BREAKDOWN BY SUBURB
Mission Bay = 5 | Orakei = 3 | Kohimarama = 6 | St Heliers = 14 | Glendowie = 10
MONTHLY SALES - LAST 12 MONTHS
MEDIAN SALE PRICE AUGUST 2025
MONTHLY TREND - LAST 12 MONTHS $1,890,000 E14.5% E26% LAST YEAR LAST MONTH
TOTAL SALES AUGUST 2025
14 Sales G30% G6.7%
Mangawhai, Mangawhai Heads, Wellsford, Kaiwaka MONTHLY SALES - LAST 12 MONTHS MONTHLY TREND - LAST 12 MONTHS $910,000 G6.2% G4.2%
Auction
vs Other Sale Methods
AUCTION
Maguires One Team - Reporting period: Jul 2025 - Sep 2025 43% 7%
OTHER SALE
METHODS
(Maguires One Team percentage of homes selling within 90 days)
OTHER SALE METHODS
AUCTION 38 52 days on market days on market
(Maguires One Team average days on market)
Sell with confidence through the auction method
One Team's Recent Sales
NZET
New Zealand Economic Times (NZET)
是新西兰领先的中文媒体平台，专注于房地产、财经资讯与市场趋势解读。
我们服务于新西兰本地高质量的华语读者群体——包括地产投资者、
购房者、金融从业者及商业决策者。
我们的文章与视频内容长期稳定覆盖超过 100,000 名新西兰本地读者与观众， 正逐步成长为最具影响力与公信力的华文财经媒体之一。
我们原创的核心栏目《新西兰地产行情》，深度解析楼市动态与政策影响， 已成为本地最受关注的中文地产资讯品牌之一。
选择 NZET，即可借助我们专业的内容影响力与精准的读者触达力， 全面提升您在华语市场的品牌曝光与转化效果。
欢迎广告合作，获取最新媒体方案，精准连接新西兰核心华语市场。
New Zealand Economic Times (NZET)
NZET is New Zealand’s leading Chinese-language media platform, focusing on real estate, financial news, and market trend analysis.
We serve a high-quality Chinese-speaking readership in New Zealand— including property investors, homebuyers, financial professionals, and business decision-makers.
Our articles and video content consistently reach over 100,000 local readers and viewers in New Zealand, and we are steadily growing into one of the most influential and trusted Chinese-language financial media outlets in the country.
By choosing NZET, you gain access to our professional content influence and highly targeted audience reach—empowering your brand to achieve greater exposure and conversion in the Chinese market.
Contact us for advertising opportunities and the latest media kit to connect directly with New Zealand’s core Chinese-speaking audience.
Maguires
PRESTIGE PROPERTIES
40 Kupe Street, Orakei
COME HOME TO HIGHLY SPECCED CENTRAL ORAKEI LIVING
Seize the day and move swiftly – this is your chance to savour the epitome of refined living by securing one of these six brand-new homes in a tightly held boutique development. These freehold title properties are a rare find in a sought-after bays’ locale. A range of versatile floorplans give discerning buyers – from families to professional executives and downsizing locals a layout that meets the needs of many modern households. Embrace an idyllic hassle-free lifestyle with the boardwalks, Orakei Domain, public parks, cycleways, and highly regarded schools all within a small radius.
Each home boasts exceptional build specifications, with interiors showcasing meticulous attention to detail and uncompromising commitment to design quality. All backed by a Master Build Guarantee. Choose from a range of expansive four- and five- bedroom layouts: two standalone homes and two sophisticated three-storey duplexes, with all featuring generously proportioned double bedrooms (including multiple master suites, walk-in robes, and ensuites), sensational designer bathrooms, well-appointed living spaces and internal access garaging. High quality timber flooring, elegant wall panelling, and sleek bathrooms combining tile, stone, and glass determine a contemporary, considered aesthetic, while each property boasts seamless flow to secluded alfresco courtyards. Each sun-filled outdoor area extends opportunities for entertaining or simply unwinding after work.
Combining architectural excellence and convenience, these residences represent a unique opportunity to own a brand-new home in one of Auckland’s most coveted coastal post codes. With easy access to beaches, green spaces, commuter routes, and the city centre, this is urban sanctuary places outstanding amenities within easy reach. Be quick to stake a claim in this prestigious enclave where bold style blends with practical urban living so close to the vibrant cosmopolitan precincts fringing the bays’ iconic shoreline.
Set Date of Sale: Closing Friday 21 November
Viewing: Please contact salespeople for viewing details
Wayne Maguire
0274 22 33 77 | wayne.maguire@raywhite.com
Anya Khominich
027 654 3006 | anya.khominich@raywhite.com
Mi Zhou
022 019 6329 | mi.zhou@raywhite.com
10 Fern Glen Road North, St Heliers
ELEVATED PRESTIGE ON THE RIDGE!
This architecturally designed statement home is proudly positioned on one of St Heliers' most coveted ridge-line streets. Set on a full 809sqm site adjoining Dingle Dell bush reserve, this concrete and cedar board & batten home with a substantial 342sqm floor plan offers a striking blend of scale, timeless design, and modern functionality.
From the moment you arrive, there's a strong sense of elegance and symmetry, with landscaped gardens, pristine lawns, and a layout that is both visually appealing and highly practical.
A spacious foyer welcomes you, with stairs leading up to the main living level. Here, a generous open-plan living and dining area with elevated views features high stud ceilings and floor-to-ceiling windows that bathe the space in natural light and all-day sun.
Seamless indoor-outdoor flow leads to a sun-drenched deck - ideal for entertaining or relaxing in the quiet, leafy surrounds. Inside, American Oak honey-toned parquet flooring guides you to the designer kitchen and adjoining family room that flows easily to a tiled patio and same-level, landscaped lawn and garden. Also on this level is a flexible, light-filled room enjoying Northerly views (currently used as a spacious home office), the second of three bedrooms (with dual-entry bathroom), and a separate laundry with outdoor access.
Upstairs, the oversized master suite is a sophisticated retreat, offering spectacular views across the harbour to Rangitoto Island. A Juliet balcony allows you to fully appreciate the outlook, while bringing in natural light and sea breezes. A generous walk-in wardrobe and ensuite with double vanities complete this level.
The third bedroom is located on the entry level and has access to a dual-entry bathroom. This level also features a dedicated media room with projector, which opens out to an inviting private outdoor lounge area complete with a HotSpring spa.
Off-street parking is well catered for with a two-car garage connecting to a private service area-ideal for trailers, watercraft and garden equipment.
Located on a peaceful, private road overlooking picturesque Dingle Dell Reserve, this sun-filled home is surrounded by the gentle soundtrack of native birdsong. Just moments from the St Heliers waterfront and village, it's zoned for St Heliers School and Glendowie College, with nearby bus routes to private schools and other key amenities. This is a rare opportunity to secure a truly prestigious home in a highly sought-after neighbourhood.
Auction: 5pm, Wed 22nd Oct, In Rooms, 10 Polygon Rd, St Heliers (unless sold prior)
Viewing: Please contact salesperson for viewing details
Waiatarua
UNLOCK
A RARE DEVELOPMENT OPPORTUNITY-OWN THE REMARKABLE!
This is more than just a property. Fly in by helicopter and step out in style to your private estate retreat. It's an investment in scale, location, and legacy. Whether you're seeking a luxury private residence, a hospitality investment, or a visionary development opportunity, this estate delivers on every level. Owned by one family for over 80 years, this generational estate in the Waitakere Ranges is on the market - offering unmatched subdivision potential and multiple income streams in one of Auckland's most sought-after natural settings.
Subdivision Investment: Potential to subdivide into 7 sections, including existing infrastructure and buildingsfast-track your next development project.
Situated on an elevated 28-hectare site, rich in native forest and protected surroundings - rare landholding this close to Auckland. Resource consent in place for an additional 12 luxury hotel rooms (valid until April 2026), adding immediate value to the existing 28-room accommodation.
Income-Producing Assets Already in Place: Two hotel buildings - one iconic, one newly built - offering 28 highend rooms, each with panoramic views of Auckland City and the Hauraki Gulf.
On-site restaurant, wellness retreat, spa, pool, gym, and full resort amenities supporting guest and event revenue.
Conference centre, wedding venue, and private chapel - ideal for year-round bookings and large-scale events. Helipad and dedicated landing area to attract highend clientele. Two additional serviced apartments and a spacious 4-bedroom home provide further rental or resale opportunities.
Location & Lifestyle Appeal: Just 30 minutes from Auckland CBD, yet completely immersed in naturewith waterfalls, walking tracks, streams, and reserves surrounding the site.
Positioned within the Waitakere Ranges Regional Park - offering tranquility, prestige, and long-term value protection. Access to key regional infrastructure while retaining complete privacy and seclusion.
Investor Highlights: Development-ready site with highend amenities already generating income.
Rare combination of natural beauty, scale, and proximity to Auckland. Short-term and long-term growth potential through subdivision, hospitality, and events. Position yourself above the market - and build the future here.
$15,000,000
Viewing: Please contact salesperson for viewing details
41 Cliff Road, St Heliers
Set against an awe-inspiring backdrop, this distinguished 3,700 sq ft clifftop residence offers sweeping, uninterrupted views from Rangitoto Island to the iconic Sky Tower. Perfectly blending modern sophistication with natural beauty, this residence fosters a seamless transition between indoor and outdoor living. Located in the highly coveted St Heliers enclave, this property promises an exclusive lifestyle, offering both ultimate privacy and effortless proximity to the vibrant village and waterfront.
View: Please contact salespeople for viewing details
4/15 Sprott Road, Kohimarama
EXCEPTIONAL FAMILY LIVING
This exquisite, well-designed family residence showcases generous, sun-filled, open-plan living spaces, creating the ultimate entertainer's dream. It uses premium luxury fixtures and fittings throughout, whilst offering the comfort and flexibility you would expect to find in a quality contemporary home.
Set well back from the road and uniquely positioned at the end of a long drive, this modern home provides a tranquil tropical sanctuary in one of Kohimarama's most desirable locations.
The clever design and layout are spread over two levels and feature two separate living areas to ensure everyone has their own sense of space, whilst providing an alluring lifestyle and entertaining options for families of all ages.
Filled with an abundance of sun and natural light, this home will no doubt appeal to those astute and discerning purchasers who appreciate quality, style, and space. Flawlessly appointed interiors with solid timber flooring throughout and high ceilings complete this masterpiece.
The bespoke kitchen has been well-thought-out and will surely be the heart of the home, incorporating the spacious living and dining areas, featuring quality appliances, and complemented by a separate spacious scullery.
The sumptuous, open-plan living and dining area is an ideal space for both relaxation and entertaining. Large, floor-to-ceiling sliding doors allow an easy transition from your kitchen, living, and dining onto your large, north-facing deck, complete with a pool, outdoor fire and heaters, a built-in BBQ, and easy-care established tropical gardens.
The superbly appointed home offers four generous bedrooms-including a stunning master suite with a walk-in wardrobe and ensuite, a spacious family bathroom, and a powder room. Further features include a fully integrated smart-home, a separate laundry, a large double internal garage, significant storage options, a comprehensive security system, and central air-conditioning/heating. The property is fully fenced and set behind electric gates for peace, privacy, and added security.
This home promises lifestyle excellence in this tightlyheld position, within easy walking distance to both the local primary and secondary schools as well as local beaches, parks, cafes, and St Heliers village. Properties of this calibre are rare. Don't miss this opportunity to secure this truly spectacular home. Your earliest inspection is strongly advised.
For Sale
12B Ashwell Street, Kohimarama
ARCHITECTURAL TRANSFORMATION - EFFORTLESS LIVING
A quality family home with just two owners since constructed, this 1963 original, has been masterfully reimagined by Simon Pirie Architect into a large re-built executive family residence.
Renovated from below the ground up with a new CCC issued in 2020. It blends timeless architecture with contemporary ease, featuring proven weatherboard and block construction, a cantilevered deck, and a private louvered outdoor living space.
Offering superb work from home options plus a semi self-contained studio complete with mini-kitchen.
Here the children can walk to excellent schools (St Thomas School & Selwyn College) with a cycleway access to the CBD close by.
The home boasts ample off-street parking, a private elevated position perfectly oriented to the sun with fully landscaped grounds.
Seldom does a quality home with architectural pedigree and comprehensive family function become available. There is only one - don't wait (carpe diem).
View: Phone for viewing times For Sale: Price on application
20/20
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Maguires
RESIDENTIAL
Country & Coastal
