Kiwi commentators have been closely observing developments across the ditch recently, looking for clues about the direction of New Zealand’s national housing market in the coming months.
Despite rapid value escalation, upward pressure on average weekly rental rates has boosted property yields, increasing the value proposition for residential investors across urban centres like Melbourne, Brisbane and Sydney. In addition to this, the luxury property market continues to perform with strength, bolstered by a lack of quality supply available on the market.
