How much deposit do I need to buy my first home or an investment property?

This is definitely one of the questions I hear most often so I decided to answer it in our blog. I will divide my answer in 2 groups: deposit for your own home and  for a rental property. Deposit for your own home The standard banks' policy states that you need 20% deposit in order [...]

By |2019-05-20T03:04:31+00:00May 19th, 2019|Blog, Residential|0 Comments

Are you contributing enough to your KiwiSaver?

Earlier this morning I read an article in NZ Herald advising that most New Zealanders contribute less than $2000 per year to their KiwiSaver accounts. This made me think about how insufficient this would be to acquire a nest egg for the retirement. According to the article, someone putting in $2000 a year from 25 [...]

By |2018-09-13T19:04:20+00:00September 13th, 2018|Blog|0 Comments

Cambridge “Town of Champions” – Can You spot the opportunity?

Looking for a secure and affordable location to invest? Look no further. Cambridge has consistent high demand from professional tenants moving to this thriving community. We at Diamond Property Group pride ourselves on only recommending high quality investments in dynamic growth locations such as Auckland and Hamilton. After carrying out  comprehensive due diligence on Cambridge last year [...]

By |2018-09-13T19:03:31+00:00September 13th, 2018|Blog|0 Comments

Is cheap property the bargain you have been looking for?

When you go shopping for a car or a dress, do you look for the cheapest item you can possibly find? What about grocery shopping or travel? Would you prefer to buy a better cut of meat or the one that you will have to trim? Would you go travelling with the cheapest airline? Correct [...]

By |2018-09-13T19:03:23+00:00September 13th, 2018|Blog|0 Comments

If you are an investor don’t make these mistakes

Every day there are thousands of hopeful aspiring new investors coming into the market wanting to build wealth for their families. At the same time there are also thousands of people exiting the field swearing to never go back to property investment. When I ask the latter why it didn’t work out, they often answer [...]

By |2018-09-13T19:02:06+00:00September 13th, 2018|Blog|0 Comments

Best cities to buy rental properties in New Zealand

Whenever we come across a new client in person or over the phone, the first things we share is : – We only deal with brand new property investments – We only recommend investment properties in Auckland, Hamilton and Cambridge We do not deny that there are opportunities in other parts of the country, but we [...]

By |2018-09-13T19:00:57+00:00September 13th, 2018|Blog|0 Comments

Why can’t many people buy their first homes even when they have a great deposit and sufficient income?

The answer is: they have crippling consumer debt. Before I start preaching let me just tell you my own personal story. Despite my never ending love affair with property investment, over the course of less than a year I have added around $40k in consumer debt to my previous car loan. On the outside everything [...]

By |2018-09-13T19:00:22+00:00September 13th, 2018|Blog|0 Comments

Retirees spending more than what they get from NZ Super: research

This article is fully copied from NZ Herald. The link is under this article. We are very passionate about spreading the message as to why you need to plan for your retirement. Hence we are sharing it here. Hopefully, more people will get more serious about planning for their retirement and enjoying the “choices” lifestyle. [...]

By |2018-09-13T18:57:17+00:00September 13th, 2018|Blog|0 Comments