Population growth is one of the key drivers of real estate prices… but do you know the others?
New Zealand’s population is projected to increase by roughly 468,000 between 2015 and 2025 (Statistics NZ). That’s almost the entire population of the Wellington Region in just 10 years.
In the 2013 Census, New Zealand’s average household size was 2.7 people. With our population increasing at a rough rate of 468,000 in ten years – or around 5.34 people every hour – we need almost 1 new dwelling every 30 minutes to keep up.
Do you see that as something to be afraid of or as an exciting investment opportunity?
There are significant wealth creation opportunities for investors if they put themselves in the right places at the right times. That’s what we are experts at doing.
Click here to see examples of gains our clients made when we positioned them ahead of market growth.
It’s not just about market positioning though. You can get lucky once, maybe even twice, but to consistently be able to improve and better your property portfolio there are more factors at play.
Download our free PDF and find out the 3 main reasons why people have to sell their properties early and end up losing money.