As Wanaka continues to grow both economically and in population 2018 brought about numerous legislative changes which have influenced the Wanaka property market, largely impacting overseas buyers, investors and property management.
Our community continues to thrive with new commercial and residential developments.The proposed airport expansion is expected to promote growth in our lakeside town, with work on the masterplan beginning in September 2018 and predicted to be completed by September 2019. The $12.8million Wanaka Pool opened in June and saw 9511 visits in October, a 12.5% increase from the 8458 visits in September.
Low interest rates and legislation changes are giving buyers hope that the property market may be sofening and will promote a strong buying period. If you’re looking to step onto the property ladder or upgrade your residence, then make contact with us directly to discuss your needs and we will endeavour to match you with a suitable selection homes across all price points. And if you already own a property then take advantage of other peoples money to grow your portfolio. Currently interest rates are the lowest they have been since World War II and while paying down your home loan may sound great, talking to a bank or broker about the possibility of buying multiple properties and have your tenants pay oﬀ the loans may prove better in the long term
As we continue to see very frustrated buyers at the shortage of existing homes and sections in the Wanaka area, we encourage anyone planning to sell a property to discuss with us where your investment may be positioned in the market. We can also provide a free & informative report on specific properties, so please contact us today and have a chat about how we can help you unlock the financial potential in your property!
Guy and Sheryl Alty
For further up-to-date information on what is happening in the NZ property market click here!
From initial contact, the Altys are consummate professionals, working hard to establish their clients’ needs and delivering on them efficiently and effectively.
With their proven team work Guy and Sheryl ensure all aspects of representing your property are managed professionally and with precision. While residential sales are their specialty, their combined experience and expertise in commercial and investment property transactions can offer you a complete service for your entire portfolio. After two decades developing snowsports within New Zealand and a longstanding connection with the Southern Lakes region, Guy & Sheryl moved with their family to Wanaka from Christchurch and have never looked back.
Together they have a huge enthusiasm for real estate and that shines through in everything they do. Innovative thinking, utilisation of great partnerships and regular communication help produce remarkable results for their clients. The Altys have worked hard over the past five years to establish themselves as the leading agents in the Harcourts Wanaka group. They rank amongst the top 100 Harcourts agents nationwide, New Zealand’s largest real estate network. Their vast national and international network compliments the strength of the Harcourts brand and ensures your property gets in front of a broad range of buyers.
Described by their clients as being highly confident and enthusiastic agents, who work hard and are passionate about what they do, the Alty’s dedication to getting the best possible result for their clients has been proven time and time again. Reassured by their knowledge and experience, the Alty’s clients keep coming back for more and referring their friends and family too. Engage with the Altys today to make your realty dreams a reality!