'Mum and dad' investors are back in the property market

'Mum and Dad' investors are returning to the New Zealand property market, with their share of purchases rising from 21% to almost 25% over the last 18 months. This nationwide trend is driven by smaller-scale investors buying a second property or expanding a small portfolio.

These investors are finding value in the current market, with new-builds a popular choice due to lending rule exemptions. Key drivers include the reinstatement of Mortgage Interest Deductibility and lower interest rates improving rental property cashflow.