Buying guide

Why real estate is a good investment

Planning for investment success

Josh Phegan
Last updated: 9 July 2024 | 5 min read
AI

AI summary

Real estate is a strong long-term investment offering both rental income and capital growth. Expert Josh Phegan advises a "buy and hold" strategy to navigate market cycles successfully.

Current NZ conditions are favourable for buyers. With interest rates having peaked, easing LVR restrictions, and high property supply, it's a good time to enter the market for potential future gains.

When investing, focus on properties near transport, with redevelopment potential, and where you can add value through simple renovations.

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When it comes to location and type of property, what would you recommend in a real estate investment?

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Financial Disclaimer

Authors

Josh Phegan Josh Phegan
Real Estate Speaker, Trainer & Coach

Gill South Gill South
Business and property journalist