Rotorua property news


All rentals must meet five Healthy Homes standards by July 1
Heating, insulation, ventilation, moisture and draught-stopping standards all coming in.

Govt considering 'demolition' for Chateau Tongariro, deemed a ‘fiscal risk’ in Budget 2025
Options are being investigated for the site, 'including demolition'.

$135m distributed last year by iwi to members
Distributions paid have increased by around 35% in the last five years: Phil Barry, TDB.

Asset values up only $100m since 2022: New report on 10 biggest iwi
Most iwi had positive financial returns in 2024, an improvement on 2023: latest report

NZ’s most expensive and cheapest streets revealed
Mansion fans and bargain hunters should check out these addresses.

Baches for as little as $199,000 at NZ’s best-kept secret - but there’s a catch
Holiday homes on leasehold land at Lake Rotomā are in demand, say agents.

Out-of-town buyer carves up multi-million-dollar Lake Tarawera estate
He's keeping the luxury bach and selling off the rest.

Locals beat Chinese and American buyers with $10m purchase of Rotorua lodge
Sale price record for the district is well and truly smashed.

Whakaari White Island tour company owes $8.5m, liquidators say
Just $53,000 in assets as liquidators work to sell what they can.

Revealed: Where Kiwis have the best chance of buying a house for less than $500,000
The numbers show the hotspots for affordable homes.

National, local companies are creditors of Rotorua housing project
The financier wants $28.2m; unsecured creditors are listed as being owed another $167,000.

Florida funder loaned $28.2m to Rotorua housing project
Liquidator expects no loss to customers.

Receivers, liquidator in charge of Rotorua's Mountview Green final stages
Receiver says 22 homes completed, not settled; 20 more in various stages of construction.

NZ house prices could rise 5% in 2025 as analysts signal market turning point
Also find out where house prices and rents rose fastest and slowest in NZ's year in review

The region that's overtaken Auckland as the most expensive to rent in
Trade Me Property’s latest Rental Price Index is out.

Luxury boutique properties under new management
The signings bring its management portfolio to 20 properties.

'Invaluable aid' for buyers: Three BoP suburbs make OneRoof’s ‘Hot 100′ list
'We all want to buy at an affordable price and to live in a suburb that’s on the rise.'
Property news around NZ

Homeowners' loan applications rejected - ‘they haven’t got any equity to play with’
Those who bought at market peak may have to wait some time before they can upgrade.

Singaporeans pay $40m for 24.9% of five-village retirement chain
'This is a capital-intensive business. We really want to expand' – chairman Bill McDonald.

McMillionaires: The McDonald's franchisee power list
Seven entities own more than 20 of the 180 outlets. We name them.

NZ’s biggest house-builder G.J. Gardner planning 30% franchise growth
'If you’re in a really tough game, go on the attack.'

Explained: Why would Kmart expand in this tough retail environment?
Boss from across the Tasman explains the reasoning behind Kmart's expansion here.

Crushing 4% rental yield gap largest in 15 years – but many investors undeterred
'Rents are nowhere near enough to cover the mortgage for a typical debt-backed purchase.'