Rotorua property news


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.

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.

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.'

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.'

NZ projects short-listed for World Architecture awards
Stadium, university, retail, home, spa, bach, marae, office buildings are all on the list.

NZ’s most expensive secrets: Hidden mansions with $15m-plus price tags
Owners know their homes could take months to sell.

White Island Tours declares insolvency, liquidators appointed
Company struggled to raise money to pay a fine after eruption tragedy.
Property news around NZ

Airbnb landlords under pressure to sell
Property owners could be hit with higher rates bill if council's proposal passes.

Rotorua’s misery mile ‘derailed’ house prices in the city
Agents say emergency housing issues have been addressed, but the damage has been done.

Aucklander’s 88 years at Lake Rotoiti bach ends with $4m sale - more than $2.5m above RV
Vendor says selling holiday home the most unpleasant thing he's had to do.

‘Most unpleasant thing I’ve had to do in my life’: Family sells lakeside bach after 88 years
Aucklander Richard Leary, 88, was only a baby when his father bought 7.2ha block in 1936.

'Accessible by boat or helicopter': Richwhite bach on Lake Taupō for sale
'Charming fisherman's cottage with three bedrooms, one bathroom' — and adjoining boatshed.

Sister has brother evicted from Taupō home to enable sale
Sibling had taken out an ANZ mortgage over the parents' home to invest in a business.