Tag by ‘Flipping’
Flipping News
Catherine Smith
Buyer’s $1.25m gamble on South Auckland dump ends year later in $375K loss
Buyers who paid market peak prices getting realistic about their re-sale profits – or losses.
Catherine Smith
End of the quick flick: South Auckland slump costs trader an extra $100K
Smart vendors are targeting owner-occupiers as developers pull out.
Nikki Preston
'We're not a nation of house-flippers': Kiwis holding onto homes longer
New analysis reveals where Kiwis hold onto homes the longest and shortest.
Catherine Smith
$2.2m Grey Lynn ‘dump’ back on the market after makeover
Developers turn run-down villa into modern home in just over a year.
Catherine Masters
Brightline test has not slowed property traders in South Auckland
“We know traders who buy and sell 20, 30, 50 properties a year - they pay tax on every single one.”
Catherine Smith
Ex-All Black Ben Afeaki scores $700K profit after flipping Pt Chev home for $2.36m
He bought the property last year, but decided to sell up for move north.
Catherine Smith
137 bids over 40mins: Panmure house hits $3.75m at auction
Vendor scores $2.31m profit after buying property three years ago for $1.44m.
Catherine Smith
'$1m is nothing now': South Auckland house doubles in price after flip
Three-bedroom home in Otara sells under the hammer for $1.585m.
Ashley Church
Ashley Church: Do-nothing flippers are leeches and deserve to be booted out
But have changes to the Bright Line test really made a difference?
Diana Clement
Is it game over for house-flippers in NZ?
Rising construction costs and shake-up of housing market have put paid to a quick buck.