The figures for Christchurch suggest there is increasing volatility in that market, which is likely being driven by the rising stock of housing coming on to the market.
Both the lower quartile selling prices and the rents dropped in all three of the areas monitored by the Yield Indicator between September and December.
In Hornby/Islington/Hei Hei the lower quartile selling price declined from $377,000 in the six months to September to $375,000 in the six months to December, while the median rent dropped from $450 a week to $430, and the combined effect of those changes saw the yield decline from 6.2% to 6%.
In Riccarton the lower quartile price dropped from $490,500 to $470,375 and the median rent from $460 to $450, while in Woolston/Opawa the lower quartile price dropped from $330,000 to $325,000 and the median rent from $417 to $327.
Those figures should ring alarm bells with Christchurch investors who are carrying reasonable amounts of debt because they could find themselves squeezed between declining capital values and falling rental income, while those investors looking to add to their portfolios may prefer to sit on the sidelines for the time being to see where things end up.
most exciting thing will happen! 作者: Ageorge 时间: 2016-2-4 14:07:29
剑客浪心 发表于 2016-2-4 13:15
most exciting thing will happen!
Yea. The major ruptures along the Alpine Fault will cause earthquakes of about magnitude 8 after you start to babbbbbbbeling your shity cave. For your own sake, Could you shut your pipe hole please? God bless Chch! Amen!作者: phlip0813 时间: 2016-2-4 18:33:29
