Lodge Property News

Lodge expands into body corporate management

7th Jul 2014, 11:07pm

Leading Hamilton real estate company, Lodge Real Estate, has expanded its business portfolio with the launch of a body corporate management service.

RBNZ raises OCR to 3.25 percent

12th Jun 2014, 2:21pm

New Zealand’s economic expansion has considerable momentum, with GDP estimated to have grown by around 4 percent in the year to June.

Rental Warrant of Fitness

10th Jun 2014, 12:58pm

Regardless of the make-up of the newly-elected Government later this year, landlords can expect some sort of minimum standard to be applied to rental properties.

Opportunity Knocks

8th Jun 2014, 12:54pm

The latest release of data from Statistics New Zealand should keep residential property investors happy.

Residential Rental Market Review

6th Jun 2014, 1:02pm

Rental occupancy rates throughout autumn continued at full levels, and we expect to see no change as winter takes hold.

Hamilton Residential Market Review

6th Jun 2014, 12:43pm

The Reserve Bank LVR restrictions continue to affect the Hamilton housing market. The number of house sales has dropped 20% since restrictions were enacted.

Are smoke alarms a landlord’s responsibility?

9th Jun 2014, 12:15pm

There is currently a great deal of discussion about ‘building warrant of fitness’ for rental properties. Unsurprisingly, one of the common criteria on checklists has been the installation of smoke alarms: There is no question smoke alarms are a key warning device in reducing deaths or injury caused by fires at home.

Changes to the eviction process

5th Jun 2014, 10:29pm

There are two key implications for landlords to the tenancy eviction process, brought about by recent changes to the District Courts Act 1947

Hamilton Housing - Volume Down, Prices Up

11th Apr 2014, 3:41pm

Lodge Real Estate’s managing director, Jeremy O’Rourke, said the Hamilton residential real estate market can be characterised by one word: paradoxical.

Rents on the Rise

1st Apr 2014, 10:51am

Lodge City Rentals managing director, David Kneebone, said the company’s 3000 Hamilton rental properties are almost fully occupied with demand from tenants wanting quality family and executive homes the highest he has seen since the company started managing properties in 1982.

Hamilton Sales Numbers Low for February

21st Mar 2014, 2:26pm

Lodge Real Estate’s managing director, Jeremy O’Rourke, said February’s residential real estate numbers released by the Real Estate Institute of NZ (REINZ) today point to the fact buyers’ ‘fear of missing out’ is virtually gone from the Hamilton housing market.

Hamilton Residential Sales Report - July

13th Aug 2013, 9:06am

July sales volumes in Hamilton City remain steady compared with the June 2013, and are up by 21.7% compared to July 2012. The Hamilton City median house price was higher in July 2013 than it was one month ago and one year ago - it increased by $10,000 (or 3%) to $345,000 compared to $335,000 in June 2013; and it has increased by $6,180 ($1.8%) when compared to June 2012 when it was $338,820.

First home buyers showing urgency in Hamilton housing market

10th Jul 2013, 3:35pm

Lodge Real Estate reported today that the number of homes sold by agents in Hamilton during June, 251, was down on last month’s high of 301.

Residential Rental Market Summary

6th Jun 2013, 9:52am

The onset of winter sees most people hunkering down for the season, and this is reflected in our rental portfolio, with occupancy rates remaining solid at nearly 99% capacity.

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