Purpose – Private sector residential property investors aiming to achieve optimal total returns need to be able to identify the best performing suburbs in a city. The purpose of this paper is to analyse the risk‐adjusted investment performance of 19 suburbs within Auckland City and provide...

Purpose This paper aims to investigate the stigma effect on property valuation/sale price for remediated residential leaky buildings constructed in New Zealand during the 1990s and 2000s. In particular, the authors want to know whether meeting the regulatory standards for remediation work will...

Purpose – The purpose of this paper is to investigate the relationship between dairy farmland prices and farmland rental incomes in New Zealand from 1982 to 2009. Design/methodology/approach – Using the net cash income received under a 50/50 share‐milking agreement to proxy the net cash...

This paper proposes an improved net rate analysis using the assessed land values to proxy market land values in real estate appraisals. Compared to the traditional sales comparison approach, the method has greatly simplified the comparison process and extended the potential pool of comparable...

This paper investigates how changes in the central bank policy and retail mortgage rates affected real housing prices in New Zealand during the period 1999–2009. We find that real interest rates are significantly and positively related to real housing prices, indicating that increases in the...

There was a problem for the effectiveness of monetary policy by setting OCR changes to influence house price movements. We find that the announced OCR changes had a close link to the floating or short-term mortgage rate changes, and in contrast house price movements were linked to long-term...

This paper studies how commodity price movements have affected the local house prices in commodity-dependent economies, Australia and New Zealand. We build a geographically hierarchical empirical model and find that the commodity prices influence local house prices directly and also indirectly...

This paper studies how commodity price movements have affected local house prices in commodity-dependent economies, Australia and New Zealand. We build a geographically hierarchical empirical model and find that commodity prices influence local house prices directly and also indirectly through...