Skip to content

More Australians buying New Zealand property?

  • 14 Sep

The Q4 figures on buying and selling of NZ property by people without citizenship/residency visa will be published by Stats NZ on Tuesday, and probably won’t get much fanfare – as they’ll still be low. Anecdotally, though, there does seem to have been a pick-up in interest from Australians (who are exempt from the ban), so it’ll be interesting to see if that shows up in the figures. But even if they have been buying in slightly greater numbers, I still wouldn’t automatically jump to the conclusion that this has somehow significantly altered prices.