Growing in Southland – Valuation Partners’ Commitment to the Region
Valuation Partners is now proudly supporting the Southland region. With services currently delivered by our Dunedin and Queenstown teams, we’re looking to appoint a permanent local valuer and continue building our presence. We're also inviting experienced valuers considering retirement to connect with us and explore our Succession Partnership Model – a flexible pathway to step back while leaving a lasting legacy.
How the Official Cash Rate (OCR) Affects Property Prices in New Zealand
Property prices in New Zealand are influenced by a range of factors, and one of the most significant is the Official Cash Rate (OCR). Set by the Reserve Bank of New Zealand (RBNZ), the OCR plays a central role in determining mortgage interest rates, which directly impact the property market.
Understanding Property Valuation in New Zealand: Capital Value vs. Market Value
When it comes to property valuation in New Zealand, there are two key terms that often cause confusion: Capital Value (CV) and Market Value (MV). While both provide an estimate of a property's worth, their purpose, methodology, and accuracy differ significantly. Understanding these differences is crucial for homeowners, buyers, and investors.