Consider these 4 factors before buying a rental property in Hamilton

Here are some factors to consider when looking to invest in Hamilton's property market:

Location: The best areas to invest in Hamilton are generally those close to the central business district, schools, public transport, and amenities. Some of the popular suburbs for investors include Hillcrest, Dinsdale and Frankton.

Property type: Hamilton has a diverse range of properties, from standalone houses to apartments and townhouses. It's important to consider the type of property that will suit your investment strategy, target market, and budget.

Rental yields: Hamilton's rental yields are generally higher than Auckland and Wellington. You should research the average rental yields in different suburbs and compare them to the purchase price to assess the potential return on investment.

Regulations: As a landlord, you need to comply with various regulations and laws related to renting out properties in New Zealand. These include the Residential Tenancies Act, Health and Safety at Work Act, and Building Act. The legislation is constantly being updated and amended and engaging a property management company like Waikato Real Estate will ensure you are right across and up to date with the ever-changing legal landscape.

Ultimately, the best areas to invest in Hamilton as a landlord will depend on your investment goals, budget, and risk appetite. It's important to do your research, seek professional advice, and make an informed decision based on your circumstances.

We would love to discuss your investment goals with you! Call Michelle on 021 0832 1516 or email her on michelle@wre.co.nz

Oliver Pearson

Manager and Property Investor for 20+ years

Oliver Pearson

Manager and Property Investor for 20+ years

Oliver Pearson began investing in property aged 21 and has since bought, developed and sold real estate in the UK, USA, South East Asia and New Zealand. After a career in banking he is now on the management team at Waikato Real Estate and has contributed to property articles for NZ Herald, Stuff and Property Investor Magazine.

Based in Raglan, Oliver's passions extend beyond property to surfing, hydrofoiling, and providing a taxi service for his children.