Karen Worley - Group Marketing Manager
	Click to view Eves property listings.

Prime Minister John Key has signaled reform in three key areas, with details expected in May's Budget.

# Income tax top rate goes from 38 per cent to 33 per cent
# GST goes to 15 per cent
# Depreciation allowances removed for buildings and loss limits put on rental properties.

The past two years have seen some investors exit the rental business owing to changes in property market impacts on their own circumstances. That's provided opportunities for first home buyers and for landlords increasing their portfolios at lower purchase prices and favourable interest rates.

Reduced new home constructions over the past couple of years, first home buyers picking up some of the previously rented stock and finally a continuing positive migration to our region have combined to result in demand for certain types of rental properties now exceeding supply.

For well established landlords and those entering the residential investment market for the first time, the current market offers good opportunity. That is, provided the necessary homework is done regarding financial planning and informed selection made of suburbs and house types where tenant demand exceeds supply.

Our teams of Eves sales and property managers teams can be of real value in this regard, they welcome your enquiry.