You have probably heard people go on and on and on about how owning property is important. You may be scratching your head thinking, yeah, that’s all good, but why? Allow us to put you out of your wonder and give you some clarity on this topic. 

Owning a home is not just a financial decision; it’s the cornerstone of stability and financial wealth for you and your whānau. In fact, owning a home offers an array of benefits. Let’s explore some of them.

4 benefits of buying property

  • Stability: One of the primary advantages of homeownership is the stability it brings. Having your own home provides you with a sense of security, permanence and stability for both you and your whānau. This is especially true, in a property climate where there is a housing shortage and finding a place to rent is becoming increasingly harder for many Kiwis.


  • Equity building and no capital gains tax: Equity building is another fantastic reason to get on that property ladder. But let’s just briefly look at what equity is. In plain English it’s basically the portion of the property’s value that belongs to the owner. It is the difference between the property’s market value and the amount still owed on the mortgage. So, as the value of your property increases over time (and you pay down your mortgage), the equity in your home increases as well. And now, for the other wonderful (and very unique!) thing about New Zealand: there is no capital gains tax. This means if you buy your home for $600,000 and sell it for $800,000 you get to pocket those $200,000. Not too bad, right?


  • Long-term investment: Real estate has again and again proven to be a secure and profitable investment, outperforming many other types of investments. With a strategic approach to property ownership, you not only secure a roof over your head but also create a valuable asset that can be passed down through generations – or you can sell and use the money for your retirement (the possibilities are endless).


  • Connection to whenua: Homeownership can be a strong connection to whenua, heritage and community. Owning a home is not just about bricks; it can also foster a sense of belonging and contributing to the hauora of your whānau in a meaningful way.

Yes, buying a home is possible for you too…

Think it’s not possible for you to get into a property? Then check out our blog post about 5 myths about buying property. We meet so many people that think they will never be able to buy a home. Whether it’s because they think they don’t make enough money or that they are convinced their car loan prevents them from getting a mortgage. It’s time to put these limiting beliefs and myths to rest, so you can start building a plan instead.

If you are ready to get started on your property journey, then you are more than welcome to book a meeting with us. 

Disclaimer:

Everything shared in this blog post is general financial advice. For financial advice tailored to you, please book a kōrero with us.