As we head into winter, New Zealand’s property market is showing signs of a slow but steady recovery. While the latest QV House Price Index reveals only modest national gains, a clearer picture is emerging beneath the surface – one of stabilisation, renewed opportunity and a cautious return of confidence.
At Norfolk Mortgage Trust, we’re not waiting for the market to make headlines. Our strategy is grounded in long-term thinking, deep market knowledge, and disciplined analysis – helping our investors move with confidence, even when others hesitate.
A Market Finding its Feet: Subtle Gains, Emerging Signals
According to QVs April report, average home values in New Zealand rose just 0.10% over the past three months to reach $914,504 – a marginal gain that still leaves values 1.33% lower than they were this time last year. That flatness, however, is not stagnation. It’s a sign of recalibration after years of volatility.
In fact some regions are showing early signs of positive momentum:
- Christchurch home values rose 0.88% this quarter and are now 1.35% higher than a year ago
- Hamilton, Napier, and New Plymouth also posted modest gains
- Northland and Tasman led regional growth, suggesting renewed interest from both first-home buyers and investors.
QV’s James Wilson describes the current environment as one of “stability” – a sentiment echoed in major urban centres where market fluctuations have mellowed and sentiment is cautiously improving.
A Window Opens: First-Home Buyers Step In, But Investors Aren’t Standing Still
As interest rates gradually ease and prices soften in key centres like Auckland and Wellington, first-home buyers are seizing a rare window of opportunity.
In parts of Auckland, standalone homes are now selling in the $700,000s – levels unseen in years. In Wellington, while values continue to dip, well-presented stock is drawing fresh interest.
But here’s the twist – seasoned investors are watching the same trends.
While many adopt a wait and see approach, others – especially seasoned investors – are stepping in strategically. They’re leveraging:
- Lower competition in a cautious market
- The return of interest deductibility for rental properties
- Greater bargaining power and more selection
This dynamic creates a subtle but growing tension in the market: both first-home buyers and investors are drawn to the same opportunities. The advantage will go to those who move decisively and with insight.
What This Means for Norfolk Mortgage Trust Investors
While others debate the timing of a market return, we continue doing what we’ve always done – delivering consistent, property-backed monthly returns.
Norfolk Mortgage Trust continues to offer investors consistent, property-backed monthly returns they can rely on.
In a low-volatility market, here’s why our approach shines:
Conservative Lending Secured by First Mortgages
Every loan is backed by a first registered mortgage – giving us (and our investors) the primary claim on the property should the unexpected occur
Diversified. Selective. Consistently Rewarding.
Our diversified portfolio, combined with our ability to cherry-pick the best opportunities, helps protect against localised downturns and enables us to deliver consistent monthly returns for investors.
Proven Track Record
With an annualised, pre-tax return of 7.25% p.a (as of 30th April, 2025), we continue to deliver stable income backed by real estate assets – a testament to our careful lending practices and market insight.
Trust Built on Expertise and Transparency
At Norfolk Mortgage Trust, we don’t chase headlines or speculate on short-term trends. We focus on safeguarding your capital and delivering consistent returns – in any market.
Whether conditions are hot, cold, or in between, you can count on our team to stay grounded in fundamentals and proactive in strategy.
The Market’s Mixed Signals? We See a Clear Opportunity.
While others hesitate, you can move with confidence.
With Norfolk Mortgage Trust, you gain:
- A disciplined approach that performs across market cycles.
- A trusted team with deep market experience
- Property-backed investments with monthly income
Now’s the time to move with purpose, not pause with the crowd.
Talk to us today about securing consistent returns backed by real property.
Norfolk Mortgage Trust – Trusted Expertise. Consistent Returns. Property-Backed Confidence.
Data Source: QV’s April 2025 House Price Index Report