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  • NZ Property Investor

    SEA, SAND AND SALES

    Mar 25, 2021 4 minutes

    Auckland’s North Shore has a reputation as a cruisy place, with its pōhutukawa beaches and sparkling seas. It’s been an area with big houses and bigger backyards, with elite seaside suburbs such as Takapuna housing some of the country’s rich and famous.

    Along with the rest of Auckland, North Shore has experienced phenomenal growth over the past few years. In the past 12 months, many North Shore suburbs have increased in value by upwards of 15%. Much of this growth has been driven by investors and developers looking to cash in on the demand for property in Auckland by utilising Unitary Plan changes that allow for intensification. Where one house on a 1,000m section used to be the norm, the plan changes now offer investors the chance to develop five or more smaller homes in its place.

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