The creative investor: Alternative methods for getting started in property

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Too many young buyers assume that there’s only one road to being a successful property investor. Unfortunately, because of the way house prices are going at the moment, that conventional path is becoming steeper and steeper.

What these aspiring investors too often forget is there’s more than one way to skin a cat, and there are even more ways to scale the property ladder. We at Goodlife Financial Advice know for a fact that with a little Kiwi ingenuity, the right advice and a drive to succeed, almost anyone can invest.

Here are a few alternative methods to get you thinking.

With the right approach investment can work for anyone. With the right approach investment can work for anyone.

Building over buying 

Buying investment property is the topic of countless articles, seminars and discussions. But what about building it? Thanks to our strategic partnership with Golden Homes and our knowledge of local markets, we’ve had several clients build new investment properties, enjoying capital gains of between $60,000 and $100,000 over the last year alone.

There are countless benefits to building instead of buying. For one, you’re exempt from the new loan to value ratio limits and may be able to build your property with a deposit as small as 10 per cent, meaning less saving and more time reaping the benefits of investment. Secondly, building may be more tax efficient depending on what your situation is. And of course by building your investment you can customise it to appeal to the market in the area, attracting better, more reliable tenants.

Alternative locations

For the majority of young Aucklanders , buying a property seems like an insurmountable task. After all, QV has the average house values in Auckland at $1,045,362 – an imposing number – especially if you don’t own a home yet.

These price challenges may seem insurmountable, but the fact is, all it takes to overcome them is to get a little geographically creative. Look to the regions where property is more affordable and start your investment career there.

In Whangarei the average property value is less than half of Auckland’s at only $472,081 and it’s possible to find a solid investment for far less. QV data shows that Whangarei property has appreciated at almost double the rate of Auckland’s over the last year.

Property investment doesn't have to be difficult. Property investment doesn’t have to be difficult.


Buying a first home is something most New Zealanders (especially Aucklanders) associate with sacrifice. Mortgage repayments mean less disposable income, property prices mean you have to buy further from work, family and friends, and your lifestyle is irrevocably changed.

It doesn’t have to be that way. Rentvestment is an alternative way of buying your first home that involves renting where you want to live, and buying an investment property elsewhere. This gives you the opportunity to stay close to work, family and friends while still reaping the benefits of property investment.

Because you’re not looking for a home to live in, you can focus on buying purely based on a property’s potential to turn a profit. That way you can look anywhere in New Zealand, from Whangarei, to Tauranga and Christchurch (all places where we’ve seen great success in the past).

If you’re not sure you’ll ever be able to buy property, don’t give up. Here at Goodlife we firmly believe that everyone can secure their futures with property investment – all it takes is a creative approach and the right advice!

Here’s to your financial independence!

Daniel Carney
Authorised Financial Adviser / Investment Property Specialist

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