Real Estate in Taupo, New Zealand
Last updated on Mar 16, 2024
Summary: People living in Taupo, New Zealand offer advice about real estate. How do you find a home in Taupo? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Taupo?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Taupo involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a single room in a shared house to a fully detached home. Next, you should start your search online. Websites like Trade Me Property, RealEstate.co.nz, and Rent.com are good places to start. These websites allow you to filter your search based on location, price range, and type of property. You can also use social media platforms like Facebook, where there are groups dedicated to rental properties in Taupo. Another option is to contact real estate agencies in Taupo directly. They can provide you with a list of available rentals that match your criteria. Some of the well-known real estate agencies in Taupo include Harcourts Taupo, LJ Hooker Taupo, and Bayleys Taupo. If you're already in Taupo, you can also look for 'For Rent' signs in the areas you're interested in. This can sometimes lead to finding rentals that aren't listed online. Once you've found a place you're interested in, you'll need to apply for it. This usually involves filling out an application form and providing references. You may also need to provide proof of income to show that you can afford the rent. If your application is accepted, you'll then need to sign a lease agreement. Make sure to read this carefully and understand all the terms before signing. Finally, you'll need to pay a bond (usually the equivalent of 3-4 weeks' rent) and your first week or two of rent in advance. Once this is done, you can move into your new home in Taupo," remarked one foreigner who made the move to Taupo.
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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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What is a typical expat home or apartment like in Taupo?
"A typical expat home or apartment in Taupo, is often a modern, well-furnished space with a blend of contemporary and traditional Kiwi design elements. These homes usually have spacious living areas and bedrooms, with large windows that allow plenty of natural light and offer stunning views of the surrounding landscapes. The kitchen is typically equipped with modern appliances and ample storage space. Outdoor living is a significant part of the New Zealand lifestyle, so many homes have a patio or deck, often with a barbecue area. Some homes may also have a garden or a small yard. In terms of location, many expat homes are situated close to the town center for easy access to shops, restaurants, and other amenities. However, there are also homes located in quieter, more residential areas, or even in the countryside for those who prefer a more tranquil setting. Many expat homes in Taupo also have a garage or off-street parking, and some may even have additional features like a home office, a gym, or a guest room. In terms of decor, many expats choose to incorporate elements of New Zealand's Maori culture into their homes, alongside personal touches that reflect their own heritage. Overall, a typical expat home in Taupo is comfortable, well-equipped, and designed to make the most of the town's beautiful natural setting," explained one expat living in Taupo, New Zealand.
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
What is the average cost of housing in Taupo?
If you are thinking about moving to Taupo, cost of living in probably a key consideration. Expats commented about the cost of housing:
"As of recent data, the average cost of housing in Taupo is typically around the mid to high six-figure mark in New Zealand dollars. Prices can vary greatly depending on the size, location, and condition of the property," said one person in Taupo.
Should I buy or rent a home in Taupo?
If you have not spent a lot of time in Taupo, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Taupo, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Taupo for a long period, buying a home could be a good investment as it allows you to build equity over time. It also provides stability and the freedom to customize your living space. On the other hand, renting might be a better option if you're not planning to stay in Taupo for a long time. Renting offers more flexibility, as it's easier to move if your circumstances change. It also doesn't require a large upfront investment like a down payment, and the landlord is typically responsible for maintenance and repairs, which can save you money. It's also important to consider the housing market in Taupo. If property prices are high and continue to rise, buying a home could be a good investment. However, if prices are low or falling, it might be better to rent and wait for a better time to buy. In conclusion, whether you should buy or rent a home in Taupo depends on your personal and financial circumstances, as well as the current state of the housing market. It's a decision that requires careful consideration and, ideally, advice from a financial advisor or real estate professional," said one person in Taupo.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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