AGEING OPPORTUNITY
One of the most significant structural shifts shaping the future of property investment is New Zealand’ s ageing population. By 2050, around one-quarter of the population will be aged 65 or older.
Snelling says that increasingly, seniors are looking at renting not as a fallback, but as a lifestyle choice.
“ Many older New Zealanders don’ t want the burden of maintenance, rates, or large family homes. Renting offers freedom, security, and the ability to live in vibrant communities without the ongoing stress of ownership.”
This shift, what some are calling‘ re-retirement’, is already reshaping the rental landscape. Seniors represent a growing pool of tenants, often seeking well-located, accessible properties. For investors attuned to these needs, there is a compelling opportunity to provide housing that caters to an underserved demographic in a fit-forpurpose manner.
“ Importantly, this trend is dovetailing with intensification. As cities like Auckland face the need to accommodate millions more residents, planning debates are opening the door for medium-and high-density living.”
INTENSIFICATION AND GENERATIONAL CHANGE
One of the month’ s most significant developments was the Government-driven deadline for the Auckland Council to consult on zoning changes to accommodate two million additional dwellings across the region.
New maps already show central‘ character’ areas, including Remuera, Mount Eden, and Mount Albert, zoned for 10-15 storey apartments, while any property within 800 metres of a train station or town centre is in scope for intensification.
Snelling says this may be a point of tension among residents, voters, and policymakers – but for the rental market, it represents a generational shift.
“ In the short term, intensification is always a divisive issue, and the devil will be in the detail. But overall, it means more supply, greater choice, and modern, efficient rental housing in places where people actually want to live.”
RAY WHITE NOW NEW ZEALAND | 29