Andrew Nicholl

speaker

9,332 appearances 120 recordings 1 series first heard Apr 2026 last heard yesterday

Andrew Nicholl’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 120 in all, peaking in Jul 2026 with 29.

Appearances

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The Property Academy Podcast · Every NZ Town Ranked By Rental Yield (Worst To Best) · 20 Sep 2026 podcast

So because it's older, you want to budget an appropriate amount of money for maintenance a year. matched

Let's say you do two and a half grand for your maintenance budget per year. matched

Now compare that to a new property, you're probably only going to use kind of $500 for maintenance allocation per year. matched

Now, that extra $2,000 that you're budgeting for maintenance every year on the older property, and again, you're not going to pay that every year. matched

It could be for replacing the roof in 10 years' time. matched

That knocks about 0.4% off the yield. matched

So if you buy an older property because you want to have that advantage of the higher yield, well, the difference is probably going to be wiped out by matched

list? matched

So number three, and again, just focusing on the gross yield at the moment. matched

So that's South Taranaki, and that's got a gross yield of 7%. matched

So that is matched

Hawara, where Ed's from, about 10,000 people, still pretty small. matched

Farming town with the largest dairy factory, as he tells me all the time, in the southern hemisphere. matched

That's the one fact you should all know about Hawara. matched

That and matched

Really? matched

that. matched

LAUGHTER matched

But you've got to be careful when we say South Taranaki's got an average gross yield of 7% because South Taranaki is huge, right? matched

It's a huge district. matched

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