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

and matched

And again, you see that in a combination of small towns where you've got lower value rental properties, a median value of $313,000, that's going to make that yield so much stronger. matched

And also the thing about averages, again, we always say that half the people that look at an average are going to be disappointed and half are going to be happy because they'll be over or under that because that's just the way averages work. matched

And you might buy a property today and it might rocket up in price in the next 10 years and all of a sudden your yield looks like crap. matched

And again, you might consider selling that property and redeploying your capital, but there are reasons that this is just one thing that you can matched

area? matched

So that's the South Waikato District, and that's 7.3%. matched

So again, really, really high compared to places like Christchurch or Auckland. matched

What sort of towns are we talking there? matched

Places matched

That's true. matched

Without a word matched

The Property Academy Podcast · Why NZ's Cheapest Towns Are Getting Less Affordable · 14 Sep 2026 podcast

And I'm Andrew Nicholl.

Well, firstly, we're going to decide how we're going to measure it.

So there are different ways that you can measure affordability.

But if we look at the cost of a mortgage, nationally, a mortgage now takes about 40% of your typical household income.

Now, the long run average since 2004, it's about 42%.

So we're slightly better than average, but not everywhere in the country is getting more affordable.

So there are 38 districts that are more affordable than their long-term average, but there are 24 that are worse.

A thousand percent.

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