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Episode Info

Episode Info:

Campbell catches up with Property Investor and founder of Max Property Management - Rachael Hurford. Racheal is on the ground in Christchurch managing hundreds of properties for clients of The Property Factory and no one is closer to the tenant demand coalface than Rachael.

Racheal shares insights on the inner city demand she is seeing for townhouses and apartments especially in 1-bedroom properties and how demand is driven by professionals aged 25-40 who work in the CBD, not migrants and students. Rachael talks about the growing demand and waiting list of tenants wanting to rent 350 Colombo St and what makes it popular, where she expects rents to rise to once the project is tenanted and how returning expats are helping drive demand in a vibrant CBD that boasts 7,000 residents now and forecast to rise to 20,000. Racheal shares the reality of “cold old dwellings” and the difference of $200-$300+ per month in power bills from heating them.

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