With recent changes in the property market and evolving council planning rules, many landowners are starting to ask: Is now a better time to subdivide?
The answer? It depends – but the outlook is certainly more encouraging than it was 12–18 months ago.
Market Confidence Is Growing
After a period of uncertainty, buyer confidence is slowly returning. Interest rates appear to be stabilising, and there's cautious optimism in the residential and infill development sectors. While the market hasn’t fully bounced back, there’s a noticeable shift in momentum – especially in high-demand urban areas.
Planning Rule Changes
In regions like Auckland, intensification under Unitary Plan rules mean more properties now qualify for subdivision. If your land meets size, zoning, and access criteria, you may have opportunities that didn’t exist previously.
Construction Costs & Timelines
While building costs remain elevated, they are no longer rising as sharply. This allows developers and homeowners to budget more confidently. Council processing times are also slowly improving – another sign that things are moving in a better direction.
Should You Wait or Act Now?
If you’ve been sitting on a potential subdivision opportunity, now could be a good time to start the feasibility process. Even if you don’t intend to build right away, securing resource consent now could give you options for the future – or add value if you decide to sell.
Need Advice?
We specialise in helping landowners navigate the subdivision process – whether you’re just exploring your options or ready to get started. Contact us for expert guidance tailored to your property and goals.
