Program Overview
Overview of the Property Program
The property industry is a cornerstone of New Zealand's economy, contributing around 15% of the country's GDP and employing nearly 10% of the workforce. As of September 2024, the total value of residential and commercial property stock exceeded $2.2 trillion, highlighting its critical role in national wealth and economic stability.
What Does the Future Hold?
New Zealand's property market is evolving, with residential prices stabilizing and expected to grow modestly. Commercial property is facing mixed fortunes, with premium office spaces in demand and older buildings facing rising vacancies. The rise of remote work has reshaped demand, with many people moving to regional areas for lifestyle reasons and homes with dedicated office spaces and good internet becoming highly sought after.
Skills and Attributes Gained from the Bachelor of Property Degree
Studying Property helps develop a range of skills, including:
- Practical, real-world experience of property markets
- Written and oral communication skills
- Relationship building skills
- Data, research, and information analysis skills
- Knowledge of finance and investment
- Knowledge of development and building surveying
- Knowledge of marketing techniques
- Strong sense of professional standards and ethics
- Good time management and organizational skills
- Problem-solving ability
- Numeracy
- Computer skills
Property Career Options
Career opportunities include:
- Asset management coordinator
- Commercial and industrial property adviser
- Digital marketing coordinator
- Facilities officer
- Franchise support administrator
- Historic building inspector/conservation officer
- Leasing coordinator
- Mortgage broker/adviser
- Project manager
- Property and operations assistant
- Property consultant
- Property developer/investor/maintenance supervisor
- Property finance analyst
- Property manager
- Property marketing specialist
- Property staging assistant
- Quantity surveyor
- Real estate agent
- Renovation consultant
- Rural practice surveyor
- Sales consultant/estimator
- Urban planner
- Valuer
- Workplace/housing coordinator
Where Do Property Graduates Work?
Property professionals can find employment in a wide range of organizations, including:
- Real estate agencies
- Property valuation firms
- Construction and infrastructure companies
- Government and councils
- Corporate property teams
- Banking and insurance
- Housing organizations
- Consultancies and asset managers
- Research and analytics firms
Examples of companies that hire property graduates include:
- Bayleys
- Harcourts
- Colliers International
- CBRE
- JLL
- Quotable Value (QV)
- Preston Rowe Paterson
- Beca Ltd
- WSP
- Tauranga Crossing Ltd
- Auckland Council
- Christchurch City Council
- Selwyn District Council
- Ministry of Business, Innovation and Employment (MBIE)
- NZTA
- Farmers Trading Company
- SkyCity
- Auckland International Airport
- ANZ
- Rabobank
- AMI
- IAG
- Housing New Zealand (now Kinga Ora)
- Equinox Capital
- Goodman Asset Services
- Oyster Property Group
- Darroch
- Livestock Improvement Corporation (LIC)
Study Options
Study options include:
- Bachelor of Property
- Postgraduate study in Property
Professional Associations for Property Students and Graduates
Professional associations include:
- Property Institute of New Zealand (PINZ)
- Property Council New Zealand
- Real Estate Institute of New Zealand (REINZ)
- Royal Institution of Chartered Surveyors (RICS)
Useful Resources
Useful resources include:
- Careers New Zealand
- Prospects
