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Rental market in Whangarei / Dargaville

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  • speights boy
    replied
    Originally posted by drelly View Post
    I'm in Whangarei.
    You may get a second chance to get it right.

    Key distances himself from MP

    Leave a comment:


  • BigDreamer
    replied
    ... and to Switzerland.

    Leave a comment:


  • speights boy
    replied
    Bit of an insult to Timor I would have thought.

    NZ has zombie towns that need to close — economist

    "Places like Northland look more like Timor and if we look at places like Orakei in Auckland it’s more like Switzerland",

    Leave a comment:


  • BigDreamer
    replied
    Originally posted by drelly View Post
    I'm in Whangarei. Most prospective tenants are low income earners such as caregivers and beneficiaries.
    I personally have no problem with WINZ tenants given that the rent is paid out directly to our bank account.

    Leave a comment:


  • drelly
    replied
    Originally posted by green as grass View Post
    Hummm ok, thanks for the feedback.

    If Whangarei has problems with tenants then I'd hate to think what your opinion would be for Dargaville
    I did try searching through the forums, found a brief mention of Dargs & another thread about investment in the provinces which was a good insight. I'll have another trawl & see what happens. Thanks again
    Don't have anything in Dargaville. Some investors made great capital gains but the trouble with those really small, cheap towns is that the cashflow isn't so great when you factor in maintenance, insurance and rates, which are a greater proportion of the value of the property than in larger towns. Kaitaia gross yields are awesome!

    Leave a comment:


  • green as grass
    replied
    Hummm ok, thanks for the feedback.

    If Whangarei has problems with tenants then I'd hate to think what your opinion would be for Dargaville
    I did try searching through the forums, found a brief mention of Dargs & another thread about investment in the provinces which was a good insight. I'll have another trawl & see what happens. Thanks again

    Leave a comment:


  • drelly
    replied
    I'm in Whangarei. Most prospective tenants are low income earners such as caregivers and beneficiaries.

    Leave a comment:


  • Eljay1
    replied
    Originally posted by green as grass View Post
    Hey guys, it's been a while since I was here, life has had me busy in other areas & once again a new page has been turned so I'm considering a rental investment up north.

    In a general sense has anyone noticed a trend over the past few years, ie; lower ROI, more demand from renters etc?

    I'm just trying to get an objective view of where it's at in 2014....



    Thanks

    GaG
    Not sure if you've done a search but there was a thread on Whangarai not so long ago. Hard to find decent tenants seemed to be the jist.

    Leave a comment:


  • BigDreamer
    replied
    Sorry I'm not familiar with the area but most likely the reason no one has replied is because this thread is in the wrong forum.

    Leave a comment:


  • green as grass
    started a topic Rental market in Whangarei / Dargaville

    Rental market in Whangarei / Dargaville

    Hey guys, it's been a while since I was here, life has had me busy in other areas & once again a new page has been turned so I'm considering a rental investment up north.

    In a general sense has anyone noticed a trend over the past few years, ie; lower ROI, more demand from renters etc?

    I'm just trying to get an objective view of where it's at in 2014....

    Thanks

    GaG
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