Manurewa vs Henderson

[Dens]

Hi folks, quick question:
All else being equal (house/price/yield), which would be a better area to invest in for medium-longterm growth, Manurewa or Henderson?
Or are they both similar?

Appreciate your thoughts.
Thanks

[Shane D]

My gut feeling would be Henderson by a lot. More shopping and transport infrastructure projects going on out West.

Shane

[Davo36]

I grew up in Manurewa, and sorry to say, I'd choose Henderson too

[Connor]

Many people are betting on Henderson and you'll see that reflected in the prices. I went with South Auckland instead. It just makes more sense for rental yield to me.

[Dens]

Thanks for the replies.
So it seems if you can buy well in Henderson, go there. But you've got a better chance of finding something with decent yield in Manurewa. Yeah?
i.e. in a case of apples for apples, west is best.

[BigDreamer]

We have had great buys in Manurewa with excellent yields.

I would recommend you go for the property that gives you the better yields.

[flyernzl]

I have bought in Manurewa 2008 thru 2013, but find it too expensive now for long-term holds.

[Dens]

Why's that? In terms of yield or less capital growth than you need?

[flyernzl]

I'm all about yield.
Can't pay the grocery bill with CG.

[Dens]

Yes, I'm starting out looking for yield too.
Which areas are you now looking, out of interest? Still in Auckland? or are you no longer looking?

[flyernzl]

Pukekohe. Now tagged by Auckland Council as a high growth area.

[Dens]

Pukekohe. Now tagged by Auckland Council as a high growth area.

Ah, I've thought about places out there and looked at a couple online that seemed like decent yield, but wasn't sure that the capital increase ripple would be sustained that far out.
Where did you see the council's high growth tag?

[flyernzl]

Somewhere on the Auckland Council website there is a diagramatic representation of the expected growth in the various Auckland areas.

[Davo36]

Somewhere on the Auckland Council website there is a diagramatic representation of the expected growth in the various Auckland areas.

Yes...

“But the plans were on display…”
“On display? I eventually had to go down to the cellar to find them.”
“That’s the display department.”
“With a flashlight.”
“Ah, well, the lights had probably gone.”
“So had the stairs.”
“But look, you found the notice, didn’t you?”
“Yes,” said Arthur, “yes I did. It was on display in the bottom of a locked filing cabinet stuck in a disused lavatory with a sign on the door saying ‘Beware of the Leopard.”

Link

[semaj_nil]

I am no expert on anything but my thinking is that, geologically west is a dead-end for any further land development, because it's the sea. But development can continue on south till Wellington (lol), and being in south you can travel all directions.