Hi Everyone
I Have been searching around for a high yield investment property but i cant find any that are positive geared in and around the major citys i am looking in the North Island and was wondering what Medium size town are like some i have seen look to return 8-11% yields but what i am scared about is demand for rent in these towns some towns i have been looking at are.
Wanganui Pop 43 269 in 2001
Napier pop 53 658 in 2001
Hastings pop 70 842 in 2001
New Plymouth pop 68 901 in 2001
Gisbourne pop 43 971 in 2001
Rotorua pop 64 473 in 2001
Some of these towns have Declined in population from the 1996 Census to the 2001 census i cant seem to find a more current census than 2001.
There also seems to be a lot of Propertys for sale in these Towns, also a lot of rentals looking for tenants are more people moving closer to the citys for work???
Any help what be much appreciated sorry about the amature thread
I Have been searching around for a high yield investment property but i cant find any that are positive geared in and around the major citys i am looking in the North Island and was wondering what Medium size town are like some i have seen look to return 8-11% yields but what i am scared about is demand for rent in these towns some towns i have been looking at are.
Wanganui Pop 43 269 in 2001
Napier pop 53 658 in 2001
Hastings pop 70 842 in 2001
New Plymouth pop 68 901 in 2001
Gisbourne pop 43 971 in 2001
Rotorua pop 64 473 in 2001
Some of these towns have Declined in population from the 1996 Census to the 2001 census i cant seem to find a more current census than 2001.
There also seems to be a lot of Propertys for sale in these Towns, also a lot of rentals looking for tenants are more people moving closer to the citys for work???
Any help what be much appreciated sorry about the amature thread
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