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  1. #1

    Default Auckland vs Dunedin

    Hi everyone

    I would like to have some advice from everyone.

    I live in my own house in Auckland.

    Currently I have one investment property in Dunedin.

    Now,I am planing to buy one more property, which one (city) would you choose?

    Please tell me your opinion!

  2. #2
    Join Date
    Mar 2015
    Location
    Brisbane Wellington Auckland
    Posts
    826

    Default

    Quote Originally Posted by nor View Post
    Hi everyone

    I would like to have some advice from everyone.

    I live in my own house in Auckland.

    Currently I have one investment property in Dunedin.

    Now,I am planing to buy one more property, which one (city) would you choose?

    Please tell me your opinion!
    Buy something in between the 2
    Wellington
    Wellington typically is supported by Labour government policies

  3. #3
    Join Date
    Oct 2015
    Location
    Rotorua
    Posts
    476

    Default

    Quote Originally Posted by nor View Post
    Hi everyone

    I would like to have some advice from everyone.

    I live in my own house in Auckland.

    Currently I have one investment property in Dunedin.

    Now,I am planing to buy one more property, which one (city) would you choose?

    Please tell me your opinion!
    I've heard New York is good

  4. #4
    Join Date
    Sep 2011
    Location
    Dunedin
    Posts
    1,689

    Default

    dunedin is booming at the moment but obviously prices are always going to be cheaper than auckland, big shortage of rentals here as well, i have a renovated 4 bedder in a good area going to be sold soon, around 500k is the land sharks estimate

  5. #5
    Join Date
    Feb 2018
    Posts
    126

    Default

    Buy cashflow properties in Auckland, so you enjoy both high capital gain and high rental growth, with positive cashflow in day one.

    Else try Hamilton.

    Bigger population and population growth = more capital growth and rent growth long term

  6. #6

    Default

    Thanks
    I will think about it.


 

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