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  1. #1

    Default Investing hot spots in NZ?

    Hi all, just wondering what areas are good to invest in NZ at the moment or to keep an eye on? We stopped investing 6 years ago and now want to continue. We would be looking at a mid to lower end of the market.

  2. #2
    Join Date
    Jan 2009
    Posts
    209

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    Whangarei. Port moving, plenty of jobs, rents unaffected

  3. #3
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    Aug 2003
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    7,866

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    Wellington's a good bet, it's got Gov't.
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  4. #4
    Join Date
    May 2007
    Location
    Hamilton
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    3,684

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    What is an investing hot spot?

    Do you want an area that has just jumped in value, so will probably be flat for a while?

    Do you want everyone's guess on speculation and the next big thing?


    If you are looking to buy as long term investment, I personally like to concentrate a lot more on long term sustainability. Buying a rental that really works well for you long term. Maybe has ability to add value, and also with good cashflow. I like bigger populations, so more jobs, more tenants, more possible buyers, less risk of large unemployment based on one employer.

    Otherwise you can end up with a short term gain, but long term pain.

    Ross
    Not sure where to start, book a free chat for 5-10 minutes https://cswaikato.co.nz/services-pro...s-hamilton/201
    Ross Barnett - Coombe Smith Property Accountants


  5. #5
    Join Date
    Aug 2003
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    7,866

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    I don't think a large population matters so much if your tenants are beneficiaries. You can get market rent, and (in my experience it's always paid), plus no issues with loss of job etc. Just a thought!

    cheers,

    Donna
    PropertyTalk Blog - property articles - About PropertyTalk

    BusinessBlogs - the best business articles are found here




 

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