Currently I'm thinking about buying one property in Timaru and rent it out. After 2 or 3 years, I can move in as my retirement property after a little renovation. At the moment, I?m interested in one property there and agent told me that property rental appraisal report shows the rent is between $500 to $550. It?s very attractive to me.
The reason why I want to buy one property in Timaru is that I found the property price in Timaru isn?t high at the moment, comparing with its neighboring areas, e.g. Chch, Dunedin, Comwell?
Can anyone who are familiar with Timaru or its surroundings share your thoughts with me about how easy to rent out rental properties there, how about the capital gain there, and how good it is as one retirement town? Thank you very much!
The reason why I want to buy one property in Timaru is that I found the property price in Timaru isn?t high at the moment, comparing with its neighboring areas, e.g. Chch, Dunedin, Comwell?
Can anyone who are familiar with Timaru or its surroundings share your thoughts with me about how easy to rent out rental properties there, how about the capital gain there, and how good it is as one retirement town? Thank you very much!
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