Hot growth in NZ

Hello everyone.

If anyone has seen my diary, I am planning to buy at least one propety in NZ in the coming year. To get the loan I need to borrow at least US$100,000 on one property only. It seems a lot for one house in NZ, but maybe not enough for a block of flats or something similar. Rather than big rental returns I am looking for something that will grow a lot in the coming year(s).

I would appreciate any advice as to what the best strategy might be.

My online investing diary: http://retireyoungandwealthy.blogspot.com/

Hi TokyoJoe,

There are plenty of houses in NZ in that price range and lots in higher price ranges.

Perhaps look around Taupo area.

I wouldn't mind having your dilemma!

Goodluck,

Del