All Topics / Overseas Deals / moving to NZ

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  • Profile photo of crashycrashy
    Join Date: 2003
    Post Count: 736

    We have plans to move to NZ in 3-6 months.

    Where are the bargains?

    where are the high yield areas?

    Im a tradesman, where is there lots of work?
    Positive Geared Share Investing

    Profile photo of GreenfieldGreenfield
    Join Date: 2006
    Post Count: 5

    Hi Crashy
    I guess the grass does look greener on the other side.

    New Zealand house prices are at an all time high with rental returns lagging behind.
    My house is valued at 520k in NZ with an approx rental return of $350p/w whereas a similar house in brisbane would be valued at 350 to 400K with probably the same return.

    But in saying that there are definte cashflow +ve deals in NZ.
    Tauranga is a nice city and a go ahead place. You really need to live here to learn the areas that are good or bad.

    Wellington would probably be my choice, not the greatest climate ,but I have seen a lot of good deals there.

    Good Luck

    Profile photo of westanwestan
    Join Date: 2002
    Post Count: 1,950

    Hi Crashy

    Welcome back to the Forum.

    WOW i haven’t see you here since 2003 !!!

    Since then i went and lived in NZ in 2004-05 returning last December.

    If you want to talk about where to live, feel free to call me on 0409 505 188

    Hope your Share ventures were as successful as you planned.

    regards westan
    The leaders in USA Investing.
    join out free database [email protected]

Viewing 3 posts - 1 through 3 (of 3 total)

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