Property

Up-and-coming v proven performer

Is the practice of hotspotting a better strategy than buying property in a traditional growth area?

Thursday, May 18th 2017

New Plymouth

Finding that balance between risk and reward is one of the biggest challenges faced by every investor.

Some investors love discovering undervalued suburbs and buying when they are on the verge of growth, maximising their returns.

Others, though, choose to buy in areas with long term track records for positive performance, spending more but in a less risky location.

So which strategy do you think could work best for you?

Is it the “get ‘em while they are hot” approach which revolves around the appeal of up-and-coming areas?

Or is it the “safe as houses” approach which relies on the positives of proven performers?

In this month’s issue of NZ Property Investor magazine, we feature some head-to-head strategy showdowns between specific suburbs and cities.

The showdowns are Mangere v Epsom (suburb), Wellington v Auckland (city), South Waikato v New Plymouth (region) and Kawerau v Taupo (region).

While the showdowns demonstrate that there is a case for both sides of the argument, they may help you decide whether it is a conservative or an aggressive strategy that best suits you.

It is worth noting though that, overall, the advice for both strategies remains the same: crunch your numbers, buy well, know your market and look for deals where you can add value.

To find out more and read the full results of our strategy showdowns, click here to get the digital issue of NZ Property Investor magazine.

Subscribe to NZ Property Investor magazine here to get great stories like this delivered to your mailbox every month.

Comments

No comments yet

Most Read

SBS FirstHome Combo 4.29
Unity First Home Buyer special 4.69
Co-operative Bank - First Home Special 4.89
ANZ Special 4.99
SBS Bank Special 4.99
ASB Bank 4.99
TSB Special 4.99
Kiwibank Special 4.99
Westpac Special 4.99
ICBC 4.99
AIA - Go Home Loans 4.99
Nelson Building Society 4.97
Kainga Ora 4.99
SBS Bank Special 4.99
Co-operative Bank - Owner Occ 4.99
Wairarapa Building Society 4.99
Unity 4.99
TSB Special 4.99
ANZ Special 4.99
ASB Bank 4.99
ICBC 4.99
Westpac Special 4.99
Westpac Special 5.39
ICBC 5.49
BNZ - Classic 5.59
Co-operative Bank - Owner Occ 5.69
ASB Bank 5.69
SBS Bank Special 5.69
AIA - Go Home Loans 5.69
BNZ - Std 5.79
Kainga Ora 5.79
TSB Special 5.89
Kiwibank Special 5.89
SBS FirstHome Combo 4.19
AIA - Back My Build 4.44
CFML 321 Loans 5.25
Co-operative Bank - Owner Occ 6.20
Co-operative Bank - Standard 6.20
Heartland Bank - Online 6.25
Kiwibank Special 6.50
Kiwibank - Offset 6.50
ICBC 6.50
Kiwibank 6.50
Unity 6.64

More Stories

Four decades of 6-7% yearly house price growth ending

Friday, March 21st 2025

Four decades of 6-7% yearly house price growth ending

New Zealander’s reliance on property capital gains in the mid-single digits is at an end.

[TMM Podcast] Yelsa serves up “marine reserve” of property buyers

Friday, January 31st 2025

[TMM Podcast] Yelsa serves up “marine reserve” of property buyers

It’s been years in the making and former real estate agent Mike Harvey is now coming to market with his platform matching buyers and sellers, an offering he says will be a gamechanger for the industry.

Leaving last year's stumbling housing market behind

Friday, January 17th 2025

Leaving last year's stumbling housing market behind

As interest rates ease and job losses climb, New Zealand’s housing market faces a mixed year of modest growth, with conflicting forces shaping the outlook for homebuyers and investors.

Don’t bet on house prices rising faster than incomes

Wednesday, January 15th 2025

Don’t bet on house prices rising faster than incomes

Former Reserve Bank Governor and National Party leader Don Brash says there are grounds for believing that house prices may finally have ended the three-decade period when they rose significantly faster than incomes.