Where to invest?

Our Experts Answer:

Bear in mind that the overall New Zealand market is likely to have slower growth than has generally been seen over the last few years. Keeping that in mind, along with your stated goal of investing for capital growth, areas where there are population and general infrastructure growth are likely to do better than smaller regions. But do note that often these may have lower yields.

Given the scarcity of builders and the funding market being tight I can’t see Auckland catching up anytime shortly in regards to the amount of dwellings that need to be built. So, while I don't expect strong growth any time soon, I do think that the above will prevent much happening in regards to prices dropping and that it does stack up in the long term as a good area to invest in.