Investors choosing apartments in Christchurch over pricey North Island homes
North Island investors are turning their backs on higher prices in their home cities to snap up central Christchurch apartments.
The city has had a noticeable upswing in out-of-towners buying apartments and townhouses in the past few months.
"When average prices are $500,000 in Christchurch and $1 million in Auckland, you can certainly see the appeal," said Kelvin Davidson, senior economist for property analysis firm CoreLogic.
Scam Alert: Fake information regarding December Bonuses from MSD
The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’
If you get suspicious communication, please contact Netsafe.
Today’s Mind-Bender is the Last of the Year! Can You Guess It Before Everyone Else? 🌟🎁🌲
I dance in the sky with green and gold, a spectacle few are lucky to behold; I’m best seen in the south, a celestial sight—what am I, lighting up the New Zealand night?
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
Want to stop seeing these in your newsfeed? No worries! Simply head here and click once on the Following button.
Loading…