Real Estate in Avonhead Could Be Great Investment Option
Real estate in Avonhead is not only a great place to live, it can be a sound investment, as well.
While Auckland is the top dog for capital gains, Westpac reported on March 27 that the South Island is strong when it comes to rental yields.
Christchurch in particular was highlighted as a great area for rental yields, especially for three-bedroom homes.
"Investing for gross yield and capital gain require two different strategies and it is vital investors understand that from the outset," said Westpac General Manager of Retail Bank Ian Blair.
"Capital gain can be a shorter term prospect while yield is more commonly a long term play. Deciding on that then flows into the type of property and location to target."
Of course, Avonhead and surrounding regions offers plenty to home buyers of all stripes, but it's good to know you can turn to the suburbs surrounding Christchurch if you ever decide to try your hand at the property investment market.
Whether you're looking to invest in property in Avonhead or are simply looking to move into the wonderful community, Heather Dietsche can help you make your real estate dreams a reality.Posted by