'Buying NZ Property – Download the free sample readings!

NZ presents some of the most alluring property in the Western World; particularly given the greater easy of residency, the low cost of property, and the liveability of the country. In addition, there is no capital gains tax, transfer taxes, VAT/GST or wealth taxes in NZ, so rest assured that NZ property is tax-effective! Learn more now!

New Zealand Property Report 2010 - Download the table of contents or buy this 180-page report at our online store for just $US19.95.


Tuesday, September 27, 2011

Wanganui - the best property value in NZ

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The latest property affordability survey results place Wanganui first in NZ as the most affordable for living. I have lived in Wanganui for the last 3 years. We bought when the NZD was 0.53-0.55 to the USA, and that rate is now $0.80. We expect it will be fairly stable at these rates for the foreseeable future. NZ has healthy exposure to food exports, albeit premium product. We expect some trade off in volumes and prices, and otherwise a soft economic outlook. Not as bad as offshore, and we see monetary policy (i.e. yields) as a weak influence on exchange rates.

If you'd like to know more about Wanganui, take a look at this article in the local newspaper.

Posted by Andrew Sheldon at 3:15 PM
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'Buying NZ Property – Download the free sample readings!

NZ presents some of the most alluring property in the Western World; particularly given the greater easy of residency, the low cost of property, and the liveability of the country. In addition, there is no capital gains tax, transfer taxes, VAT/GST or wealth taxes in NZ, so rest assured that NZ property is tax-effective! Learn more now!

New Zealand Property Report 2010 - Download the table of contents or buy this 180-page report at our online store for just $US19.95.


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