AUCKLAND INVESTORS TO FOCUS ON RESIDENTIAL

 

Residential property remains the overwhelming preference for Auckland investors, as found by Crockers Property Group’s latest survey. The survey found that 67% of respondents are considering investing in residential property, with CBD apartments coming in at second with 26%. This 2012 focus on residential investments is supplemented by the fact that 68% of the respondents are planning maintenance in 2012. The overall findings of the survey tipped suburban non-apartment residential properties to be the hot investment for Auckland investors in 2012 – particularly for those with portfolios of $500,000-$1,000,000.

Source: NBR NZ Property Investor, 7 February 2012 (AL)

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