View Full Version : Question for the Tauranga crew
Mrs Busa Pete
27th August 2007, 10:55
Pete and i are thinking of buying an investment property in Tauranga so my question is.
Where would you buy and why
Where wouldn't you buy and why
We would really appreicate your feed back.
Thanks Wendy
What?
27th August 2007, 15:16
I'd stay well away from Papamoa, as current prices are OTT, and the market is stagnant (possibly due to the huge number of sections available, combined with all the spec. houses that were built during the boom)
Parts of Greerton are still cheap (by Tga standards!) and should see good gains over the next few years. Matua is a good area, but will cost to get into.
And take this advice with a good pinch of salt - the market is a fickle little bugger...
Maha
27th August 2007, 15:26
Rabbit island....not alot of people and not alot of those pesky wabbits...:innocent:
hedgier1
27th August 2007, 15:31
Depends on what you want to spend. Greerton is cheap but not good for re sale.
Papamoa is a great place and is a fraction over-priced. Papamoa east is expensive.
Pyes Pa stay away from (DMNTD LIVES THERE).
Mount Maunganui and Bayfair cheaper.
Talk to ralph as he has checked out market as he is looking at buying also.
hedgier1
27th August 2007, 15:32
No matter where you buy the value of the area will decrease as you own in that area
.ha ha ha
DMNTD
27th August 2007, 15:34
Still new (8months) down here but from what I've seen from an outside perspective is that Greenton/Pyes Pa areas are the way to go but it really depends on what you're after and how many you would like to spend.
Annette and I have been looking ever since moving down so feel free to give us a buzz anytime :yes:
Mrs Busa Pete
27th August 2007, 16:42
No matter where you buy the value of the area will decrease as you own in that area
.ha ha ha
Well i heard the prices where going to up now that you are leaving for Aussie.:bleh::clap:
NUTBAR
27th August 2007, 17:50
you should come down for a weekend,
check out the areas to get a better idea where you would like to invest.
Mrs Busa Pete
27th August 2007, 20:42
you should come down for a weekend,
check out the areas to get a better idea where you would like to invest.
We plan to come down next weekend as we have to move out this weekend.
But i had seen a few on trademe so wanted to get idea of the areas. Most of the ones i like where in brookefield
Highlander
27th August 2007, 21:21
The old "how long is a piece of string" question....
Depends entirely on what you want it for.
MotoGirl
29th August 2007, 14:54
As someone who was born and bred here (yeah, I'm slow and sad), I'd buy in Otumoetai (Brookfield, Bureta, Matua). OK, so the area is older and more expensive, but it's close to town, shopping centres, and even has each level of school. Maybe I'm just pretentious :spudwhat:
I wouldn't (personally) touch any of these mass-produced areas like Bethlehem, Papamoa and now even Pyes Pa. :dodge:
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