Wainuiomata houses?

[degrom]

Hi.

I need some opinions on buying house in Wainuimata...

Pro's and Con's..

We are looking at buying a house soon and they have a bit really nice house for a relative price.

Thx.

[Drum]

Well they're cheap. That's a pro.
Cons: The hill. Fairly low socio economic demographic, and all that entails. Very cold in winter.

I know some people that live over there and really like it. There are some nice neighborhoods and some not so nice. Take a drive around and see if it passes the safety test: Would your missus' feel safe walking down the street with a baby? If not, then find another location.

[Toaster]

Drum speaks good words of wisdom there.

Yep, some rather unplesant areas - just like many other relatively cheaper areas. Have a good look at your future neighbours before you buy. Think about the commute time to work etc and how that may affect you too.

[degrom]

Is it colder over there than say in the Hutt?

[Drum]

I hear it is colder than the Hutt. You can always crank the fire up though.

I'd say theres still a bit of value to be added to homes over there, so you are bound to get some capital gain.

If you've got school age kids then the quality of the local schools might be another consideration.

[degrom]

I hear it is colder than the Hutt. You can always crank the fire up though.

I'd say theres still a bit of value to be added to homes over there, so you are bound to get some capital gain.

If you've got school age kids then the quality of the local schools might be another consideration.

LOL - I think we are about years away of having children so schools is not a problem at the moment.

I must say shops is going to be a problem. Having to travel at least to the Hutt to get some of the needed shops can be a pain.

[Drum]

The important thing is to get into the market.

Owning a home in Wainui is still better than renting a home in Brooklyn, IMHO.

[degrom]

The important thing is to get into the market.

Owning a home in Wainui is still better than renting a home in Brooklyn, IMHO.

That's exactly what I also feel... We are renting in the Hutt at the moment for $300 a week and I feel that $1200 will really be better spent on my own mortgage.

But it's really scary buying your first home.

[James Deuce]

I wouldn't buy in Wainuiomata.

[degrom]

I wouldn't buy in Wainuiomata.

LOL.. Mate I like your way of doing things!!!

Straight to the point!!!

Should I rather buy in Porirua?

[u4ea]

I only lived in Welly for a short time and the people I know that live in Wainui like it there.It is fair to say its like anywhere as far as neighbours go.Stokes Valley and Petone were known as low socio areas too but things have changed and still are.Moving from Wanganui I have seen the growth that has happened because of market prices being cheeper once.Am in Shannon now and things are slowly catching up here too.(think the chips are cheaper than the houses).If its your first home then remember you have to start somewhere and buying now is a good idea!!!!!!Had my first hme when I was 18,am in my third.Not a castle by any means but I have stability and dont have to worry about being booted out when the market catches up and landlords can double their $$ by selling.

[VasalineWarrior]

I wouldn't buy in Wainuiomata.

But your a bald hippy who believes we should all live in communes right?

[Shadows]

If your budget will only stretch that far (and unless you're getting a 6 figure income then that is probably the case for most these days!), go for Wainui. Not as bad a Porirua East by a long shot. Some areas are quite nice, others not so nice. Normally there is an obvious demarcation between "good" and "bad" areas, most towns have them. As somebody said before, drive around and have a look. Tagging is a pretty good indicator you're looking in the wrong area.
Being in a basin, it is a bit colder in winter, a lot warmer in summer.
Prices have gone up significantly over there in the last couple of years. People are starting to buy in the Wairarapa and doing the commute every dau because they simply can't afford this side of the Rimutaka hill.
It will only get worse, I wouldn't wait any longer.

[merv]

People are starting to buy in the Wairarapa and doing the commute every dau because they simply can't afford this side of the Rimutaka hill.
It will only get worse, I wouldn't wait any longer.

You'll have nice comfy air-conditioned trains to ride in from the 'rapa soon too.

Otherwise all the advice so far is right on, whether Wainui or Porirua, no harm in buying now in an area you can afford. You've got to do a bit of a guess as to what state the market is in - is it going to burst like the doomsayers say or not? Usually in a rising market there is no harm in stretching yourself slightly either, because in a few years time you'll look back and wish you'd bought the slightly better house then because look at the price of it now.

[Shadows]

Usually in a rising market there is no harm in stretching yourself slightly either, because in a few years time you'll look back and wish you'd bought the slightly better house then because look at the price of it now.

Roger that. I'm kicking myself daily.