News

Investors seek capital gains

Thursday 24th of October 2013

It found that 34% of investors bought for capital gain, 27% for yield, 18% for future considerations, 15% for location and 6% for price.

Investors thought that 5% to 7% was an acceptable yield in the current market. Those who responded to the survey said central Auckland was delivering the best yields, followed by South Auckland.

Crockers said the average rental return had dropp...

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