Whanganui appears to be the new hot spot to buy an investment property, as it is being dubbed as the most affordable city by QV.
• Since stocks are running out in some, people move to Whanganui to buy houses 3x cheaper than Auckland & half the price in Wellington.
• The average residential property price is just $204,916, up 8.3% in the last 12 months.
• One property with a large garden & 3 bedrooms is being marketed for $225,000, while a 3000 square meter house & land package with solar panels is sold at $559K.
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