Happy new yr to all
i’m looking for some feedback on houses verse units.
I’ve always believed in houses because of the land factor,but it seems to me that to get a good central location ie not too far from the beach, you need to buy an apartment.
So are GC apartments overpriced compared to a house?
Have they had similar capital gain over the last few yrs?
Is the holiday rental market for units saturated causing lower returns?
What rates of return can you expect to get on the GC for 3 bed house compared to 3 bed unit?
I realise any investment in the area would most likely be CF- but i’m looking for a good capital gain investment at the moment.
Any other advice on the area would be most welcome.
regards Queenstowner
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