Hi Westan,
Like you I have no intension to sell & like you my propertys are in Mornington & St kilda
we must think alike
I understand you have some in Invercargill too??
snap, same here

Hi Well Dunedin has changed since you were here last
you pick up a dive in Dundas st now for $200,000- $250,000 & you might if your lucky get $300pw for it
but there are plenty of empty student flats here at the moment & rent deductions going on, Infact in this mornings paper it was mentioned that there are 43 knowen student flats sitting empty as…[Read more]

Hi,
I sure hope that what most of you are saying is good, as we have a couple of units in Invers (I normanlly refer to Invercargill as “Invervegas”)
We brought down there as , at the time most propertys were still cash flow postive, though that seems to have changed & I see now that only the cheaper & in some cases , junk propertys seem to be at…[Read more]