Yes, the numbers for Queenstown would stack up, but if you had been there you would probably understand why!
It’s an old mining town which is now more of a tourist destination now than anything else. i.e. stagnate if not declining population growth, and very little reason to live there.
I would suggest you should stick clear of Queenstown, but feel free to check it out for yourself.
The vacancy rate is quite high, and even real estate agents have seemed a little reluctant to *really* sell the place (once I started asking questions about vacancy rates, expected returns, and getting them to property manage places).
The vacancy rate is quite high, and even real estate agents have seemed a little reluctant to *really* sell the place (once I started asking questions about vacancy rates, expected returns, and getting them to property manage places).
[Thanks, guys!!/quote]