In this episode, we discuss whether it's a good idea to buy your first home or an investment property in Ngaruawahia. Ed shows us the data he would look at (and where he got it from) to assess whether the town is worthy of a second look when it comes to investing.
We find that while Ngaruawahia has historically not had the best reputation, it stacks up much better when looking at the data. While poorer than neighbouring Hamilton, isn't significantly poorer. And while GDP growth in the whole area is sluggish, crime is also lower when you account for population.
To learn more about how to crunch the numbers on an investment property. Come to our next property investment webinar, which is happening on 1st June at 7pm. Click the link above to register.
The Property Academy Podcast