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本帖最后由 Stella1000 于 2013-9-19 22:42 编辑
Yes, it was true that Te Atatu Peninsula was cheap ten years ago, it was even cheaper 15 years ago.
Someone I know bought a piece of water front land (full section) for $140k about 16 years ago. That piece of land would worth over $600k today and there are not many available now.
However, the market has changed, especially in the last a few years. More and more young professional couples have moved in to the peninsula, and more are coming.
Three years ago, a young couple (tenants) rented with me in Te Atatu Peninsula for a year. They both were high income earners working in CBD. They fell in love with the place and ended up bought a property worth $610k in October 2010. Today, you cannot buy that property for anything under $800k! |
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