Anyone Buying Property in New Zealand?

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Just wondering if any forum members have recenlty brought in NZ and have any comments??

I have recently purchased a property in NZ. There are some great deals to be found and it was relatively easy compared to other countries.

My first property I brought was in the captial city of Wellington, this city is very small but people there are very friendly.

The market at the moment is at a point where it may slow down.

The stratergy I used for the first property was a flip.

The average price for property is around the $272,000 (USD) figure.

There are currently no capital gains tax in this country, which is great!

What are your comments?
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