The prospect of buying a property in Manawatu, Rangitikei or Wanganui could prove to be an attractive option for home buyers as the region is now the third most affordable in New Zealand behind Southland and Taranaki for home buyers.
Friday, March 7th 2003, 4:35PM
by The Landlord
However, it may be a case of dwindling supply and increasing demand that will see housing affordability drop over the next 18 to 24 months. Pressure from the influx of Air Force staff on transfer to Ohakea, workers for processing plant establishment or expansion in Wanganui and Rangitikei are some factors expected to force house prices up.