House of the rising sum: Turning tidy profit in just five months

Auckland house prices went through the roof in 2003. In a series starting today we look at some of the spectacularly high risers.

Friday, January 2nd 2004, 2:15AM

by The Landlord

It took only five months for a stylish, two-storeyed Meadowbank townhouse to jump $100,000 in price.

A Russian couple who live in Siberia bought it for their son for $605,000 last July, on the day it went on the market.

Read More - Opens in a new window
« Buoyant property investors predict next year to be even betterDevelopment plan for Paewhenua Island »

Special Offers

Commenting is closed

www.GoodReturns.co.nz

© Copyright 1997-2024 Tarawera Publishing Ltd. All Rights Reserved