Investor success bubbling away

Rotorua still has bargains on offer despite rising prices

Its tourism slogan is ‘New Zealand’s coolest hotspot’ and the Rotorua housing market is showing strong signs that it’s not just the hot pools and geysers that are on the boil.

With 18 lakes, the Redwoods forest and its internationally renowned mountain bike tracks, it’s a region enticing people to abandon the rat-race of the SuperCity and make a move a couple of hours south.
It’s a push the local council is now marketing, focused solely on Aucklanders to choose a lifestyle free from major traffic congestion and high mortgages.

Rotorua Mayor Steve Chadwick says the district is on the rise.

“Our GDP growth has been above the national average for the past year, we’ve got developments happening and business confidence is high,” Chadwick says.