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Bene NZ is complicated in some ways. Agriculturally there's been a huge swing from cropping to dairying and vines. Dairy farms are a small fortune to buy in NZ... think millions. We've seen the Sauvignon Blanc glut, a bit like vineyards here, too much production. There's a few distinct markets...

We have some IPs in NZ and no stamp duty and the relative low prices was the intial lure. However same as Tasmania and anywhere small the council rates can be very high (nothing to pay $1500-2000 on a fairly modest place). Ours are fully owned in a superfund so can't comment on borrowing. NZ...