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mja, thanks again for your prompt and informative reply. Did you continue chipping away at your -$400 per week position through wellington, or have you gone down another track? Have you seen much CG since when you bought for 70k? Cheers again. Matto.

mja, thanks for the prompt reply. Much appreciated. So - sounds as though even if you did have 1-2 months of vacancy every now and then the cashflow being generated offsets this? I read somewhere else, that people have had trouble getting trades in the area. Have you (or anybody else) found...

Hi All, Old thread - but wanted to find out whether anybody else has experience from an IP perspective on Wellington. Going by the API/YIP stats - looks like the town hasnt seen much CG in the past 5 years, but looks like it had a spurt at some stage over the last 10. Cheers, Matto