He Bought In The WORST Area In NZ. Here’s What Happened
Episode Ep 2606 16 min 25s

He Bought In The WORST Area In NZ. Here’s What Happened

Back in 2021, we called Levin the most overvalued town in the country. A listener gone unconditional on a $930k house there. Today, he's down around $150,000, and he asked a fair question: would we change our answer now?

In this episode, Ed and Andrew re-run Levin through five tests to see if it's finally a buy.

You'll learn:

  • Whether Levin is genuinely cheap now, or just getting cheaper
  • Why it's still overvalued after four years of falling prices
  • The small-town risk that most buyers never check

The lesson? This was never really about Levin. He paid 1.8x the average house in town... and the "overflow town" has nothing overflowing into it right now.

Let us know your thoughts by leaving us a voice message on the Property Academy Hotline⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

For more from Opes Partners:

Community discussion